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Harley-Davidson Dealership
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24 South Rolling Meadows Drive, Fond du Lac, WI 54937

The single-tenant property is structured for an absolute NNN lease at closing.

Property Size34,289 SF
Price / SF$168.95
Days on Market16

Property Features for 24 South Rolling Meadows Drive

General Information

Standard status Active
Size 34,289 SF
Property subtype Retail

Building Details

Year Built 2001
Tenancy Single
Listing Agency: OnPace Partners
Listed By: Liam Rowan · License #GA 435430
Source: Crexi
Added: Sep 21 Changed: Oct 1 Last Checked: Oct 5 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OnPace Partners

Investment Insights

Based on property information with market context.

Built in 2001 for Harley-Davidson operations, this 34,289-square-foot dealership has remained in that use at the same Fond du Lac address for roughly 25 years. The single-tenant offering includes an absolute NNN lease to be executed at closing, with a 20-year primary term and five renewal options. Rent increases 2.25% annually during the primary term and renewal periods. Tenant responsibilities include taxes, insurance, common areas, roof and structure, repairs and maintenance, HVAC, and utilities.

At 24 South Rolling Meadows Drive, the property sits along the western edge of Fond du Lac’s primary retail corridor, with visibility from Interstate 41. The dealership has a 4.8-star rating based on more than 1,600 reviews and serves as the anchor for an active Harley Owners Group chapter.

Key Highlights

  • 34,289‑square‑foot Harley‑Davidson dealership built in 2001
  • Operating as a Harley‑Davidson dealership at this address for roughly 25 years
  • 20‑year absolute NNN lease at closing, with five renewal options

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$201,331
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,026,620 $4.0M
Cap Rate 7%
$2,876,157 $2.9M
Cap Rate 9%
$2,237,011 $2.2M
Market Conditions
NOI Build-Up for 34,289 SF
Gross rent
$308.6K $9.00/SF
− Vacancy
−$21.0K −$0.61/SF
EGI
$287.6K $8.39/SF
− OpEx
−$86.3K −$2.52/SF
NOI
$201.3K $5.87/SF
Area
Fond du Lac County, WI
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,026,620
Cap Rate 7%
$2,876,157
Cap Rate 9%
$2,237,011

Alternative Uses

Best Use
Industrial
$2.88M
$2.52M – $3.36M (±1% cap)
NOI $201,331 @ 7.0% cap · market cap 3.48%
Second Best
Retail
$2.21M
$1.93M – $2.58M (±1% cap)
NOI $154,521 @ 7.0% cap · market cap 2.67%
Theoretical Best
Multifamily LT 5
$33.04M
$28.91M – $38.55M (±1% cap)
NOI $2,312,862 @ 7.0% cap · market cap 39.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Open Road Harley-Davidson Motorcycle Shop Open Road Harley-Davidson ... Auto Parts Store Open Road Harley-Davidson ... Auto Repair Shop Open Road Harley-Davidson ... Clothing Store

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Parking Lot & Garage Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby
120k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Shops & Services 43% Electronics 8% Hotels & Casinos 2%
Kwik Trip Shops & Services
47,506 visits/mo 0.5 miles
Culver's Dining
28,811 visits/mo 0.4 miles
Arby's Dining
12,071 visits/mo 0.5 miles
Buffalo Wild Wings Dining
11,781 visits/mo 0.4 miles
GameStop Electronics
6,427 visits/mo 0.5 miles

Demographics for 54937, WI

21,333
Population
9,473
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
93%
High-School Grad
120.1 sq mi
ZIP Area
178
Density / Sq Mi
$79,212
Median Household Income
$48,213
Median Earnings
$1,097
Median Rent
$262,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Enterprise Rent-A-Car — N6663 N Rolling Meadows Dr Ste C, Fond du Lac, WI 54937
  • Westbrook Rental & Repair — W6714 WI-23 Trunk, Fond du Lac, WI 54937
  • Penske Truck Rental — W6714 State Rd 23, Fond du Lac, WI 54937

Frequently Asked Questions

What type of property is this?
Automotive property - The single-tenant property is structured for an absolute NNN lease at closing.
Where is this automotive property located?
The property is located at 24 South Rolling Meadows Drive Fond du Lac, WI.
What is the asking price?
The asking price for this property is $5,793,103.
What are key features of this property?
This property features: 34,289‑square‑foot Harley‑Davidson dealership built in 2001; Operating as a Harley‑Davidson dealership at this address for roughly 25 years; 20‑year absolute NNN lease at closing, with five renewal options
More about this property
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