Mixed-Use Portfolio with High
For Sale
Contact for pricing
300 South Koeller Street, Oshkosh, WI 54902
Portfolio totals 110,355 SF on 15.5 acres and is 100% occupied by 27 commercial tenants with prominent Interstate 41 exposure.
Property Size110,355 SF
Price / SF$90.62
Days on Market63
Property Features for 300 South Koeller Street
General Information
Standard status
Active
Size
110,355 SF
Class
B
Property subtype
Mixed Use
Occupancy
100%
Net Operating Income
$1,100,000
Building Details
Buildings
4
Stories
1
Tenancy
Multi
Listing Agency:
G. Earl Real Estate
Listed By:
GARY EAKE · License #WI
(920) 426-0417
Source:
Crexi
Added: Jul 26
Changed: Sep 24
Last Checked: Sep 24 at 7:09AM
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 G. Earl Real Estate
Investment Insights
Based on property information with market context.
This landmark mixed-use commercial portfolio offers 110,355 square feet under roof on 15.5 acres with strong visibility along major roads and Interstate 41. The portfolio includes 4 main buildings plus 3 future development parcels, providing both current operating space and room for additional growth. Current occupancy is 100%, with 27 established commercial tenants.
The property’s location along major roadways and Interstate 41 supports convenient drive-time access for retail and service users, with visibility that can help front-of-house exposure. The portfolio is structured as a multi-building asset rather than a single facility, which can simplify ongoing management across several tenant spaces.
For buyers seeking a stabilized, multi-tenant mixed-use portfolio, this offering combines fully leased income-producing buildings with additional development parcels on 15.5 acres and a consolidated footprint totaling 110,355 square feet under roof.
The property’s location along major roadways and Interstate 41 supports convenient drive-time access for retail and service users, with visibility that can help front-of-house exposure. The portfolio is structured as a multi-building asset rather than a single facility, which can simplify ongoing management across several tenant spaces.
For buyers seeking a stabilized, multi-tenant mixed-use portfolio, this offering combines fully leased income-producing buildings with additional development parcels on 15.5 acres and a consolidated footprint totaling 110,355 square feet under roof.
Key Highlights
- 110,355 SF under roof across 15.5 acres
- 100% occupied with 27 established commercial tenants
- 4 main buildings plus 3 future development parcels
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$804,488
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,089,760
$16.1M
Cap Rate 7%
$11,492,686
$11.5M
Cap Rate 9%
$8,938,756
$8.9M
Market Conditions
NOI Build-Up for 110,355 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.43M $12.96/SF
− Vacancy
−$143.0K −$1.30/SF
EGI
$1.29M $11.66/SF
− OpEx
−$482.7K −$4.37/SF
NOI
$804.5K $7.29/SF
Area
Winnebago County, WI
Vacancy
10.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,089,760
Cap Rate 7%
$11,492,686
Cap Rate 9%
$8,938,756
Alternative Uses
Best Use
Mixed Use
$11.49M
$10.06M – $13.41M
NOI $804,488 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.82M
$20.84M – $27.79M
NOI $1,667,296 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
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Business Placement
Demographics for 54902, WI
22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Portfolio totals 110,355 SF on 15.5 acres and is 100% occupied by 27 commercial tenants with prominent Interstate 41 exposure.
Where is this mixed-use property located?
The property is located at 300 South Koeller Street Oshkosh, WI.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 110,355 SF under roof across 15.5 acres; 100% occupied with 27 established commercial tenants; 4 main buildings plus 3 future development parcels
