332 N Metro Dr Appleton, WI 54913

Listing agency NAI Pfefferle Show Phone

Listed by Tom Scheuerman · License #WI 90-11244

Source Crexi

Added: Apr 11 Updated: Jul 22 at 9:33AM Checked: Jul 22 at 9:33AM

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Investment Insights

Based on property information with market context.

This single-tenant day care building is leased to KinderCare under a new 10-year corporate lease. The tenant has occupied the space for 25 years, and the lease terminates June 31, 2030. Recent capital work totals $60,000 over the last two years, including new siding and complete interior painting.

The property is adjacent to Fox River Mall and offers ample parking, noted signage, and vaulted ceilings.

Current underwriting information includes a 7.15% cap rate for years 1–5 and an average 10-year cap rate of 7.5%. The average 10-year NOI is listed at $68,960.

Key Highlights

• Single‑tenant day care building with KinderCare corporate lease through 2030
• Lease terminates June 31, 2030; tenant has occupied the space for 25 years
• Last 2 years: $60,000 in improvements including new siding and complete interior painting

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Similar Off Market Nearby

• Metro Drive KinderCare — 332 N Metro Dr, Appleton, WI 54913
• Wood Violet Montessori — 322 N Metro Dr Suite B, Appleton, WI 54913
• BrightStar Care — 35 Park Pl Suite 100, Appleton, WI 54914

FAQs

What type of property is this?

Day care center - Single-tenant day care building with KinderCare corporate lease through 2030.

Where is this day care center located?

The property is located at 332 N Metro Dr Appleton, WI.

What are key features of this property?

This property features: Single‑tenant day care building with KinderCare corporate lease through 2030; Lease terminates June 31, 2030; tenant has occupied the space for 25 years; Last 2 years: $60,000 in improvements including new siding and complete interior painting