Flex Space with Office
For Sale
Contact for pricing
4030 Champeau Rd, New Franken, WI 54229
Commercial facility combines finished administrative areas with adaptable flex and shop space for varied business operations.
Property Size9,000 SF
Lot Size1.50 Acres
Price / SF$115.19
Days on Market236
Property Features for 4030 Champeau Rd
General Information
Standard status
Active
Size
9,000 SF
Lot size
1.50 Acres
Property subtype
INDUSTRIAL
Amenities
conference room
kitchenette
Building Details
Buildings
1
Building Size
9,000 SF
Listing Agency:
Seidl & Associates
(920) 328-7885
Listed By:
Joe Moore · License #94-84089
(920) 328-7885
Source:
Moodyscre
Added: Jan 6
Changed: Aug 30
Last Checked: Aug 30 at 6:12AM
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 Seidl & Associates
Investment Insights
Based on property information with market context.
This flex property combines a finished office component with additional space for storage, administrative expansion, or light operational use. The office layout includes four private offices, a reception area, kitchenette, bathrooms, and a dedicated conference room. An additional 1,800 square feet of flex area is positioned above the office portion.
Two shop areas provide the industrial component, with 18-foot walls, in-floor heat, insulation, ceiling fans, and ventilation. The property occupies 1.5 acres in the Town of Scott and offers a combined office, flex, and warehouse configuration for an owner-user or business requiring multiple functional areas.
Two shop areas provide the industrial component, with 18-foot walls, in-floor heat, insulation, ceiling fans, and ventilation. The property occupies 1.5 acres in the Town of Scott and offers a combined office, flex, and warehouse configuration for an owner-user or business requiring multiple functional areas.
Key Highlights
- 1.5‑acre flex property in the Town of Scott
- Four private offices, reception area, kitchenette, bathrooms, and conference room
- Additional 1,800 square feet of flex space above the office area
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
$79,174
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
7.54%
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%
$1,583,480
$1.6M
Cap Rate 7%
$1,131,057
$1.1M
Cap Rate 9%
$879,711
$879.7K
Market Conditions
NOI Build-Up for 9,115 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
$131.3K $14.40/SF
− Vacancy
−$9.5K −$1.04/SF
EGI
$121.8K $13.36/SF
− OpEx
−$42.6K −$4.68/SF
NOI
$79.2K $8.69/SF
Area
Brown County, WI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
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%
$1,583,480
Cap Rate 7%
$1,131,057
Cap Rate 9%
$879,711
Alternative Uses
Best Use
Warehouse
$7.62M
$6.67M – $8.89M
NOI $533,536 @ 7.0% cap · market cap 50.81%
Second Best
Industrial
$6.28M
$5.49M – $7.32M
NOI $439,382 @ 7.0% cap · market cap 41.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54229, WI
4,405
Population
1,976
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
98%
High-School Grad
38.6 sq mi
ZIP Area
114
Density / Sq Mi
$93,456
Median Household Income
$57,765
Median Earnings
$1,110
Median Rent
$278,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial facility combines finished administrative areas with adaptable flex and shop space for varied business operations.
Where is this flex space located?
The property is located at 4030 Champeau Rd New Franken, WI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1.5‑acre flex property in the Town of Scott; Four private offices, reception area, kitchenette, bathrooms, and conference room; Additional 1,800 square feet of flex space above the office area
