Class A Office Building
425 Better Way, Appleton, WI
Call to check price and availability
Premier office building in prime Fox Valley location for sale.
Type:OFFICE
Property size:
59,010 SFLot size:
19.97 AcresPrice / SF:
$271/SF- Added:
- Oct 21, 2025
- Days on Market:
- 215
- Last Refresh:
- Apr 5 at 8:06 pm
Property Features for 425 Better Way
General Information
- Standard status
- Active
- Size
- 59,010 SF
- Lot size
- 19.97 Acres
- Property subtype
- OFFICE
Listing agent Amy Oelhafen (920) 560-5009
Listing office NAI Pfefferle (920) 560-5009
Listing date Oct 21, 2025
Source Moodyscre
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 NAI Pfefferle
HighLights
- Prime Fox Valley location, one block from E. College Avenue, with excellent visibility and access to shopping, dining, and entertainment.
- Equipped for a large corporate headquarters with 16 conference rooms, a large board room, 42 private offices, and 321 workstations.
- Direct access to the Heart of the Valley YMCA via an underground tunnel.
- Three floors, each with approximately 19,670 square feet, designed for flexible and functional office use.
- Two live green roofs offering sustainability and aesthetic value.
- Moveable walls and raised flooring provide maximum layout flexibility and easy technology reconfiguration.
Overview
This Class A office building presents an opportunity for a corporate headquarters, offering high-quality space in the Fox Valley. Located one block from E. College Avenue, the property features visibility and access to shopping, dining, and entertainment. Each of the three floors provides approximately 19,670 square feet, suitable for professional office uses with flexibility. The building includes 16 conference rooms, one large board room, 42 private offices, and 321 workstations. The building's design, natural light, and signage opportunities enhance its appeal. Key features include reclaimed lumber finishes, raised flooring for reconfiguration and technology access, two live green roofs, a large on-site pond, and moveable walls for layout flexibility. Direct access to the Heart of the Valley YMCA is available via a tunnel underneath HWY CE. The property totals 59,010 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$9.76M
NOI $878,635 @ 9.00% cap · cautious / downside scenario
Moderate
$12.55M
NOI $878,635 @ 7.00% cap · market / base-case scenario
Aggressive
$17.57M
NOI $878,635 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.33M | $22.56 |
| − Vacancy | −$159.8k | −$2.71 |
| EGI | $1.17M | $19.85 |
| − OpEx | −$292.9k | −$4.96 |
| NOI | $878.6k | $14.89 |
59,010 SF · lease $22.56/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$12.55M
$10.98M – $14.64M
NOI $878,635 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.27M
$14.24M – $18.98M
NOI $1,138,895 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
U.S. AutoForce
(Bike/Boat/Book/etc) Store
US Oil
Gas Station
U.S. Energy
Fuel Supplier
Tire One
(Bike/Boat/Book/etc) Store
Jenkel Oil Co ...
Factory
Location Insight
- Map
- Local Demand
- City
- Appleton
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.3351
- Latitude
- 44.256
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Premier office building in prime Fox Valley location for sale.
Where is this office building located?
The property is located at 425 Better Way Appleton, WI.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: Prime Fox Valley location, one block from E. College Avenue, with excellent visibility and access to shopping, dining, and entertainment.; Equipped for a large corporate headquarters with **16 conference rooms, a large board room, 42 private offices, and 321 workstations.**; Direct access to the Heart of the Valley YMCA via an underground tunnel.
