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1977 American Dr Neenah, WI 54956

Sponsored
For Sale
$795,000

9,690 SF, 8% Cap Rate, 100% Occupied

Property size:
9,690 SF

Description

Added:
Dec 11, 2024
Days on Market:
410
This exceptional two-story, 9,690 square foot executive office building, located at 1977 American Drive in Neenah, Wisconsin, presents a compelling investment opportunity. The property boasts a highly desirable B-3 General Business District zoning, situated on a spacious 1.76-acre lot (APN 121024903). Currently operating at 100% occupancy with professional tenants, this Class B building offers a strong 8.00% capitalization rate, making it an attractive prospect for passive income generation. Approximately 1,700 square feet is owner-occupied, with the balance leased. The seller is open to relocating to accommodate a buyer seeking owner-occupancy. The building's strategic location provides excellent visibility from Interstate 41, with convenient access to Highway 10 and Interstate 41, ensuring high traffic and visibility. The asking price is $795,000, translating to $82.04 per square foot. This turnkey investment offers a rare combination of strong cash flow, prime location, and potential for future growth. The property consists of one building and is currently fully leased. Serious inquiries only.

Property Features for 1977 American Dr

General Information

Property type
Office Properties & Spaces
Square Feet
9,690 SF
Class
B
Lot Size
76,666 SF

Building Details

Buildings
1
Stories
2

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Listing Contact
Kim Johnson
Kim Johnson

Learn more

Property Insight Report

HighLights

  • High‑visibility location on I‑41 with convenient access to Hwy 10.
  • 1,700 SF owner‑occupied space, remainder leased.
  • Owner willing to relocate for owner‑user.
  • 8% cap rate, self‑managed, fully leased.
  • Strong tenant roster.
Property Profile Location Intelligence

Current Use by Public Records

Heling & Associates CPA's ... Accounting Firm Alliance Insurance Centers Insurance Agency Zarter Matthew Financial Planner Platinum Wealth Management Financial Planner

Suggested Use

Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Neenah
County
Winnebago
State
Wisconsin
Longitude
-88.4687235
Latitude
44.2277026

FAQs

What type of property is this?
Office Property / Space - 9,690 SF, 8% Cap Rate, 100% Occupied
Where is this office property / space located?
The property is located at 1977 American Dr Neenah, WI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: High-visibility location on I-41 with convenient access to Hwy 10.; 1,700 SF owner-occupied space, remainder leased.; Owner willing to relocate for owner-user.
More about this property
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