4661 Associated Dr Grand Chute, WI 54913
- Retail properties
- 4.26 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4661 Associated Dr
- Year built
- 1985
- Lot size
- 4.26 lot acres
- Property type
- Retail properties
Description
This exceptional retail property, located at 4661-4675 Associated Drive in Grand Chute, Wisconsin, presents a compelling investment opportunity. The property boasts a substantial 40,996 square feet of net rentable space, situated on a generous 4.26-acre lot. Built in 1985 and renovated in 2008, the building is zoned B-Commercial and offers ample parking with 225 spaces. The property is offered fee simple, encompassing both land and building. Currently generating a strong net operating income (NOI) of $422,320, this investment presents a compelling 7.75% capitalization rate at an asking price of $5,449,290. The property's location provides excellent access via Associated Drive, Casaloma Drive, and West Greenville Drive, ensuring high visibility and convenient access for customers. The lease type is NNN, minimizing landlord responsibilities. This well-maintained retail center represents a stable and profitable investment in a desirable Wisconsin location. The property's size, location, and strong financial performance make it an attractive option for investors seeking a high-yield, low-maintenance retail investment. The 54913 zip code offers a thriving commercial environment. This is a rare opportunity to acquire a well-established retail center with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Chute
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.4754
- Latitude
- 44.2737
