110 Fox Riv Dr Appleton, WI 54913-9108
- Commercial real estate
- 2.40 lot acres
Dec 30, 2024
Current Use by Public Records
- Commercial real estate
Property Details for 110 Fox Riv Dr
- Lot size
- 2.40 lot acres
- Property type
- Commercial real estate
- APN
- 10-1-1215-06
- APU
- 101121506
Description
This exceptional investment opportunity presents a brand-new, 1,418-square-foot Take 5 Oil Change located at 110 N Fox River Dr, Appleton, WI 54913. Situated on a 0.64-acre lot, this property boasts a 20-year triple-net (NNN) lease with a strong corporate guarantee from Drive Funding Holdco, LLC, a company with over 3,500 units. The lease commenced upon closing and features annual rent of $105,000, with built-in 1.50% annual increases to protect against inflation. The property offers a compelling 6.25% cap rate and requires zero landlord responsibilities, making it an ideal, low-maintenance investment. Built in 2023, this single-tenant property enjoys 100% occupancy and provides a secure, long-term income stream. The property's prime location in Appleton, Outagamie County, Wisconsin, further enhances its investment appeal. This is a rare opportunity to acquire a high-performing, passively managed asset with significant long-term growth potential. The asking price is $1,680,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,000,000
- ML approach
- $6,000,000
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Location Insight
- Map
- Local Demand
- City
- Appleton
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.4685
- Latitude
- 44.2627
- CBSA code
- 11540
- CBSA name
- APPLETON, WI METROPOLITAN STATISTICAL AREA