1620 Koeller St Oshkosh, WI 54902-6166
Exceptional investment opportunity featuring a 12,060 square foot Harbor Freight Tools store in Oshkosh, Wisconsin. This single-tenant, net-lease property boasts a strong 6.55% cap rate and a substantial net operating income (NOI) of $91,641. Built in 2000 and renovated in 2011 to Harbor Freight's specifications, the building sits on a 1.54-acre lot with ample parking (35 spaces). The property features a brick facade and is strategically located in a high-traffic retail corridor, surrounded by national retailers such as Best Buy, McDonald's, Culver's, Target, and Five Below. The property benefits from a long-term lease with a credit-rated tenant, Harbor Freight, with a remaining lease term of approximately 1.9 years, followed by four 5-year options, each with a 5% rent increase. The property is zoned commercial and offers a significant return on investment for a discerning buyer. The location within Oshkosh, Wisconsin, provides access to a population exceeding 70,000 within a 5-mile radius. This Class B, single-story building presents a rare opportunity to acquire a stable, income-producing asset with a well-established tenant in a prime retail location. The property's strong financials, coupled with the long-term lease and favorable location, make it an attractive investment for those seeking a secure and profitable addition to their portfolio. The asking price is $1,399,800, translating to a price per square foot of $116.07.
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Harbor Freight Tools Building Supply Hardware & Home Improvement
$2f
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SMU-PD · Oshkosh, WI$2f
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.