2090 Koeller St Oshkosh, WI 54902-9200

Property Details for 2090 Koeller St

Year built

1991

Lot size

0.72 lot acres

Property size

6,191 SF

Zone code

C2

Property type

Commercial real estate

APN

13-23100301

APU

1323100301

Description

This exceptional investment opportunity presents a 6,232 square foot CarX auto shop in Oshkosh, Wisconsin. Located on a 0.72-acre lot at 2090 S Koeller St, this single-story, 1991-built property boasts a 15-year NNN lease with a corporate guarantee from Monro, Inc., a national leader in auto repair with over 1,300 locations. The lease, commencing January 1, 2016, and expiring December 31, 2030, has a remaining term of approximately 6.1 years and includes a 5-year renewal option. The property generates a strong NOI of $90,464, representing a 7.25% cap rate on the asking price of $1,247,800 ($200.22/sq ft). The site benefits from high visibility and convenient access to major roads, including the intersection of W South Park Ave (19,385+ vehicles per day) and Interstate 41 (69,128+ vehicles per day). Its proximity to Wittman Regional Airport, a significant aviation hub, further enhances its strategic location. The surrounding area boasts excellent demographics, with over 70,100 residents within a 5-mile radius and an average household income exceeding $84,880. This property offers a secure, high-performing investment with a well-established tenant and significant upside potential. The lease includes percentage rental increases.

Location Insight

City

Oshkosh

County

Winnebago

State

Wisconsin

Longitude

-88.5784

Latitude

43.9943

CBSA code

36780

CBSA name

OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments