325 Bluemound Dr, Appleton, WI 54914-5745
- Medical Office Space
- 14,628 SF
- 3.29 lot acres
Current Use by Public Records
- Fresenius Kidney Care Appleton / Medical Clinic
Property Details for 325 Bluemound Dr
- Year built
- 2022
- Lot size
- 3.29 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 10-2-5302-00
- APU
- 102530200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 15, 2020 | $775,000 | Appleton North Re LLC | Jacques Holdings LLC | Warranty Deed | — |
| Oct 23, 2017 | — | Jacques Holdings LLC | — | Deed · related | $229k · West Pointe Bk |
| Sep 11, 2017 | $530,000 | Olhllc | River Valley One LLC | Quit Claim Deed · related | — |
| Sep 11, 2017 | $265,000 | Jacques Holdings LLC | Olh LLC | Warranty Deed · related | — |
| Jun 20, 2016 | — | River Valley One LLC | — | Deed · related | $247k · West Pointe Bk |
| May 28, 2013 | $900,000 | Gfs Marketplace Realty Five Ll | River Valley One LLC | Warranty Deed | — |
| Feb 22, 2013 | $1,117,200 | River Valley One LLC | 3300 W College Dev LLC | Warranty Deed | — |
| — | — | River Valley One LLC | — | Deed Of Trust · related | $247k · West Pointe Bk |
| — | — | Jacques Holdings LLC | — | Deed Of Trust · related | $229k · West Pointe Bk |
Description
This exceptional investment opportunity presents a fee-simple interest in a 14,642 square foot medical office building in Appleton, Wisconsin. The property is 100% occupied by Fresenius Kidney Care under a triple-net (NNN) lease with a corporate guarantee, providing significant security and limited landlord responsibilities. The lease boasts 13 years remaining, with three 5-year renewal options, ensuring long-term income stability. Annual rent increases are built into the lease, mitigating inflation risks. Located at 325 N Bluemound Dr, this single-tenant building sits on a 3.29-acre lot and includes 96 parking spaces. The property benefits from its prime location near a major intersection with high traffic volume, providing excellent visibility and accessibility. Its proximity to other retail centers, including Grand Plaza, and a strong residential base further enhances its value. Built in 2021, the building is zoned for regional commercial use. The property's strong financial performance is reflected in its 5.50% cap rate and a net operating income (NOI) of $306,311. The asking price is $5,569,000, translating to $380.34 per square foot. This is a rare opportunity to acquire a high-quality, passively managed investment with a strong tenant and significant long-term growth potential. The property's location within a thriving commercial area, coupled with the strength of the tenant and the lease terms, makes this an attractive investment for discerning buyers.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,180,000
- ML approach
- $1,355,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,415,000
- OFFICE BUILDING
- $1,370,000
- RETAIL STORES
- $1,300,000
- COMMERCIAL (GENERAL)
- $1,255,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Appleton
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.4571
- Latitude
- 44.2639
- CBSA code
- 11540
- CBSA name
- APPLETON, WI METROPOLITAN STATISTICAL AREA
