325 Bluemound Dr Appleton, WI 54914-5745

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.