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1977 American Dr 10,020 SF 100% Leased Office Building Neenah, WI 54956 $1,041,900 CAD ($103.98 CAD/SF) 9.75% Cap Rate



Investment Highlights
- Visible from Interstate 41 with easy access to Highway 10 and Interstate 41
- Owner would move for buyer wanting to occupy
- +/- 1,700 SF owner occupied, balance leased
- 9.75% Cap as self-managed, 100% leased
Executive Summary
Visible from Interstate 41 with easy access to Highway 10 and Interstate 41. 9.75% Cap as self-managed, 100% leased outside of space that owner currently occupies!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,020 SF
Building Class
B
Year Built
1977
Price
$1,041,900 CAD
Price Per SF
$103.98 CAD
Cap Rate
9.75%
NOI
$101,585 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,010 SF
Slab To Slab
9’
Building FAR
0.13
Lot Size
1.76 AC
Zoning
B-3 - General Business dist.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 008-024903 | Improvements Assessment | $713,141 CAD |
| Land Assessment | $103,897 CAD | Total Assessment | $817,037 CAD |
Property Taxes
Parcel Number
008-024903
Land Assessment
$103,897 CAD
Improvements Assessment
$713,141 CAD
Total Assessment
$817,037 CAD
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1977 American Dr
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