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4938-4950 W Integrity Way
Appleton, WI 54913
Retail Property For Sale
Investment Highlights
- National Credit Tenancy | TJ Maxx / HomeGoods & La-Z-Boy
- Top-Performing TJ Maxx / HomeGoods Location
- Stabilized Large-Format Retail Asset
Executive Summary
Mid-America Real Estate – Wisconsin, LLC has been exclusively retained by ownership to offer the fee simple condominium interest in TJ Maxx / La-Z-Boy Center, a two-tenant national retail asset located along Integrity Way in Appleton, Wisconsin. The offering consists of two of the three units within the condominium association, leased to TJ Maxx / HomeGoods and La-Z-Boy Furniture Galleries. The third unit on the property is occupied by Altitude Trampoline Park and Luv 2 Play and is not included in this offering. The asset provides investors with durable income from two nationally recognized retail brands within one of the Fox Valley's primary regional retail corridors.
The offering provides investors with a rare opportunity to acquire a stabilized, large-format retail investment supported by established tenant operating histories, scheduled rent growth, corporate-level tenancy, and a highly functional retail location serving Appleton, Grand Chute, and the broader Fox Valley trade area.
The offering provides investors with a rare opportunity to acquire a stabilized, large-format retail investment supported by established tenant operating histories, scheduled rent growth, corporate-level tenancy, and a highly functional retail location serving Appleton, Grand Chute, and the broader Fox Valley trade area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
73,000 SF
Building Class
C
Year Built/Renovated
1988/2007
Price
$15,842,161 CAD
Price Per SF
$217.02 CAD
Cap Rate
6.88%
NOI
$1,089,223 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.17
Lot Size
9.63 AC
Zoning
CR - Commercial
Parking
657 Spaces (9 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 10-3-1242-03 | Improvements Assessment | $4,874,533 CAD |
| Land Assessment | $1,200,506 CAD | Total Assessment | $6,075,038 CAD |
Property Taxes
Parcel Number
10-3-1242-03
Land Assessment
$1,200,506 CAD
Improvements Assessment
$4,874,533 CAD
Total Assessment
$6,075,038 CAD
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