119 North McCarthy Road, Appleton, WI 54913

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James L.

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Building Details:

• Year Built: 2001

119 North McCarthy Road is an office property for lease in Appleton, WI.

Attractive Business Park. Excellent Investment Opportunity!

Market Area: Appleton, Wisconsin Fox Cities East Central Wisconsin

Building Details: 16 Office Buildings, Built 1998-2001
All Brick, New Roofs 2012, Lighted Parking Lots, Full Landscaping,
Fiber Optic / T1 available, Well Maintained Class A Properties, Ample Parking

Property Type: Commercial Office

Zoned: CL Local Commercial District

Total Building Size: 192,346 Square Feet

Acreage: 23.02

Total Rentable Square Feet: 188,790

Net Operating Income “NOI”: $1,549,135
NOI (RENTAL INCOME LESS EXPENSES) Expenses = CAM(Gas & Electric, Insurance, Janitorial, Lawn & Snow Care, Real Estate Taxes, Sewer & Water, Waste Management) plus Property Management & Miscellaneous Expenses

Occupancy Rate: 87%

Lease Type: Gross / Full Service

Multi-Tenant and Single Tenant

Real Estate Taxes 2014: $362,630.01

Assessed Value 2014: $19,098,600

Replacement Cost: $24,167,300

CAP RATE: 6.65%

CAP RATE: 8.46% at 100% Occupancy based on market price for vacancy

Connectivity: Fiber Optic / T1 Available

Established Internet Presence with First Page organic results on Google, Yahoo and Bing, Own Domain AppletonOfficeSpace.Com

Local Property Management team able to continue with New Ownership

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