7,211 Square Foot Office Space For Lease @ 119 N Mccarthy Rd - B
119 N McCarthy Rd, Appleton, WI 54913
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James R.
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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
Rate: $9,257 per month
Size: 7,211 square feet (is divisible)
Type: Office Space
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