Stable Investment Property
Retail | 5.50% CAP | 5,513 SqFt
Marketing description
This single-tenant NNN investment offers a stable, long-term national tenant, Safelite Auto Glass, who has occupied the building since 2004. The lease runs through April 2029 and provides reliable cash flow with 3% annual rent increases. The lease has a corporate guarantee. Rents remain below market, providing a compelling value-add opportunity upon renewal or re-tenanting. A new roof installed in November 2023 with a 20-year guarantee further reduces near-term capital expenditure risk.
Situated at a high-visibility corner location on Wisconsin Avenue, this property benefits from strong traffic counts, established surrounding retail, and central Appleton positioning. This is a low-maintenance, income-producing asset ideal for 1031 buyers or investors seeking predictable returns with minimal landlord responsibilities.
All showings coordinated with tenant; advance notice needed.
Investment highlights
· Long-term tenant (20+ years) — Safelite Auto Glass
· Corporate Guarantee
· NNN lease through April 2029
· Pylon Sign
· 3% annual rent increases
· Below market rental rates = value-add opportunity
· New roof installed Nov. 2023 with 20-year guarantee
· Excellent corner location with strong visibility and access
· Stable, predictable cash flow
· Ideal 1031 exchange replacement property
· High-traffic commercial corridor surrounded by national retailers
· No renewal options — flexibility for investor at lease end
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