Jiffy Lube Grand Chute, WI

3901 N Richmond St
Grand Chute, WI

Price: $2,953,000
Cap Rate: 5.55%
NOI: $163,884
Building Size: Approx. 4,174 Sq. Ft.
Lot Size: Approx. 1.34 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2019

Investment Overview

  • 2019 Construction 4,174+/- SF Building on 1.34+/- Acre Site
  • Strategically located just off Interstate 41 (66,185 VPD) and Richmond St. (20,000 VPD), at exit 142 of I-41 (66,185 VPD)
  • New 15-year Corp. Absolute NNN Lease with 10% rent increases every 5-years, starting year 6 in primary term and year 16 in options
  • Located in close proximity to 2 major shopping malls | Fox River Mall 1.21 million SF Shopping Mall (largest in WI) and Northland Mall
  • Immediate trade area features national credit tenants such as Kohl’s, Walgreens, CVS, True Value, Dollar General, and many more
  • 4-miles from downtown Appleton, WI | Average household income within a 3-mile radius $93,249