Office For Sale
70,000 Sq Ft
Five story office building in the heart of downtown Appleton. Vibrant downtown area with planned new construction of a 200,000 SF headquarters for US Ventures, a new main library, several new multifamily projects and a potential new hotel.
Two primary tenants. National tenant – CLA (CliftonLarsonAllen) Accounting and Consulting, a top 10 US accounting firm with 6,100 people and 120 locations across the US occupies 75% of the building. Pfefferle Companies, the largest office property management firm in Wisconsin and largest commercial real estate firm (NAI Pfefferle) north of Milwaukee occupies 20% of the building.
New 8 year leases with renewal options.
Excellent investment opportunity – 8.8 % Cap Rate