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$440,000

432 Prospect Avenue, North Fond du Lac, WI, 54937

5,670 Sq. Ft.

MLS# RAN50319559

Estimated monthly payment:

Built in 1996

$77.60/sqft

Taxes: $8,332

Attention Commercial Investors! A well known Salon & Spa tenant that's already had 10 Successful Years has just agreed to a 5 Year Lease Extension that will result in an 8.12 Cap Rate starting November 1st! The property is in Great Condition and is located on Prospect Ave which is a Main Thoroughfare in North Fond du Lac. The Landlord has minimal responsibilities making this a very passive investment. The tenant pays all utilities and maintains all interior contents/fixtures. This property consists of 5 adjacent parcels totaling almost an Acre and has plenty of paved parking. The corner parcel is buildable as a future development as well which adds plenty of value to this investment. Call now for more information and lock in the Cash Flow!

Price per sq ft$77.60
Area, sq ft5,670 sq ft
Lot Size, acres0.94
Year built1996
For Sale or RentFor Sale
Parcel NumberV05-16-17-99-FO-727-00
HeatingForced Air, Varies by Unit
Water SourcePublic
SewerPublic Sewer
Tax Amount$8,332

Other Information

Inclusions:
None.

Exclusions:
Seller's & Tenant's Personal Property, Any Salon Fixtures, Etc. that belong to the Tenant

Spec Sheet

Contact Agency

Adashun Jones, Inc.

920-923-4433

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Listing Provided by: Zellner Real Estate | jason@zellner.realestate