Sold – Retail Center

Beau Beach, MBA CCIM was a member of the team who represented the seller in this transaction.  The deal traded at a 7.2% cap rate.  Built in 2004, the property sold for $4,825,000 ($172/SF).  28,125 SF on 3.85 acres.  The buyer put 25% down with financing from BLC Community Bank. The property is located at N162 Eisenhower Drive in Appleton, WI.  Tenants include:  Sola Salon Studios, Island Sushi, ProActive Chiropractic, Gunderson Cleaners, Nail Forum & Spa, Freshii, Fuel Sports Nutrition, and Revive Bodyworks.