Goodwill Donation Center

2512 Crooks Avenue - Kaukauna (Appleton) WI 54130

LTV (Loan to Value)	65.00%	Current NOI	$0.00
Interest Rate	4.250%	Capital Rate	9.000%
Fixed Term	10 Years	Land Area	+/- 0.520 Acres
Amortization	25 Years	Lease Type	NN
Loan Amount	$265,200.00	Property Type	Retail
Payment	$1,436.69	Property Lease	Discount Goods
Bulding Size	0 SF	Remaining Terms	5 Yrs. 7 mos.

Location Description

NNN Lenders is pleased to offer the opportunity to purchase a 100% fee simple interest in a free-standing Goodwill Donation Center in Kaukauna, Wisconsin. The property is a former auto repair facility that was converted to a donation center in 2012. It is located as an outlot to the area's primary grocery store and amongst a high traffic retail area just outside of Appleton. The Donation Center provides a convenient location for residents to donate their clothing and houseware items quickly and efficiently, which is an imperative part of Goodwill's business model. Nearby tenants include Piggly Wiggly, Ace Hardware, and Papa Murphy's, Quiznos Subs and Cost Cutters. Walgreens is directly next to the subject site, showing the strength of the real estate.

Highlights

Recent Lease Extension – Goodwill recently extended its lease for another 5 years. This demonstrates the desire of the Tenant…

Property Description

Kaukauna, Wisconsin is located in Outagamie County with a population of 15,462 as of the 2010 census. The city is part of the Fox River Valley MSA, comprised of 18 communities throughout northeastern Wisconsin. The area boasts a population of 775,000 with a workforce population of 432,000 residents. The Fox River Valley is one of the safest regions in Wisconsin, with a crime rate less than half that of Wisconsin as a whole. The population is also well-educated, with nearly 30% of the area residents holding a Bachelor's Degree or higher.