1325 Walnut Ridge Dr - Office FOR SALE


Hartland, WI 53029
$3,978,425 USD
248-702-0288
1325 Walnut Ridge Dr, Hartland, WI for Sale
$3,978,425 USD
Office - FOR SALE
1/5
null | 8% Cap Rate

1325 Walnut Ridge Dr
Hartland, WI 53029


HIGHLIGHTS

  • Tenant Recently Executed 5-Year Extension that Begins 02/01/2025
  • Strong 2% Annual Rent Increase Offers a Hedge Against Inflation and Automatic Increase in NOI
  • Lease Supports Two, 5-Year Options at Market Rent
  • Landlord Invested Over $120K into Replacing and Upgrading the HVAC Controls, Systems and Equipment in 2024
  • Situated Within Waukesha County’s Bark River Business Park | The Waukesha County Business Community is Comprised of Flex/Office Space
  • Positioned Along the I-94 Corridor, Just Minutes from the I-94 & Highway 83 Interchange to the South, and Highway 16 to the North

OVERVIEW

Tenant Recently Executed 5-Year Extension that Begins 02/01/2025 Strong 2% Annual Rent Increase Offers a Hedge Against Inflation and Automatic Increase in NOI Lease Supports Two, 5-Year Options at Market Rent Landlord Invested Over $120K into Replacing and Upgrading the HVAC Controls, Systems and Equipment in 2024 Landlord Invested $160K into Replacing the 84,500 SF Parking Lot Which was Installed in Fall 2024 30,250+ SF Building Situated on 4.98 Acres Situated Within Waukesha County’s Bark River Business Park | The Waukesha County Business Community is Comprised of Flex/Office Space and is Lake Country's Premier Business Park Positioned Along the I-94 Corridor, Just Minutes from the I-94 & Highway 83 Interchange to the South, and Highway 16 to the North Located 30 Minutes From Downtown Milwaukee and 45 Minutes From General Mitchell International Airport

FOR SALE DETAILS

PRICE

$3,978,425 USD

PRICE/SF

$131 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BATTERIES PLUS CORPORATE HEADQUARTERS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

4.98 AC

LAND SF

216,929 SF

ZONING

B

APN/PARCEL ID

HAV-0758-999-021

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.