N91W17174 Appleton Ave - Warehouse FOR SALE


Menomonee Falls, WI 53051
$850,000 USD
262-389-4924
N91W17174 Appleton Ave, Menomonee Falls, WI for Sale
$850,000 USD
Warehouse - FOR SALE
1/13
null | 10.89% Cap Rate

N91W17174 Appleton Ave
Menomonee Falls, WI 53051


HIGHLIGHTS

  • Fully leased
  • Frontage on State Hwy
  • Long-term tenants
  • New roof

OVERVIEW

Investment Opportunity in Menomonee Falls. Large Flex Building with 3 long-term tenants, about 1 mile from I-41. Anchor tenant (CRM) has two (2) extension options of fve (5) years each, and 3% annual rent increases. Edward Jones has 2.5% annual increases and a lease that runs through 2027. There is an opportunity to add value by running water to the truck bays and increasing the current rent.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

10.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

5

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.09

LAND SF

47,480

ZONING

C-1

APN/PARCEL ID

MNFV-0011-994

ASK ABOUT THIS PROPERTY

Will KlumbColdwell Banker Commercial RealtyMore Info
262-389-4924

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Will KlumbColdwell Banker Commercial RealtyMore Info
262-389-4924

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