100 Wisconsin River Dr - Distribution FOR SALE


Port Edwards, WI 54469
$8,205,355 USD
952-221-8067
100 Wisconsin River Dr, Port Edwards, WI for Sale
$8,205,355 USD
Distribution - FOR SALE
1/11
null | 7.75% Cap Rate

100 Wisconsin River Dr
Port Edwards, WI 54469


HIGHLIGHTS

  • Fully Leased to Milk Specialties Global (MSG)
  • Asking Price: $8,205,355 – 7.75 CAP ($27.43/SF, below vacant owner/user pricing)
  • Below market lease rate of $2.74/SF MG with 2% annual escalations
  • 100% food grade
  • 2 dedicated rail spurs w/ indoor/outdoor loading

OVERVIEW

Colliers is pleased to offer for sale this single-tenant 100% leased industrial investment property located in Port Edwards, WI. This 290,000 square foot food-grade distribution facility is fully leased by Milk Specialties Global, a growing human and animal nutrition company headquartered in Eden Prairie, MN. This well maintained facility was constructed in 1994, and sits on 14.5 acres with direct rail service. The building has many salient features, including 23’ clear heights, 28 loading docks with levelers, high efficiency T-8 motion lighting, and numerous food grade certifications.

FOR SALE DETAILS

PRICE

$8,205,355 USD

PRICE/SF

$27 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Industrial Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

Gas, Water - City

CLEAR CEILING HT

25 Ft

DOCKS

28

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.17

LAND SF

878,605

ZONING

Industrial-Heavy

APN/PARCEL ID

2700081B

ASK ABOUT THIS PROPERTY

Andrew LubinskiCBRE, Inc.More Info
952-221-8067

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Andrew LubinskiCBRE, Inc.More Info
952-221-8067

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