1400 E High St - Manufacturing FOR SALE


Milton, WI 53563
$2,625,000 USD
608-580-5104
1400 E High St, Milton, WI for Sale
$2,625,000 USD
Manufacturing - FOR SALE
1/11
null | Request Cap Rate

1400 E High St
Milton, WI 53563


HIGHLIGHTS

  • Turnkey industrial facility within the Milton Industrial corridor, offering an attractive, move-in ready option for growing businesses and investors.
  • Equipped with 2,100 SF of dedicated office space, an 18-foot clear height, updated LED lighting, and both dock and drive-in loading capabilities.
  • Within a high-demand submarket that boasts vacancies of just 2.5% and five-year average annual rent growth of 5.6%.
  • Situated just off the WI-26 Highway bypass, with convenient connections to Highway 59, Interstate 90, and Interstate 43.
  • Primed for regional distribution, reaching both smaller markets like Madison and Rockford, as well as major hubs such as Milwaukee and Chicago.

OVERVIEW

Secure a premier, value-add industrial acquisition in Rock County with the turnkey distribution facility at 1400 E High Street in Milton, Wisconsin. Strategically positioned for regional distribution, this rare offer provides the perfect choice for manufacturing, warehousing, and distribution businesses, with significant upside potential for investors. The high-quality 24,280-square-foot industrial building is move-in ready and features a bright, modern 2,100-square-foot office space that allows for a professional front-of-house presence. The warehouse features columnless design and is built for efficiency, boasting three access doors and a clear height of 18' at the peak. Furthermore, the entire facility is upgraded with energy-efficient LED lighting. Situated on a 4.09-acre lot, the property provides ample parking, and the expansive site includes room for future expansion, providing long-term growth potential for the tenant. 1400 E High Street is ideally situated within the robust Milton industrial corridor, offering immediate operational advantages and excellent logistics access. The property offers easy access to the WI-26 Highway bypass, with convenient connections to Highway 59, as well as Interstates 90 and 43. These vital thoroughfares allow businesses to reach Downtown Milwaukee in 63 miles and Milwaukee Mitchell International Airport in 60 miles. This central location allows tenants to serve surrounding smaller markets such as Madison and Rockford, as well as major metropolitan hubs like Milwaukee and Chicago. Benefitting investors, 1400 E High Street enjoys prime placement within the Rock County Industrial Submarket. Currently, vacancies in the region sit at just 2.5%, representing elevated demand for quality industrial space like the subject property. Leveraging this outsized demand, a new owner will be able to quickly tenant the property and capitalize on growing local rents, with five-year annual average rent growth sitting above 5.6%. Once stabilized, investors will be able to quickly offload the property and capture the added value thanks to the submarkets excellent liquidity, offering 12 sales and $58.1 million in sales volume during the past 12 months. Both growing businesses and savvy investors will find the perfect acquisition, offering a turnkey industrial facility with a well-connected location in a tight submarket, at 1400 E High Street. Reach out to the Coldwell Commercial McGuire Mears & Associates team today to schedule a tour and learn more about this incredible offer.

FOR SALE DETAILS

PRICE

$2,625,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

24,280 SF Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

4.09

LAND SF

178,160

ZONING

M-2

APN/PARCEL ID

V23-15104

ASK ABOUT THIS PROPERTY

Adam ShultzColdwell Banker Commercial McGuire MearsMore Info
608-580-5104

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Adam ShultzColdwell Banker Commercial McGuire MearsMore Info
608-580-5104

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