The subject property is leased by Hellenbrand (Water Filtration Systems Manufacturing & Distribution) and located in the Madison MSA (2nd largest MSA in Wisconsin). It’s strategically placed in a prime industrial location in Waunakee Business Park. The building sits on 2.05 acre lot and has ample parking. The property is ideally located off State Road 19 (15,400 VPD) and has excellent visibility, access, and frontage on Moravian Valley Rd. Hellenbrand is directly adjacent to Uniek Inc. headquarters, a privately owned company with +260 employees. The site is within a 2 mile radius of several multi-phased developments such as Arboretum Village, Heritage Hills, Waunakee Middle School, Kilkenny Farms West and more. The subject property is within 2.5 miles of national retailers such as Walgreens, Dunkin’, The UPS Store, Ace Hardware, Dollar Tree, McDonald’s, and more. Hellenbrand has a NN Lease with Landlord responsible for HVAC and roof. The tenant just executed a 10-year lease extension to 2035 and there is one additional 10-year option to renew. Rent increases 2.5% annually. In May 2021, the Hellenbrand brand was acquired by Franklin Water Treatment which is a subsidiary of the global company Franklin Electric. Franklin Electric is a global leader in distribution and manufacturing of systems for energy and moving water. This multi-million dollar global enterprise has recorded sales of $2B as of 2024 and a net worth of $3.93B. The surrounding area offers affluent demographics with average HHI of +$159,200 and a median home value of $482,000 in 1 mile radius. Watch Property Video: https://vimeo.com/1008395534/e66f5ae406?share=copy