Colliers International is pleased to present the opportunity to acquire a single tenant net leased industrial investment located at 531 N 8th Street in Medford, Wisconsin. This 72,747 square foot facility sits on 4.8 acres and is fully leased to Intek Plastics, a well-established manufacturing tenant with operations tailored to the building. The current lease extends through August 31, 2030, providing over five years of remaining term and stable cash flow. The tenant has one five-year renewal option, further supporting long-term occupancy.
The property generates a Net Operating Income (NOI) of $314,732.64 (effective September 1, 2025) and is being offered at a sale price of $3,790,000 (8.3% cap rate). A key feature of this offering are the generous 4% annual rent escalations, which offer investors strong year-over-year income growth. The lease is structured on a triple-net (NNN) basis, minimizing landlord responsibilities and enhancing the investment’s passive nature.
The building has been well maintained, with most of the roof replaced within the last two years, reducing near-term capital expenditure exposure. Located in Medford, WI, this industrial asset is well-positioned in a growing regional manufacturing market with limited supply of quality industrial product. This investment represents an attractive opportunity to acquire a stabilized, income producing asset with built-in rental growth and a committed tenant.