531 N 8th St - Distribution FOR SALE


Medford, WI 54451
$3,790,000 USD
952-221-8067
531 N 8th St, Medford, WI for Sale
$3,790,000 USD
Distribution - FOR SALE
1/15
null | 8.3% Cap Rate

531 N 8th St
Medford, WI 54451


HIGHLIGHTS

  • STNL Industrial Investment Sale Opportunity
  • 72,747 SF | 4.8 Acres | 8 Docks
  • Majority of roof replaced in last 2 years
  • Clear Heights: East building: 20-3” peak; Middle building: 20-3” peak; West building: 25’ peak

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,790,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

4.8

LAND SF

209,088

ZONING

L1 (Light Industrial)

APN/PARCEL ID

251-01828-0009

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 Policy.