617 8th Ave - Industrial FOR SALE


Clayton, WI 54004
$4,100,000 USD
952-221-8067
617 8th Ave, Clayton, WI for Sale
$4,100,000 USD
Industrial - FOR SALE
1/13
null | 8.98% Cap Rate

617 8th Ave
Clayton, WI 54004


HIGHLIGHTS

  • Fully executed NNN lease to Ardisam, Inc
  • Situated on 21.10 acres, the property has ample yard/ parking capacity
  • Exceptional 42’+ clear heights
  • New roof finished in 2024
  • Six Newly installed Dock Doors
  • Great infrastructure: 21-inch reinforced concrete floors, heavy power, newly installed spray foam insulation, and large fans for air movement

OVERVIEW

Colliers is pleased to present an opportunity to acquire a high-performance, single-tenant industrial investment backed by one of the regions storied companies—Ardisam, Inc. Headquartered in Cumberland, Wisconsin and operating for more than 60 years, Ardisam is a nationally recognized leader in outdoor power equipment, hunting gear, ice augers, and seasonal consumer products sold across major retailers throughout North America. Ardisam will occupy the 92,000 SF industrial facility at 617 8th Avenue in Clayton, WI under a brand-new five-year NNN lease, providing investors with a 8.95% capitalization rate. With deep roots in Northwest Wisconsin, strong multi-division product lines, and a long history of operational growth, Ardisam represents a high-quality tenant with a diversified revenue base and significant continued growth across its brands.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

8.98%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

UTILITIES

-

CLEAR CEILING HT

42 Ft

DOCKS

6

DRIVE INS

4

PARKING SPACES

24

LAND DETAILS

LAND ACRES

21.1

LAND SF

919,116

ZONING

I

APN/PARCEL ID

004-3000-08-010

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.