This industrial/flex property offers investors a well-maintained ±20,000 SF building situated on 2.13 acres in Mukwonago, WI. Featuring masonry construction with clear heights ranging from 14 to 16 feet and seven 12' x 12' drive-in doors, the building accommodates a variety of light industrial and flex uses. The site provides frontage along Perkins Drive within an established business park setting, delivering excellent regional connectivity via nearby I-43 with convenient access to Milwaukee (31 miles) and Chicago (107 miles). The property is currently arranged with three tenants and produces a pro forma NOI of $165,047.53, reflecting a projected cap rate of 7.02%. Fully climate-controlled with eight rooftop HVAC units, the asset offers both stability and upside through lease-up opportunities and future appreciation. Its combination of functionality, adaptable space layouts, and strong regional logistics appeal make it a compelling industrial investment in a growing submarket.