671-675 Grupe St - Warehouse FOR SALE


Roberts, WI 54023
$2,100,000 USD
651-230-0762
671-675 Grupe St, Roberts, WI for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/25
null | Request Cap Rate

671-675 Grupe St
Roberts, WI 54023


OVERVIEW

You do not want to miss this exceptional investment opportunity in the Roberts, WI Industrial Park. This fully leased light industrial property features 26,240 SF plus 1,800 SF of mezzanine office space and is occupied by two established tenants with written leases and scheduled annual rental increases. Built in 2006 and situated on an oversized 6.4-acre lot, the building is separately metered, with tenants responsible for their own utilities and snow plow services. Each suite offers approximately 2,100 SF of office space and 11,000 SF of warehouse/manufacturing space. Features include multiple 14' high overhead drive-in doors, 15.5' clear warehouse height, boiler heat in production areas, and forced-air heating with central A/C in office spaces. Recent improvements include a newer parking lot, updated awnings, and replaced furnaces and A/C units. Three-phase power is available nearby. Landlord expenses are limited to property taxes, insurance, lawn care, and miscellaneous maintenance. Offered at a 7.3% CAP rate in the growing St. Croix County market. **Information deemed accurate but not guaranteed**

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

50

LAND DETAILS

LAND ACRES

6.39

LAND SF

278,479

ZONING

Business/Commercial

APN/PARCEL ID

176-1033-80-450

ASK ABOUT THIS PROPERTY

TJ WilsonApplegate,Inc.More Info
651-230-0762

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TJ WilsonApplegate,Inc.More Info
651-230-0762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.