N59W13449 Manhardt Dr - Light Distribution FOR SALE


Menomonee Falls, WI 53051
$4,682,926 USD
847-562-9280
N59W13449 Manhardt Dr, Menomonee Falls, WI for Sale
$4,682,926 USD
Light Distribution - FOR SALE
1/5
null | 6.15% Cap Rate

N59W13449 Manhardt Dr
Menomonee Falls, WI 53051


HIGHLIGHTS

  • Positioned within the Milwaukee MSA – Ranked #40 in the United States for population size
  • New 7-year lease
  • Significant 3% annual rental escalations
  • 5+ acre site | paved and fenced storage area| masonry construction | 5 drive-in doors
  • Affluent community - $167,000+ average household income within one mile
  • Over 178,000 people live within a five-mile radius

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased EquipmentShare property located in Menomonee Falls, Wisconsin within the Milwaukee MSA. EquipmentShare recently signed a 7-year lease through September 2032. The lease features 3% annual rental escalations and one 7-year renewal option. The site is comprised of two buildings totaling 13,455 square feet constructed on 5 acres. This is an ideal investment for a covered land play or outdoor storage investors. The 5-acre IOS property is strategically located just one mile east of Interstate 41, which sees a daily traffic volume of 139,000 vehicles. Within a 5-mile radius, the property is surrounded by a population of over 178,000. The immediate 1-mile radius features an affluent community with an average household income exceeding $167,000. Neighboring industrial tenants include Cargill Cocoa & Chocolate, MillerCoors, GXO, JAX INC, ANIXTER, and others. The property is situated in Menomonee Falls, Wisconsin, home to nationally recognized brands like Kohl’s, Harley-Davidson, and Milwaukee Tool. The property is approximately 20 minutes northwest of downtown Milwaukee. EquipmentShare is an American construction equipment rental, sales, and technology company founded in 2015 by brothers Jabbok and Willy Schlacks in Columbia, Missouri. As of 2025, EquipmentShare operates 326 locations across 44 U.S. states, having expanded rapidly with 60 new sites in 2024 and employing over 6,900 people. The company offers equipment rental, retail, and service solutions, supported by its proprietary T3 cloud-connected platform that manages over 273,000 assets and processes more than 8 billion data points monthly for enhanced visibility and efficiency. Recent developments include a $100 million Technology and Development Center opened in Columbia to create 500 jobs, a $3 billion credit facility secured in 2023, and considerations for an initial public offering as early as 2025.

FOR SALE DETAILS

PRICE

$4,682,926 USD

PRICE/SF

$348 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

EquipmentShare

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

17.333333333333332 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

201

LAND DETAILS

LAND ACRES

5.59

LAND SF

243,500

ZONING

I-1

APN/PARCEL ID

MNFV-0099-999-011

ASK ABOUT THIS PROPERTY

John FeeneyThe Boulder GroupMore Info
847-562-9280

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John FeeneyThe Boulder GroupMore Info
847-562-9280

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