N91W17174 Appleton Ave - Warehouse FOR SALE


Menomonee Falls, WI 53051
$850,000 USD
262-389-4924
N91W17174 Appleton Ave, Menomonee Falls, WI for Sale
$850,000 USD
Warehouse - FOR SALE
1/16
null | 8.79% Cap Rate

N91W17174 Appleton Ave
Menomonee Falls, WI 53051


HIGHLIGHTS

  • Excellent Freeway Access (+/- 1 mile to I-41)
  • Long-term Tenants (all 10+ years)
  • Opportunity for Easement Sale to Village of Menomonee Falls (see rendering in brochure)
  • Large Lot for Parking/Storage

OVERVIEW

Investment Opportunity in Menomonee Falls. Large Flex Building with 2 long-term tenants, about 1 mile from I-41. Anchor tenant (CRM) has over 6 years of term left and 6% annual rent increases for the next few years. There is an opportunity to add value by addressing the current vacancy and/or improving the truck bays.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

8.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

5

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.09

LAND SF

47,480

ZONING

C-1

APN/PARCEL ID

MNFV-0011-994

ASK ABOUT THIS PROPERTY

Will KlumbColdwell Banker Commercial RealtyMore Info
262-389-4924

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Will KlumbColdwell Banker Commercial RealtyMore Info
262-389-4924

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