606 Parkway BlvdTwo Rivers, WI 54241

For Lease
$3.50/SF/YR

Wisconsin Manufacturing & Distribution Center

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional multi-tenant industrial property, located at 606 Parkway Blvd in Two Rivers, WI 54241, offers a significant investment opportunity. The 318,783 square foot facility sits on a substantial 27-acre lot, providing ample space for manufacturing, distribution, and warehousing operations. Currently, 40% of the building is occupied under a lease expiring June 30, 2027, with rent roll available upon request. The property features five loading docks and offers three available spaces ranging from 28,000 to 91,228 square feet. Built in 1957, the property presents a chance to capitalize on significant value-add potential. Sections B, C, and D require an estimated $2,500,000 in renovations to reach leasable condition, adding an additional 192,783 square feet of leasable space. The property's expansive outdoor area provides extensive storage and parking. This prime location in Two Rivers, Wisconsin offers excellent access to transportation networks and a strong workforce. This is an ideal opportunity for investors seeking a substantial industrial property with significant upside potential through lease-up and renovation. The property's size, location, and potential for expansion make it a compelling investment in the thriving Wisconsin market.

Highlights

  • 293,228 SF total building area.
  • 85% warehouse, 15% office space.
  • 126,000 SF of functional space currently leased.
  • 13'7" to 22' clear height.
  • 45' x 40' column spacing.
  • 5 dock-high doors, 3 drive-in doors, and 4 truck wells.

Property Details for 606 Parkway Blvd

Property type
Other warehouses, Other industrial properties
RSF (Rentable sq. ft)
318,783 SF
Year Built
1957

Unit(s) available at that property

Space
Section B
Size
91,228 SF
Rate per SF
$3.50
Space
Section C
Size
73,555 SF
Rate per SF
$3.50
Space
Section D
Size
28,000 SF
Rate per SF
$3.50

Location Insight

City
Two Rivers
County
Manitowoc
State
Wisconsin
Latitude
44.138831
Longitude
-87.58766
606 Parkway Blvd, Two Rivers, Wisconsin

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606 Parkway Blvd
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