100 Wisconsin River DrPort Edwards, WI 54469

For Sale
$8,205,355

Wisconsin Distribution Center - High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully leased, 299,150-square-foot food-grade industrial distribution facility situated on a 14-acre lot in Port Edwards, Wisconsin. The property boasts two single-story buildings constructed in 1994, featuring 28 loading docks with levelers, a 25-foot ceiling height, and two dedicated rail spurs with indoor/outdoor loading capabilities. Currently operating at 100% occupancy, the facility is leased to Milk Specialties Global, a prominent human and animal nutrition company. The asking price is $8,205,355, representing a compelling 7.75% capitalization rate and a price per square foot of $27.43. Key features include high-efficiency T-8 motion lighting and numerous food-grade certifications. The property's location in Wood County, Wisconsin, at 100 Wisconsin River Dr, 54469, offers excellent access to transportation networks. This is a rare opportunity to acquire a high-performing, fully leased industrial asset with significant long-term growth potential. The below-market lease rate of $2.74 per square foot, with 2% annual escalations, further enhances the investment's attractiveness.

Highlights

  • Fully leased to Milk Specialties Global.
  • Asking price: $8,205,355, representing a 7.75% capitalization rate and $27.43 per square foot.
  • Below-market lease rate of $2.74 per square foot with 2% annual escalations.
  • 100% food-grade facility.
  • Two dedicated rail spurs with indoor/outdoor loading capabilities.

Property Details for 100 Wisconsin River Dr

Property type
Other industrial properties, Distribution properties
Square Feet
299,150 SF
Year Built
1994
Buildings
2
Stories
1
Lot Size (sq. ft)
609,840 SF

Location Insight

City
Port Edwards
County
Wood
State
Wisconsin
Latitude
44.3387418
Longitude
-89.8622233
100 Wisconsin River Dr, Port Edwards, Wisconsin

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100 Wisconsin River Dr
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