Listed by Trillium Commercial Realty
$2,200,000
1621 Indianhead Dr E, Menomonie, WI 54751
Details
Property Type Industrial
Sub Type Manufacturing, R&D
Square Footage 24,000
Units 1
Cap Rate 6.55%
NOI $144,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 04/30/2037
Remaining Term 10.9
Rent Bumps Yes
Lease Options 5 Year Lease Options
Price per SqFt $92
Broker Co-Op Yes
Class A
Year Renovated 2020
Buildings 1
Acreage 3.020
Zoning Industrial
Parking Spaces spaces
Investment Type Stabilized
Loading Docks 1
Ownership PSG Properties LLC
Sale Condition 1031 exchange
Industrial, Single Tenant, Newly Executed Lease NNN, 6.55% CAP, 24,000 SF
Marketing description
Trillium Commercial Realty is Pleased to Present Exclusively For Sale a Long Term 1 Tenant Industrial Building with 24,000 SF. Simple to Understand and Easy to Manage, Stable Cash Flowing Asset., The Property Provides an Investor With a Stabilized Income Stream. With the Long Term Lease in Place, it is a Great Investment with Large Rent Bumps starting in a Few Years.
Please contact Jake Tanner today for more information. 715.456.5923
Investment highlights
- Absolute NNN
- Owner only responsible for the Roof (warranty included)
- Long Term Investment
- Perfect 1031 Exchange
Listing Contacts
Listed by Trillium Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo
Valuation Metrics
0
DSCR
6.55%
Cap Rate
6.55%
ROI
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