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20015734
20015735

355 Byrd Ave, Neenah, WI 54956

Colliers - Minneapolis - St. Paul, Minnesota
EH
MN, IA, WI
Colliers - Minneapolis - St. Paul, Minnesota
JF
MN, WI, IA & IL, MN
Colliers - Minneapolis - St. Paul, Minnesota
AW
40783440, MN
Colliers - Minneapolis - St. Paul, Minnesota
Listed by Colliers - Minneapolis - St. Paul, Minnesota
Unpriced
633 days on market
Updated 82 days ago

Single-Tenant Net Leased Industrial Offering

Details
APN 02-0577-0000
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 369,545
Year Built 1979
Year Renovated 1994
Acreage 15.600
Ceiling Height 25' - 30'
Loading Docks 16

Single-Tenant Net Leased Industrial Offering

Marketing description

Colliers is pleased to offer for investment sale this 369,545 SF distribution facility at 355 Byrd Ave, Neenah, WI. This high-quality industrial asset spans 15.6 acres and presents a compelling opportunity to acquire a net-lease investment with durable cash flowtoday and embedded upside through below-market rents and future mark-to-market.

The facility is 91.5% leased to Trilliant Food & Beverage, which recently amended its lease and executed a three-year extension through May 31, 2030. Trilliant occupies the entire building except the office portion, creating a value-add opportunity to lease theoffice, recover OPEX, and increase cash flow. We are marketing on a June 2026 base-rent NOI of $1,238,480, adjusted for any lost NOI attributable to the office OPEX vacancy. Trilliant also operates nearby locations, underscoring this asset’s mission-critical role and strong occupancy continuity.

Neenah is located just 39 miles from Green Bay, 100 miles from Milwaukee, and 188 miles from Chicago. The market benefits from proximity to major population centers and labor pools and reflects a current vacancy of approximately 4% with average askingrents of $5.97/SF NNN (per CoStar).

This is a rare opportunity to acquire a stabilized, mission-critical industrial investment with in-place income, annual rent growth, and meaningful long-term upside in a strategic Upper Midwest location. Please contact a member of the team for additional information.

Investment highlights

  • Income Producing leased to single tenant

  • 25’ – 30’ clear heights

  • Majority of roof recently replaced

  • 16 dock doors, 1 grade-level door

  • Canadian Pacific rail spur (currently inactive)

Listing Contacts

Colliers - Minneapolis - St. Paul, Minnesota
EH
MN, IA, WI
Colliers - Minneapolis - St. Paul, Minnesota
JF
MN, WI, IA & IL, MN
Colliers - Minneapolis - St. Paul, Minnesota
AW
40783440, MN
Colliers - Minneapolis - St. Paul, Minnesota
Listed by Colliers - Minneapolis - St. Paul, Minnesota

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