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28932224
28932225

617 8th Ave, Clayton, WI 54004

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
Colliers - Minneapolis - St. Paul, Minnesota
Listed by Colliers - Minneapolis - St. Paul, Minnesota
$4,100,000
169 days on market
Updated 71 days ago

8.95% CAP STNL Industrial - Built in 2015

Details
APN 004-3000-08-010
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 92,000
Cap Rate 8.95%
NOI $368,000
Occupancy 100%
Price per SqFt $45
Year Built 2015
Buildings 1
Acreage 21.100
Ceiling Height 42'+
Dock High Doors 6

Single-Tenant Net Leased Industrial Offering

Marketing description

Colliers is pleased to present an opportunity to acquire a high-performance, single-tenant industrial investment backed by one of the regions storied companies—Ardisam, Inc. Headquartered in Cumberland, Wisconsin and operating for more than 60 years, Ardisam is a nationally recognized leader in outdoor power equipment, hunting gear, ice augers, and seasonal consumer products sold across major retailers throughout North America.

Ardisam will occupy the 92,000 SF industrial facility at 617 8th Avenue in Clayton, WI under a brand-new five-year NNN lease, providing investors with a 8.95% capitalization rate. With deep roots in Northwest Wisconsin, strong multi-division product lines, and a long history of operational growth, Ardisam represents a high-quality tenant with a diversified revenue base and significant continued growth across its brands.

Investment highlights

  • Fully executed NNN lease to Ardisam, Inc

  • Situated on 21.10 acres, the property has ample yard/ parking capacity

  • Exceptional 42’+ clear heights

  • New roof finished in 2024

  • Six Newly installed Dock Doors

  • Great infrastructure: 21-inch reinforced concrete floors, heavy power, newly installed spray foam insulation, and large fans for air movement

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
Colliers - Minneapolis - St. Paul, Minnesota
Listed by Colliers - Minneapolis - St. Paul, Minnesota

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$368,000.00
$30,666.67/mo

Valuation Metrics

0
DSCR
8.98%
Cap Rate
8.98%
ROI

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