Listed by Marcus & Millichap - Milwaukee
$3,050,000
Eau Claire Flex
Details
APN 221141450E
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 41,040
Net Rentable (SqFt) 41,040
Units 5
Cap Rate 7.19%
NOI $219,148
Occupancy 96.54%
Tenancy Multi
Pro-Forma Cap Rate 7.78%
Pro-Forma NOI $237,265
Price per SqFt $74
Year Built 1999
Stories 1
Lot Size (SqFt) 145,206
Investment Type Net Lease
Ground Lease No
96.5% Occupied | $74/SF
Investment highlights
- Multi-Tenant Flex Building with Five Occupied Units (96.54%) and One 1,342 SF Vacant Unit (3.46%)
- 41,169 +/- SF | Built in 1999 | 3.31 Acres | 19 Feet Clear Height | Four Dock Doors | Two Truck Wells
- All Tenants Have Recently Extended Their Leases
- 89% Occupied by Ambient Inks who Recently Expanded and Have a Triple Net Lease Through July 2030
- Located Just Off Highway 12 Which Connects to Interstate 94
- Submarket Occupancy of 98.9%, Per Costar
- Listed for $3,050,000 at a 7.19% Cap Rate and $74.08/SF
Listing Contacts
Listed by Marcus & Millichap - Milwaukee
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$219,148.00
$18,262.33/mo
Valuation Metrics
0
DSCR
7.19%
Cap Rate
7.19%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
