150 Kleve Street
20,965 SF Industrial Building
Marketing description
Building is constructed with block and steel, 14' ceiling height, 3 phase 400 amp service and is heated in the office with a gas boiler and in the warehouse with Modine and Radiant heat.
Investment highlights
We are pleased to present NW Roofing Building, a premier industrial warehouse and distribution facility located at 150 Kleve Street in Chetek, Wisconsin. This exceptional logistics asset offers investors a rare opportunity to acquire a functional, well-maintained property in one of the region's most active industrial corridors.
The property has easy access to Hwy 53 that carries traffic from south of Eau Claire to Superior and beyond. There is plenty of parking and a hidden benefit is the 5+ ac site. The facility could accommodate boat and pontoon storage, mini warehouse development, manufacturing and distribution and so much more.
From an investment standpoint building like the NW Roofing building lease for approximately $6.00 SF/YR . At only$3.00 SF/YR the gross rent would be $62,895 per year or $5,241.25 per month. If you financed 75% of the purchase price your monthly P&I would be $2,713,57. In most cases tenants pay all utilities, maintenance, taxes and insurance.
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