This Industrial Property is Off-Market.

7225 West Marcia Road
Milwaukee, WI 53223 ·

208,150 SF · Industrial For Sale

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7225 West Marcia Road

Price N/A No. Stories 1
Building Size 208,150 SF Tenancy Single
Property Type Industrial Year Built 1995
Property Sub-type Distribution Warehouse No. Dock-High Doors/Loading 32
Property Use Type Investment Lot Size 20.90 AC
Cap Rate 0.01% Features
  • Fenced Yard
  • Trailer Parking
  • Sprinklers
Occupancy 100%
Listing ID: 13821297 Date Created: 12/09/2003 Last Updated: 08/04/2004

Description

This property is 100% leased to Hagemeyer Foods (N.A.), Inc. and is part of a three-building single tenant net leased portfolio, along with 3225 and 3245 Meridian Parkway in Weston, Florida, leased to Hagemeyer Foods (N.A.), Inc. and Circuit City Stores, Inc., respectively. The owner has not established a specific asking price, but is a sophisticated, market sensitive seller. Prospective purchasers are encouraged to bid on all three properties, or individual properties within the offering.

PLEASE NOTE: The cap rate outlined above is not reflective of the estimated sale price.

The property is located in the Northwest Business Park, 3.5 miles east of US Highways 41/45. The location is within Milwaukee's largest industrial submarket with a total of over 30.5 million square feet. West Marcia Road is a secondary arterial that connects North Granville Woods Road to the east with North Steven Road to the west. The immediate area comprises a mix of industrial warehouse, flex/research and development and light manufacturing uses.

Highlights

  • Financially strong tenant.
  • Core quality asset.
  • Secure income stream through 2012 with no landlord responsibilities.
  • Absolute net lease structure.
  • Attractive renewal options.
  • Institutionally maintained real estate asset in a controlled park environment.

Utilities

  • Fenced Yard
  • Trailer Parking
  • Sprinklers

Research

7225 West Marcia Road, Milwaukee, WI 53223 (Milwaukee County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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