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7225 West Marcia Road
7225 West Marcia Road, Milwaukee, WI 53223
208,150 SF | Industrial
Industrial Property - Off Market
- Building Size:
- 208,150 SF
- Property Type:
- Property Sub-type:
- Distribution Warehouse
- Property Use Type:
- Cap Rate:
- No. Stories:
- Year Built:
- Dock-High Doors/Loading:
- Lot Size:
- 20.90 AC
- Listing ID
- Last Updated
- over 1 year ago
- Fenced Yard
- Trailer Parking
- 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.
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.
Map of 7225 West Marcia Road, Milwaukee, WI 53223
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO