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16150 W Lincoln Ave
New Berlin, WI 53151
New Berlin Industrial Park · Industrial Property For Sale


Executive Summary
16150 W. Lincoln Avenue offers investors the opportunity to acquire a fully occupied 65,425-square-foot multi-tenant industrial/flex asset in New Berlin, one of Southeastern Wisconsin’s most desirable and supply constrained industrial submarkets (3.0% vacancy rate). The property is leased to a diverse roster of seven tenants operating across industrial service, warehousing, sports and recreation, and equipment rental uses, creating a stable and balanced income stream with no single tenant representing more than approximately 23% of the building. The rent roll features staggered lease expirations, contractual rent escalations, multiple tenant renewals and extensions, and several long-term leases extending through 2028 and 2029, providing both income durability and built-in revenue growth. Strategically located with convenient access to I-43, I-94, I-41 and the broader Milwaukee metropolitan area, the property benefits from strong regional demographics, an established industrial business environment, and continued demand for functional multi-tenant flex and warehouse space. As a result, the offering presents a compelling opportunity to acquire a stabilized, cashflowing asset with diversified enancy, proven occupancy performance, and long-term income growth potential.
Property Facts
Amenities
- Floor Drains
Utilities
- Lighting
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
- Heating
Property Taxes
| Parcel Number | NBC-1164-009 | Improvements Assessment | $4,418,300 |
| Land Assessment | $444,600 | Total Assessment | $4,862,900 |
Property Taxes
Parcel Number
NBC-1164-009
Land Assessment
$444,600
Improvements Assessment
$4,418,300
Total Assessment
$4,862,900
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