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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

Sale Type Investment
Cap Rate 7.11%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • FlexLight Distribution
Building Class C
Lot Size 3.57 AC
Rentable Building Area 67,200 SF
No. Stories 1
Year Built 1965
Parking Ratio 1.15/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 6
Zoning M1 - Light Manufacturing

Amenities

  • Floor Drains

Utilities

  • Lighting
  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
NBC-1164-009
Land Assessment
$444,600
Improvements Assessment
$4,418,300
Total Assessment
$4,862,900
  • Listing ID: 41534200

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 16150 W Lincoln Ave, New Berlin, WI 53151

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