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1718 Layard Ave
Racine, WI 53404
Andis Building · Industrial Property For Sale
Investment Highlights
- Large international and domestic distribution and transportation hub strategically located between Milwaukee and Chicago
- Commute times in the metro area are the second shortest for U.S. urban areas
- Strong manufacturing sector, with companies specializing in precision machining, stamping, CNC tooling, and innovative metallurgy
Executive Summary
Marcus & Millichap REIS, as exclusive advisor, is pleased to offer for sale a single tenant NNN lease Industrial property in Racine, WI. This asset is located at 1718 Layard Ave and consists of multiple buildings on one parcel totaling +/- 60,622 square feet and sits on +/- 4.38 acres. This is a unique opportunity to own a single tenant NNN facility in a continuously emerging area between Chicago and Milwaukee. The asset is being offered at a strong cap rate with a rare opportunity to acquire a property that allows for outdoor storage. In addition, the building layout is conducive for multi-tenant capabilities in the event a new owner wants to capitalize on space flexibility.
Property Facts
Amenities
- Skylights
Utilities
- Heating - Gas
Property Taxes
| Parcel Number | 276-000018788001 | Improvements Assessment | $396,400 |
| Land Assessment | $221,000 | Total Assessment | $617,400 |
Property Taxes
Parcel Number
276-000018788001
Land Assessment
$221,000
Improvements Assessment
$396,400
Total Assessment
$617,400
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