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Nonn's (Lowe's BBB+ S&P) STNL Industrial 1925 S Moorland Rd 59,994 SF Industrial Building New Berlin, WI 53151 $6,250,000 ($104.18/SF) 7.02% Cap Rate
Investment Highlights
- Renewal Options: Two (2) additional five-year terms
- Situated in New Berlin, WI on Moorland Rd (29,800 Traffic Count) strong industrial hub with close proximity to Milwaukee
Executive Summary
Marcus & Millichap REIS is pleased to present a unique opportunity to acquire a single-tenant industrial/flex asset located at 1925 S Moorland Rd New Berlin, WI. The property consists of approximately 59,994 square feet leased to Nonn’s Flooring LLC, a well-established regional operator specializing in flooring and home improvement products and who has recently been acquired by Lowe’s Companies Inc in 2025. The property benefits from a prime location in the city of New Berlin, a thriving industrial corridor with excellent access to I-94 and the greater Milwaukee metro area. The lease includes 2% annual rent escalators with 5.1 years remaining on the first term and two five-year renewal options, providing long-term income stability and growth.
Property Facts
Property Taxes
| Parcel Number | NBC-1164-017 | Improvements Assessment | $2,606,900 |
| Land Assessment | $545,000 | Total Assessment | $3,151,900 |
Property Taxes
Parcel Number
NBC-1164-017
Land Assessment
$545,000
Improvements Assessment
$2,606,900
Total Assessment
$3,151,900
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Nonn's (Lowe's BBB+ S&P) STNL Industrial | 1925 S Moorland Rd
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