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2155 W Nordale Dr
Appleton, WI 54914
L&W Supply (ABC Supply) · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1980 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.70 AC | No. Drive In / Grade-Level Doors | 14 |
| Rentable Building Area | 61,675 SF | ||
| Zoning | G2 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.70 AC |
| Rentable Building Area | 61,675 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 14 |
| Zoning | G2 |
AMENITIES
- Signage
ABOUT 2155 W NORDALE DR , APPLETON, WI 54914
1. Below Market Rent/No Options to Renew – L&W Supply is paying 55% below market rent of $2.45 per square foot compared to market rent of $5.40 per square foot within the Outagamie County Industrial Submarket experiencing vacancy levels of 1% (Costar). L&W Supply has no options to renew the lease. 2. Future Upside – The tenant recently exercised their last option to renew and continues until December of 2023, offering a new Landlord high upside to renegotiate the lease at market rent levels in the future. 3. Building Features – Large footprint (61,675 SF) with multiple buildings on-site (5 buildings), allowing them to store materials and equipment inside and outside. 4. Dense Industrial Market – Located within an industrial corridor with 50+ Industrial facilities, within minutes of Americold Logistics, Atlas Cold Storage, Motion Industries, Johnson Controls, All-Lift Systems, Fastenal and many more. 5. National Tenant – L&W Supply is one of the nation’s leading distributors of construction and building products. Recently acquired by ABC Supply, the largest wholesale distributor of roofing and building products in the nation with 700+ locations, $8 Billion in Sales, and S&P’s BB rating.
PROPERTY TAXES
| Parcel Number | 10-2-2905-00 | Improvements Assessment | $1,267,300 |
| Land Assessment | $199,600 | Total Assessment | $1,466,900 |
PROPERTY TAXES
