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2221 Calumet Dr
New Holstein, WI 53061
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 13 Years of remaining lease term
- Tenant has occupied the property for over 15 years
- Located 1.5 miles from the tenant’s manufacturing plant
- Tenant proactively engaged landlord requesting a 15-year lease in 2023
- Below market rents, providing an attractive basis
EXECUTIVE SUMMARY
Single-Tenant Net Leased Industrial Offering
Colliers is pleased to present the opportunity to acquire this single-tenant net leased industrial investment located in New Holstein, Wisconsin. Strategically located in close proximity to the tenant’s manufacturing plant, this distribution center is mission critical to the tenant’s long-term strategy. Proving vital to the tenant’s regional operations, the tenant engaged the landlord and requested a 15-year lease to secure the asset for their continued growth and operations.
Highlights:
• 13 Years of remaining lease term
• Tenant proactively engaged landlord requesting a 15-year lease in 2023
• Tenant has occupied the property for over 15 years
• Below market rents, providing an attractive basis
• Located 1.5 miles from the tenant’s manufacturing plant
Colliers is pleased to present the opportunity to acquire this single-tenant net leased industrial investment located in New Holstein, Wisconsin. Strategically located in close proximity to the tenant’s manufacturing plant, this distribution center is mission critical to the tenant’s long-term strategy. Proving vital to the tenant’s regional operations, the tenant engaged the landlord and requested a 15-year lease to secure the asset for their continued growth and operations.
Highlights:
• 13 Years of remaining lease term
• Tenant proactively engaged landlord requesting a 15-year lease in 2023
• Tenant has occupied the property for over 15 years
• Below market rents, providing an attractive basis
• Located 1.5 miles from the tenant’s manufacturing plant
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Dock-High Doors/Loading | 10 |
| Lot Size | 5.41 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 122,500 SF | ||
| Zoning | Commercial | ||
| Sale Type | Investment NNN |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.41 AC |
| Rentable Building Area | 122,500 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | Commercial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,298,700 | |
| Land Assessment | $109,100 | Total Assessment | $1,407,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$109,100
Improvements Assessment
$1,298,700
Total Assessment
$1,407,800
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