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617 8th Ave 92,000 SF 100% Leased Industrial Building Clayton, WI 54004 $4,100,000 ($44.57/SF) 8.98% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully executed NNN lease to Ardisam, Inc
- Exceptional 42’+ clear heights
- Six Newly installed Dock Doors
- Situated on 21.10 acres, the property has ample yard/ parking capacity
- New roof finished in 2024
- Great infrastructure: 21-inch reinforced concrete floors, heavy power, newly installed spray foam insulation, and large fans for air movement
EXECUTIVE SUMMARY
Colliers is pleased to present an opportunity to acquire a high-performance, single-tenant industrial investment backed by one of the regions storied companies—Ardisam, Inc. Headquartered in Cumberland, Wisconsin and operating for more than 60 years, Ardisam is a nationally recognized leader in outdoor power equipment, hunting gear, ice augers, and seasonal consumer products sold across major retailers throughout North America.
Ardisam will occupy the 92,000 SF industrial facility at 617 8th Avenue in Clayton, WI under a brand-new five-year NNN lease, providing investors with a 8.95% capitalization rate. With deep roots in Northwest Wisconsin, strong multi-division product lines, and a long history of operational growth, Ardisam represents a high-quality tenant with a diversified revenue base and significant continued growth across its brands.
Ardisam will occupy the 92,000 SF industrial facility at 617 8th Avenue in Clayton, WI under a brand-new five-year NNN lease, providing investors with a 8.95% capitalization rate. With deep roots in Northwest Wisconsin, strong multi-division product lines, and a long history of operational growth, Ardisam represents a high-quality tenant with a diversified revenue base and significant continued growth across its brands.
PROPERTY FACTS
| Price | $4,100,000 | Rentable Building Area | 92,000 SF |
| Price Per SF | $44.57 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2015 |
| Cap Rate | 8.98% | Parking Ratio | 0.26/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 42’ |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 21.10 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | I - I | ||
| Price | $4,100,000 |
| Price Per SF | $44.57 |
| Sale Type | Investment NNN |
| Cap Rate | 8.98% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 21.10 AC |
| Rentable Building Area | 92,000 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Parking Ratio | 0.26/1,000 SF |
| Clear Ceiling Height | 42’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | I - I |
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PROPERTY TAXES
| Parcel Number | 004-3000-08-010 | Improvements Assessment | $2,172,600 |
| Land Assessment | $59,300 | Total Assessment | $2,231,900 |
PROPERTY TAXES
Parcel Number
004-3000-08-010
Land Assessment
$59,300
Improvements Assessment
$2,172,600
Total Assessment
$2,231,900
CONTACTS
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Andrew Lubinski -
Justin Felix -
Aaron Whitmore -
Ethan Haglund -
Trevor Brandvold -
CBRE, Inc.
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