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7815 Camp Phillips Rd 17,544 SF Industrial Building Schofield, WI 54476 $2,000,000 ($114.00/SF) 6.51% Cap Rate
INVESTMENT HIGHLIGHTS
- Original 15 Year Lease In 2000 with Five Year Extension in 2024
- Triple-Net Lease Through 12/31/2029 with Annual Rent Increases
- Corporate Guarantee - Public Company (NYSE: CMI)
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,000,000 | Lot Size | 3.58 AC |
| Price Per SF | $114.00 | Rentable Building Area | 17,544 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.51% | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.36/1,000 SF |
| Building Class | B | Clear Ceiling Height | 20’ |
| Zoning | Light Industrial | ||
| Price | $2,000,000 |
| Price Per SF | $114.00 |
| Sale Type | Investment NNN |
| Cap Rate | 6.51% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.58 AC |
| Rentable Building Area | 17,544 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 3.36/1,000 SF |
| Clear Ceiling Height | 20’ |
| Zoning | Light Industrial |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Manufacturing
- -
- -
- Triple Net
- -
Cummins Inc. is a publicly traded global power technology company headquartered in Columbus, Indiana. Founded in 1919 by Clessie Cummins and William G. Irwin, the company designs, manufactures, and services diesel, natural gas, hybrid, and zero-emission power solutions. Its product portfolio includes engines, filtration systems, turbochargers, fuel systems, power generation equipment, and electrified technologies under the Accelera brand. Cummins operates in approximately 190 countries through a network of distributors and dealers, serving industries such as transportation, construction, agriculture, and energy. The company employs more than 69,000 people worldwide and reported revenues of $34.1 billion in 2024. Cummins trades on the New York Stock Exchange under the ticker symbol CMI and continues to advance its “Destination Zero” strategy, focusing on decarbonization and sustainable power solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Manufacturing | - | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 192-2808-282-0990 | Improvements Assessment | $430,400 |
| Land Assessment | $110,000 | Total Assessment | $540,400 |
PROPERTY TAXES
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7815 Camp Phillips Rd
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