EquipmentShare N59W13449 Manhardt Dr 13,455 SF Flex Building Menomonee Falls, WI 53051 $4,608,000 ($342.47/SF) 6.25% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased EquipmentShare property located in Menomonee Falls, Wisconsin within the Milwaukee MSA. EquipmentShare recently signed a 7-year lease through September 2032. The lease features 3% annual rental escalations and one 7-year renewal option. The site is comprised of two buildings totaling 13,442 square feet constructed on 5 acres. This is an ideal investment for a covered land play or outdoor storage investors. Additionally, EquipmentShare completed its initial public offering on January 23, 2026, and now trades on the NASDAQ as “EQPT.”
The 5-acre IOS property is strategically located just one mile east of Interstate 41, which sees a daily traffic volume of 139,000 vehicles. Within a 5-mile radius, the property is surrounded by a population of over 178,000. The immediate 1-mile radius features an affluent community with an average household income exceeding $167,000. Neighboring industrial tenants include Cargill Cocoa & Chocolate, MillerCoors, GXO, JAX INC, ANIXTER, and others. The property is situated in Menomonee Falls, Wisconsin, home to nationally recognized brands like Kohl’s, Harley-Davidson, and Milwaukee Tool. The property is approximately 20 minutes northwest of downtown Milwaukee.
EquipmentShare is a U.S.-based construction technology and equipment rental company founded in 2015 and headquartered in Columbia, Missouri, that provides heavy equipment rentals, sales, and data-driven ?eet management solutions to contractors nationwide. The company has built a digital-?rst platform centered on its proprietary T3 operating system, which integrates telematics, real-time tracking, and analytics to improve jobsite efficiency and equipment utilization. After rapid revenue growth and national expansion, EquipmentShare priced its initial public offering in January 2026, raising approximately $747 million and achieving a market valuation of about $7 billion on its debut.