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W223N609 Saratoga Dr 16,382 SF Flex Building Waukesha, WI 53186 $1,800,000 ($109.88/SF) 6.76% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease
- Well-established tenant
- +/- 1 mile to I-94
EXECUTIVE SUMMARY
16,382 SF flex building, leased to Colony Hardware, located in the desirable Bluemound East Industrial Park. Excellent freeway access. Property owner has an access easement with the adjoining property, which is also listed for sale with another brokerage. Prior to being purchased by Colony Hardware, the business that occupied the building was L.W. Meyer, a very reputable/established construction supply company.
PROPERTY FACTS
| Price | $1,800,000 | No. Stories | 1 |
| Price Per SF | $109.88 | Year Built | 1998 |
| Sale Type | Investment NNN | Tenancy | Single |
| Cap Rate | 6.76% | Parking Ratio | 2.08/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 20’ |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 5.13 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 16,382 SF | ||
| Zoning | M-2 | ||
| Price | $1,800,000 |
| Price Per SF | $109.88 |
| Sale Type | Investment NNN |
| Cap Rate | 6.76% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 5.13 AC |
| Rentable Building Area | 16,382 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Tenancy | Single |
| Parking Ratio | 2.08/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-2 |
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Colony Hardware
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Colony Hardware | Services | 99,999 SF | - | Lorem Ipsum | - |
1 1
PROPERTY TAXES
| Parcel Number | PWC-0964-994-001 | Improvements Assessment | $950,400 |
| Land Assessment | $250,000 | Total Assessment | $1,200,400 |
PROPERTY TAXES
Parcel Number
PWC-0964-994-001
Land Assessment
$250,000
Improvements Assessment
$950,400
Total Assessment
$1,200,400
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W223N609 Saratoga Dr
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