Cushman & Wakefield | Boerke is pleased to present to qualified investors this three property Absolute Net Leased Industrial Portfolio. The properties, which can be sold as a package or individually, boat long term leases, annual rent increases and is 100% occupied to three different tenants. With over 277,000 square feet and a remaining WALT of over 9 years, the offering provides a new investor the opportunity to take down a significant portfolio at an attractive basis.
331 Riverview Road
This Class B warehouse located at 331 Riverview Road, Hustisford, WI spans 83,000 square feet. Currently, it is 100% leased to Berlon Industries, LLC until March 31, 2034.
Situated on a 5.518-acre site along the Rock River in Hustisford, Wisconsin, the property boasts ample space for future expansion, a dedicated workforce and a long term lease with 3% annual increases.
1101 S Prairie Avenue
This Class B manufacturing building located at 1101 S Prairie Avenue, Waukesha, Wisconsin spans 61,942 square feet. Currently, it is fully leased to Schaefer Brush Manufacturing, LLC, until March 31, 2034.
Situated on 4.9 acres in Waukesha, Wisconsin, the property offers investors the opportunity to purchase a stabilized asset with a long term lease with 3% annual increases, in a highly sought after industrial park. The property benefits from Waukesha’s 1.1% vacancy rate, along with a strong workforce making this an ideal investment.
2121 S 30th Street
This manufacturing building located at 2121 S 30th Street, Manitowoc, WI spans 132,244 square feet. Currently, it is 100% leased to Robinson Metal, Inc. until August 31, 2033. Robinson Inc., headquartered in De Pere, Wisconsin, stands as a Fab 40 leader in contract metal fabrication.
The property benefits from a recent expansion of approximately 20,160 square feet, as well as outdoor storage. Robinson Metal has a long-term net lease with over 9 years of term remaining, creating an anchored in-place tenant. In addition, the current lease includes a non-renewal fee benefiting any new ownership.