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Warehouse

Beacon Roofing Supply, Neillsville

1331 E Division St, Neillsville, WI 54456

Listing Price: $3,587,200

Cap Rate
7.40%
Lot Size
6.98 acres
Year Built
1978
Rentable SF
113,000

Investment Overview

Beacon Roofing Supply (NASDAQ: BECN) is the largest publicly traded distributor of roofing materials and complementary building products in the United States and Canada. ? Fortune 500 with annual revenue of $6.94 Billion. ? ~20% share of the $28 Billion roofing market. Strong Real Estate Fundamentals: ? Strategic location on Highway 10 with access to Interstates 41, 43, 39, 94. ? Ability to service major metropolitan areas in the Midwest such as Minneapolis Milwaukee, and Chicago. ? Highway 10 expansion project to 4 lanes in 2025. ? $31.75 per Square Foot is well below replacement cost. ? ±6.98 Acres. ? Good clear height, multiple dock and drive in loading, two cranes. ? Heavy 3-phase power throughout. NN lease with few landlord responsibilities. ? Strong corporate guarantee – Beacon has over 400 locations in North America. ? Extra income from trailer storage. ? Below market rents and additional value add potential. ? 3% Annual Increases.

Investment Highlights

  • Beacon Roofing Supply occupies approximately 85% of the property and is a Fortune 500 company with over 400 locations.
  • Strategic location with access to 5 Interstate Highways via State Hwy. 10.
  • Purchase Price is a fraction replacement costs, and very low rent is well below market rates.

Exclusively Listed By

Financing By

Warehouse

Beacon Roofing Supply, Neillsville

Listing Price: $3,587,200

Cap Rate
7.40%
Lot Size
6.98 acres
Year Built
1978
Rentable SF
113,000

Investment Highlights

  • Beacon Roofing Supply occupies approximately 85% of the property and is a Fortune 500 company with over 400 locations.
  • Strategic location with access to 5 Interstate Highways via State Hwy. 10.
  • Purchase Price is a fraction replacement costs, and very low rent is well below market rates.

Investment Overview

Beacon Roofing Supply (NASDAQ: BECN) is the largest publicly traded distributor of roofing materials and complementary building products in the United States and Canada. ? Fortune 500 with annual revenue of $6.94 Billion. ? ~20% share of the $28 Billion roofing market. Strong Real Estate Fundamentals: ? Strategic location on Highway 10 with access to Interstates 41, 43, 39, 94. ? Ability to service major metropolitan areas in the Midwest such as Minneapolis Milwaukee, and Chicago. ? Highway 10 expansion project to 4 lanes in 2025. ? $31.75 per Square Foot is well below replacement cost. ? ±6.98 Acres. ? Good clear height, multiple dock and drive in loading, two cranes. ? Heavy 3-phase power throughout. NN lease with few landlord responsibilities. ? Strong corporate guarantee – Beacon has over 400 locations in North America. ? Extra income from trailer storage. ? Below market rents and additional value add potential. ? 3% Annual Increases.

Exclusively Listed By

Financing By

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