Warehouse
1100 West St
1100 West St, Wausau, WI 54401
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap is pleased to present the fee-simple sale offering of 1100 West Street, a multi-tenant industrial building located in Wausau, Wisconsin. The property is comprised of 110,000 total square feet of industrial space leased to a variety of local tenants. The property features functional industrial space comprised of seven drive-in doors, as well as ample outdoor storage. The rent roll for the subject property includes six tenants on short-term leases with the seller executing a five-year sale-leaseback at close of escrow. With majority of the tenants on shorter term leases, an investor has a significant value-add opportunity to increase rents at their discretion. The property also features over 46,000 square feet of vacant warehouse space ready for immediate occupancy.
The purchase of this offering presents an investor with a true value-add opportunity. At a current list price of $2,500,000 the investment generates an in-place net operating income of $213,634 which equates to in-place capitalization rate of 8.55 percent at 57 percent occupancy.
Investment Highlights
- Value-Add Multi-Tenant Industrial Investment Opportunity
- Five-Year Sale-Leaseback by Seller Offered at Close of Escrow
- 8.55 Percent In-Place Cap Rate at 57% Occupancy
- Priced Significantly Below Replacement Cost at $22/SF
- Below Market Rents | Average Rent $4.58/SF Gross
- Heavy Industrial Zoning | Ample Outdoor Storage
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Listing Price: $2,500,000
Investment Highlights
- Value-Add Multi-Tenant Industrial Investment Opportunity
- Five-Year Sale-Leaseback by Seller Offered at Close of Escrow
- 8.55 Percent In-Place Cap Rate at 57% Occupancy
- Priced Significantly Below Replacement Cost at $22/SF
- Below Market Rents | Average Rent $4.58/SF Gross
- Heavy Industrial Zoning | Ample Outdoor Storage
Investment Overview
Marcus & Millichap is pleased to present the fee-simple sale offering of 1100 West Street, a multi-tenant industrial building located in Wausau, Wisconsin. The property is comprised of 110,000 total square feet of industrial space leased to a variety of local tenants. The property features functional industrial space comprised of seven drive-in doors, as well as ample outdoor storage. The rent roll for the subject property includes six tenants on short-term leases with the seller executing a five-year sale-leaseback at close of escrow. With majority of the tenants on shorter term leases, an investor has a significant value-add opportunity to increase rents at their discretion. The property also features over 46,000 square feet of vacant warehouse space ready for immediate occupancy. The purchase of this offering presents an investor with a true value-add opportunity. At a current list price of $2,500,000 the investment generates an in-place net operating income of $213,634 which equates to in-place capitalization rate of 8.55 percent at 57 percent occupancy.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager

