Skip to main content

Warehouse

1718 Layard Ave-Sale Lease Back

1718 Layard Ave, Racine, WI 53404

Listing Price: $2,200,000

Cap Rate
8.40%
Lot Size
4.38 acres
Year Built
1925
Rentable SF
60,622

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to offer for sale an industrial property as a single tenant triple-net lease property in Racine, Wisconsin. The property is located at 1718 Layard and consists of multiple buildings on one site totaling approximately 60,000 square feet and sits on approximately four and a half acres. This is a unique opportunity to own a single tenant triple-net lease facility at a strong cap rate that allows for rare outdoor storage and multi-tenant capabilities fi the new owner desires to do so. New five year lease to be executed at closing.

Investment Highlights

  • Single Tenant Industrial Opportunity with New Five Year Triple-Net Lease Executed at Closing
  • 60,000-Square-Foot Industrial Property with Interior Docks and Secured Outside Storage
  • Large Lot Over Four Acres that Allows for Outside Storage

Exclusively Listed By

Warehouse

1718 Layard Ave-Sale Lease Back

Listing Price: $2,200,000

Cap Rate
8.40%
Lot Size
4.38 acres
Year Built
1925
Rentable SF
60,622

Investment Highlights

  • Single Tenant Industrial Opportunity with New Five Year Triple-Net Lease Executed at Closing
  • 60,000-Square-Foot Industrial Property with Interior Docks and Secured Outside Storage
  • Large Lot Over Four Acres that Allows for Outside Storage

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to offer for sale an industrial property as a single tenant triple-net lease property in Racine, Wisconsin. The property is located at 1718 Layard and consists of multiple buildings on one site totaling approximately 60,000 square feet and sits on approximately four and a half acres. This is a unique opportunity to own a single tenant triple-net lease facility at a strong cap rate that allows for rare outdoor storage and multi-tenant capabilities fi the new owner desires to do so. New five year lease to be executed at closing.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower