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Single-Tenant Industrial

UPS Leased Distribution Facility

520 N Star Rd, Holmen, WI 54636

Listing Price: $5,500,000

Cap Rate
7.00%
Gross SF
50,000
Price/Gross SF
$110.00
Lot Size
5.37 acres
Year Built
1970
Rentable SF
50,000

Investment Overview

UPS-leased warehouse with 6.5 years remaining. New roof and insulation in 2023. Minimal landlord responsibilities for the foreseeable future. 50,000 SF warehouse completely fenced with high security entrance and exit. UPS has ceased operations at this facility as part of their "Network of the Future" Plan. This creates multiple opportunities for a buyer to add value. The LaCrosse-Onalaska market possesses solid real estate fundamentals due to its location on the Mississippi River and proximity to major interstate roadways. The property is less than three hours from major midwestern cities Minneapolis, Madison, and Milwaukee. he La Crosse-Onalaska market already functions as a regional logistics center with potential for further growth due to its strategic location, existing transportation infrastructure, and presence of various logistics-related businesses. The LaCrosse-Onalaska market has strong economic drivers as it is one of the midwest's legacy precision-manufacturing hubs. Further proof of the strategic location of the LaCrosse-Onalaska market, convenience store giant Kwik Trip is investing $151 million in a second distribution center along I-90, which will add cold storage capacity and approximately 200 logistics jobs by 2026. Finally, The University of Wisconsin's 10,500 student LaCrosse campus creates provides multiple economic drivers to the region. With a .9% vacancy rent and with no industrial space currently under construction in the LaCrosse-Onalaska market, strong demand for space is expected for the foreseeable future.

Investment Highlights

  • UPS-leased warehouse - 6.5 years remaining.
  • New roof and insulation in 2023.
  • 5.37 acre lot provides much room to expand.
  • Lot is completely fenced with two high security entrances.
  • Incredible Real Estate Fundamentals - located at the intersection of the Mississippi River and Interstate 90 -the longest Interstate highway in the U.S. stretching over 3,000 miles from Boston to Seattle.

Exclusively Listed By

Financing By

Single-Tenant Industrial

UPS Leased Distribution Facility

Listing Price: $5,500,000

Cap Rate
7.00%
Gross SF
50,000
Price/Gross SF
$110.00
Lot Size
5.37 acres
Year Built
1970
Rentable SF
50,000

Investment Highlights

  • UPS-leased warehouse - 6.5 years remaining.
  • New roof and insulation in 2023.
  • 5.37 acre lot provides much room to expand.
  • Lot is completely fenced with two high security entrances.
  • Incredible Real Estate Fundamentals - located at the intersection of the Mississippi River and Interstate 90 -the longest Interstate highway in the U.S. stretching over 3,000 miles from Boston to Seattle.

Investment Overview

UPS-leased warehouse with 6.5 years remaining. New roof and insulation in 2023. Minimal landlord responsibilities for the foreseeable future. 50,000 SF warehouse completely fenced with high security entrance and exit. UPS has ceased operations at this facility as part of their "Network of the Future" Plan. This creates multiple opportunities for a buyer to add value. The LaCrosse-Onalaska market possesses solid real estate fundamentals due to its location on the Mississippi River and proximity to major interstate roadways. The property is less than three hours from major midwestern cities Minneapolis, Madison, and Milwaukee. he La Crosse-Onalaska market already functions as a regional logistics center with potential for further growth due to its strategic location, existing transportation infrastructure, and presence of various logistics-related businesses. The LaCrosse-Onalaska market has strong economic drivers as it is one of the midwest's legacy precision-manufacturing hubs. Further proof of the strategic location of the LaCrosse-Onalaska market, convenience store giant Kwik Trip is investing $151 million in a second distribution center along I-90, which will add cold storage capacity and approximately 200 logistics jobs by 2026. Finally, The University of Wisconsin's 10,500 student LaCrosse campus creates provides multiple economic drivers to the region. With a .9% vacancy rent and with no industrial space currently under construction in the LaCrosse-Onalaska market, strong demand for space is expected for the foreseeable future.

Exclusively Listed By

Financing By

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