Investment Overview

The property is a fully occupied 32,003-square-foot six-unit shallow-bay industrial asset situated on 1.87 acres. The building features masonry construction, which provides a durable and low-maintenance exterior. With 15 feet of clear height, the property offers ample space for storage and operations. Seven grade-level doors and five dock-high doors provide easy access for loading and unloading. The property is zoned for limited industrial use, which allows for a range of tenants and uses, including contractors, manufacturing, warehousing, and distribution. The property's design and features make it an attractive option for businesses seeking a functional and efficient space. The location is about one mile from Interstate 94, providing convenient access to major transportation routes. Close proximity to U.S. Route 41 further enhances the property's accessibility and connectivity. This strategic location enables businesses to easily transport goods and services, reducing logistics costs and increasing efficiency. The property's location is also beneficial for employees, with a range of amenities and services nearby. The surrounding area is characterized by a mix of industrial, commercial, and residential uses. The property is located in the South Lake submarket, which is outperforming national averages in terms of vacancy rates and rent growth. As of Q1 2026, the submarket has a vacancy rate of 5.9 percent, compared to the national average of 7.8 percent. Additionally, the submarket has experienced 4.3 percent annual rent growth, surpassing the national average of 1.6 percent (CoStar, national averages based on top 50 metros, minimum 10,000 square feet, and classes A, B, & C). This trend indicates a strong demand for industrial space in the area, driven by the growing needs of businesses and the limited supply of available properties. The property's full occupancy and desirable location make it an attractive investment opportunity. The South Lake submarket's strong performance is expected to continue, driven by its proximity to major transportation routes and the growing demand for industrial space.