Office Warehouse

Mequon Flex

10400 N Baehr Rd, Mequon, WI 53092

Listing Price: $2,500,000

Cap Rate
6.99%
Gross SF
27,534
Price/Gross SF
$90.80
Lot Size
2.58 acres
Year Built
1991
Rentable SF
27,534

Investment Overview

LARGE PARCEL WITH PLENTY OF PARKING SPACE (4.90/1,000 SF)

SUBMARKET -98.8% OCCUPIED (FIVE YEAR AVERAGE BELOW 2% VACANT)

Investment Highlights

  • 73.67% OCCUPIED FLEX INDUSTRIAL BUILDING
  • NEW ROOF IN 2020 -15 YEAR WARRANTY
  • TRIPLE-NET REIMBURSEMENTS ON ALL THREE LEASED SPACES
  • FIVE DRIVE-IN DOORS & ONE DOCK DOOR (HVA PRODUCTS SPACE)
  • TWO VACANT UNITS (7,250 SF / 26.33% GLA -PROVIDING SIGNIFICANT UPSIDE POTENTIAL
  • MIX OF OFFICE & WAREHOUSE SPACE

Exclusively Listed By

Listing Price: $2,500,000

Cap Rate
6.99%
Gross SF
27,534
Price/Gross SF
$90.80
Lot Size
2.58 acres
Year Built
1991
Rentable SF
27,534

Investment Highlights

  • 73.67% OCCUPIED FLEX INDUSTRIAL BUILDING
  • NEW ROOF IN 2020 -15 YEAR WARRANTY
  • TRIPLE-NET REIMBURSEMENTS ON ALL THREE LEASED SPACES
  • FIVE DRIVE-IN DOORS & ONE DOCK DOOR (HVA PRODUCTS SPACE)
  • TWO VACANT UNITS (7,250 SF / 26.33% GLA -PROVIDING SIGNIFICANT UPSIDE POTENTIAL
  • MIX OF OFFICE & WAREHOUSE SPACE

Investment Overview

LARGE PARCEL WITH PLENTY OF PARKING SPACE (4.90/1,000 SF)

SUBMARKET -98.8% OCCUPIED (FIVE YEAR AVERAGE BELOW 2% VACANT)

Exclusively Listed By

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