498 MARATECH AVENUE, Marathon, WI 54448
Manufacturing facility with highway access, loading docks, and expansion potential.
- Added:
- Jun 30, 2024
- Days on Market:
- 715
- Last Refresh:
- May 13 at 8:28 pm
Property Features for 498 MARATECH AVENUE
General Information
- Standard status
- Active
- Size
- 70,208 SF
- Lot size
- 1.60 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2005
Listing agent ANTHONY MORICE
Listing office NAI PFEFFERLE (715) 261-2922
Listing date Jun 30, 2024
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of NAI PFEFFERLE
HighLights
- Easy access to Highway 29 and minutes from Wausau.
- Sprinklered facility suitable for various manufacturing needs.
- 7 loading docks and 2 ground level doors for efficient operations.
- 1.6 acres of exterior yard storage or future expansion potential.
- Versatile space ideal for company headquarters.
- Features office, reception, and break rooms.
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $716.1k | $10.20 |
| − Vacancy | −$48.7k | −$0.69 |
| EGI | $667.4k | $9.51 |
| − OpEx | −$200.2k | −$2.85 |
| NOI | $467.2k | $6.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marathon
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.8318577
- Latitude
- 44.9420404
