Glendale Industrial Facility with
3333 Good Hope Rd Glendale, WI
For Sale
Contact for pricing
350,300 SF industrial facility near I-43 in Glendale, WI.
Property Size350,300 SF
Lot Size27.97 Acres
Price / SF$48.53
Days on Market560
Property Features for 3333 Good Hope Rd
General Information
Standard status
Active
Size
350,300 SF
Lot size
27.97 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Founders 3 Real Estate Services - Corporate
(414) 530-7000
Listed By:
Robert Flood
(414) 530-7000
Source:
Moodyscre
Added: Jan 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Founders 3 Real Estate Services - Corporate
Investment Insights
Based on property information with market context.
This 350,300 square foot industrial facility is located minutes from I-43 via Good Hope Road in Glendale, WI. The property is fully sprinklered with a wet system. It features 20 to 25-foot clear heights, floor drains, busbars, air lines, crane access, and a separate warehouse entrance. The facility includes a cafeteria with modern equipment, a wellness center, and showers/locker rooms. There is a mezzanine with a 125 lbs/SF capacity, a generator room with an 18-foot overhead door, a boiler room with a 14-foot overhead door with water-assisted cooling, and an outdoor chiller for summer A/C. The property has five dock zones with nine doors, along with dedicated shop and shipping offices. Multiple training rooms and five conference rooms are available. Additional features include lab space, a tool room, a mail room, and outdoor solar panels.
Key Highlights
- Five dock zones with 9 doors, along with dedicated shop and shipping offices.
- Benefit from 20‑25’ clear heights, floor drains, busbars, air lines and crane access.
- Clean and fully sprinklered with a wet system.
Financial Insights For Warehouse
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 | $1.92M | $5.47 |
| − Vacancy | −$95.8k | −$0.27 |
| EGI | $1.82M | $5.20 |
| − OpEx | −$273.1k | −$0.78 |
| NOI | $1.55M | $4.42 |
350,300 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$22.10M
$19.34M – $25.79M
NOI $1,547,284 @ 7.0% cap · market cap 9.10%
Second Best
Industrial
$18.22M
$15.94M – $21.26M
NOI $1,275,575 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$83.07M
$72.69M – $96.91M
NOI $5,814,823 @ 7.0% cap · market cap 34.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - 350,300 SF industrial facility near I-43 in Glendale, WI.
Where is this manufacturing property located?
The property is located at 3333 Good Hope Rd Glendale, WI.
What is the asking price?
The asking price for this property is $17,000,000.
What are key features of this property?
This property features: Five dock zones with 9 doors, along with dedicated shop and shipping offices.; Benefit from **20‑25’ clear heights**, floor drains, busbars, air lines and crane access.; Clean and fully sprinklered with a wet system.
