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Single-Tenant Industrial Net Lease Portfolio
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Pending

3301 James Day Ave, Superior, WI 54880

Three-property industrial net lease portfolio occupied by PetroChoice, with leases expiring April 30, 2028 and one renewal option.

Property Size73,000 SF
Days on Market120

Property Features for 3301 James Day Ave

General Information

Standard status Pending
Size 73,000 SF
Property subtype Industrial

Building Details

Tenancy Single
Listing Agency: CBRE
Listed By: David Hesano · License #MI 6501300653
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 2:27PM

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 CBRE

Investment Insights

Based on property information with market context.

This offering presents a three-property, single-tenant industrial net lease portfolio occupied by PetroChoice. The properties are industrial warehouse distribution assets with a combined gross area of 73,000 square feet, and the leases are structured with minimal landlord responsibilities. PetroChoice is described as a major petroleum-based lubricant distributor.

The portfolio includes locations in Superior, WI; Chisholm, MN; and Negaunee, MI. Superior, WI comprises nearly half of the portfolio’s total gross square footage and approximately two-thirds of the portfolio’s net operating income. The current lease term for all three properties expires on April 30, 2028, and the tenant has a single five-year renewal option.

Key Highlights

  • Three‑property, single‑tenant industrial net lease portfolio occupied by PetroChoice.
  • Portfolio spans Superior, WI; Chisholm, MN; and Negaunee, MI.
  • Total gross building area across the three assets is 73,000 SF (Superior, WI is nearly half of the portfolio).

Property Analytics

Current Use

PetroChoice Distribution Service

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 54880, WI

30,400
Population
14,325
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
166.1 sq mi
ZIP Area
183
Density / Sq Mi
$66,942
Median Household Income
$40,813
Median Earnings
$901
Median Rent
$176,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Three-property industrial net lease portfolio occupied by PetroChoice, with leases expiring April 30, 2028 and one renewal option.
Where is this distribution center located?
The property is located at 3301 James Day Ave Superior, WI.
What are key features of this property?
This property features: Three‑property, single‑tenant industrial net lease portfolio occupied by PetroChoice.; Portfolio spans Superior, WI; Chisholm, MN; and Negaunee, MI.; Total gross building area across the three assets is 73,000 SF (Superior, WI is nearly half of the portfolio).
More about this property
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