Flex Space Industrial Condo
2460 Executive Dr East Troy, WI 53120
For Sale
Contact for pricing
Industrial flex condo units with drive-in doors and gas heat, offered for sale or lease with options to combine units.
Property Size1,273 SF
Price / SF$161.04
Days on Market318
Property Features for 2460 Executive Dr
General Information
Standard status
Active
Size
1,273 SF
Property subtype
INDUSTRIAL
Listing Agency:
Judson & Associates, S.C.
(414) 801-9480
Listed By:
Colleen Geiger · License #9750194
(414) 801-9480
Source:
Moodyscre
Added: Sep 16, 2025
Changed: Jul 29
Last Checked: Jul 29 at 11:25AM
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 Judson & Associates, S.C.
Investment Insights
Based on property information with market context.
Small industrial flex space condo units are available for sale or lease in East Troy, WI. Each unit includes a drive-in door and a gas heater, with the option to combine certain units for additional space. The configuration supports a range of storage and light industrial uses.
The property is located at 2460 Executive Dr, East Troy, WI 53120. Available units may be suited for tenants who want dedicated, roll-up access and self-contained heating while keeping flexibility around the total size by combining units when needed. Lease terms are available on an NNN basis.
With drive-in access, gas heat, and flexible unit options, these condos can work well for storage, contractors, or a personal workshop setup.
The property is located at 2460 Executive Dr, East Troy, WI 53120. Available units may be suited for tenants who want dedicated, roll-up access and self-contained heating while keeping flexibility around the total size by combining units when needed. Lease terms are available on an NNN basis.
With drive-in access, gas heat, and flexible unit options, these condos can work well for storage, contractors, or a personal workshop setup.
Key Highlights
- Small industrial flex space condo units for sale or lease in East Troy, WI
- Each unit has a drive‑in door for direct roll‑up access
- Gas heater included in each unit
Financial Insights For Flex RnD
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 | $21.7k | $17.04 |
| − Vacancy | −$1.3k | −$1.02 |
| EGI | $20.4k | $16.02 |
| − OpEx | −$7.1k | −$5.61 |
| NOI | $13.3k | $10.41 |
1,273 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$189.3K
$165.7K – $220.9K
NOI $13,254 @ 7.0% cap · market cap 6.47%
Second Best
Warehouse
$184.4K
$161.3K – $215.1K
NOI $12,907 @ 7.0% cap · market cap 6.30%
Theoretical Best
Specialty Retail
$245.7K
$215.0K – $286.6K
NOI $17,197 @ 7.0% cap · market cap 8.39%
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?
Flex space - Industrial flex condo units with drive-in doors and gas heat, offered for sale or lease with options to combine units.
Where is this flex space located?
The property is located at 2460 Executive Dr East Troy, WI.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Small industrial flex space condo units for sale or lease in East Troy, WI; Each unit has a drive‑in door for direct roll‑up access; Gas heater included in each unit
