Light Industrial Multi-Unit
2485 Corporate Circle East Troy, WI 53120
2485 Corporate Circle, East Troy, WI, 53120
$3,600,000
For Sale
$3,600,000
A 32,200 SF warehouse with five units, built in 2001 and zoned LI - Light Industrial.
Property Size32,200 SF
Price / SF$111.80
Days on Market113
Property Features for 2485 Corporate Circle
General Information
- Standard status
- Active
- Size
- 32,200 SF
- Property subtype
- Industrial
Listing agency
(414) 395-4692
Listed by
Mitchell Starczynski, SIOR
Source
Nmrk
Added: Apr 1 Updated: Jul 22 at 4:26AM Checked: Jul 22 at 4:26AM
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 Mitchell Starczynski, SIOR
Investment Insights
Based on property information with market context.
2485 Corporate Circle is a light industrial warehouse property containing a 32,200 SF building configured into five units. The asset has been maintained since its construction in 2001 and is currently 100% occupied.
The property is zoned LI - Light Industrial and is positioned in the East Troy area.
For investors or owner-users seeking a multi-unit industrial building, this offering provides a steady, unit-based configuration within an LI zoning designation.
The property is zoned LI - Light Industrial and is positioned in the East Troy area.
For investors or owner-users seeking a multi-unit industrial building, this offering provides a steady, unit-based configuration within an LI zoning designation.
Key Highlights
- 32,200 SF industrial building with 5 units
- Built in 2001 and has been maintained since construction
- Zoned LI – Light Industrial
Local 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 | $386.4k | $12.00 |
| − Vacancy | −$2.3k | −$0.07 |
| EGI | $384.1k | $11.93 |
| − OpEx | −$57.6k | −$1.79 |
| NOI | $326.5k | $10.14 |
32,200 SF · lease $12.00/SF/yr · vacancy 0.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.66M
$4.08M – $5.44M
NOI $326,469 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.21M
$5.44M – $7.25M
NOI $434,990 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cap Biomaterials LLC
Industrial Manufacturer
Cytophil, Inc.
Professional Services
Advasaf LLC
Production Facility
Renu Voice
Association Or Organization
Similar For Sale Nearby
Similar Off Market Nearby
- Executive Storage Suites — 2481 Executive Dr, East Troy, WI 53120
FAQs
What type of property is this?
Warehouse - A 32,200 SF warehouse with five units, built in 2001 and zoned LI - Light Industrial.
Where is this warehouse located?
The property is located at 2485 Corporate Circle East Troy, WI.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 32,200 SF industrial building with 5 units; Built in 2001 and has been maintained since construction; Zoned LI – Light Industrial
