Food-Grade Warehouse
For Sale
Contact for pricing
Pending
505 E Willow Dr, Spencer, WI 54479
Fully leased industrial facility with food-grade storage improvements and dedicated outdoor storage use.
Property Size67,500 SF
Lot Size36.33 Acres
Days on Market141
Property Features for 505 E Willow Dr
General Information
Standard status
Pending
Size
67,500 SF
Lot size
36.33 Acres
Property subtype
Industrial
Occupancy
100%
Additional Details
Cap Rate
9%
Outdoor Storage
Yes
Warehouse Space
67,500 SF
Building Details
Buildings
1
Building Size
67,500 SF
Tenancy
Multi
Listing Agency:
Colliers - Minneapolis - St. Paul, Minnesota
Listed By:
Ethan Haglund · License #MN, IA, WI
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 2:09PM
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 Colliers - Minneapolis - St. Paul, Minnesota
Investment Insights
Based on property information with market context.
This warehouse property includes 67,500 SF of food-grade industrial space on 36.33 acres in Spencer, Wisconsin. The building is occupied by Grassland Dairy, while Casper Construction leases the outdoor storage area. Ownership has completed more than $830,000 in improvements focused on meeting food-grade storage requirements.
Grassland Dairy has extended its lease through 5/31/28. The facility is located 0.5 miles from Land O’ Lakes, identified as one of Grassland Dairy’s largest customers, and lies near the company’s headquarters in Greenwood, Wisconsin. The offering reflects a fully leased configuration with warehouse space and outdoor storage incorporated into the property’s current use.
Grassland Dairy has extended its lease through 5/31/28. The facility is located 0.5 miles from Land O’ Lakes, identified as one of Grassland Dairy’s largest customers, and lies near the company’s headquarters in Greenwood, Wisconsin. The offering reflects a fully leased configuration with warehouse space and outdoor storage incorporated into the property’s current use.
Key Highlights
- 67,500 SF food‑grade warehouse on 36.33 acres
- Fully leased to Grassland Dairy and Casper Construction
- Grassland Dairy lease extended through 5/31/28
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54479, WI
3,838
Population
1,462
Households
2.6
Avg Household Size
39
Median Age
15%
College-Educated
85%
High-School Grad
76.8 sq mi
ZIP Area
50
Density / Sq Mi
$79,542
Median Household Income
$44,238
Median Earnings
$563
Median Rent
$175,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Maurer's Mini Storage — 811 Peach St, Spencer, WI 54479
Frequently Asked Questions
What type of property is this?
Warehouse - Fully leased industrial facility with food-grade storage improvements and dedicated outdoor storage use.
Where is this warehouse located?
The property is located at 505 E Willow Dr Spencer, WI.
What are key features of this property?
This property features: 67,500 SF food‑grade warehouse on 36.33 acres; Fully leased to Grassland Dairy and Casper Construction; Grassland Dairy lease extended through 5/31/28
