Flex Space with Office
5303 Jelinek Avenue, Weston, WI 54476
For Sale
New
Contact for pricing
Two spaces include an office-oriented option with flex capability and a smaller unit suited to automotive uses.
Property Size17,000 SF
Price / SF$0.00
Days on Market3
Property Features for 5303 Jelinek Avenue
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Listing Agency:
Nai Pfefferle
(715) 261-2922
Listed By:
Anthony Morice · License WI #8991794
(715) 218-2900
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 5:36PM
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 Nai Pfefferle
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Investment Insights
Based on property information with market context.
This 17,000-square-foot flex property in Weston Industrial Park was built in 1984. It comprises two lease opportunities: a smaller space suited to automotive uses and a larger office area with potential for flex applications. The stated zoning is Commercial.
Located at 5303 Jelinek Avenue in Weston, the property is reached from Camp Phillips Road via E Jelinek Avenue.
Located at 5303 Jelinek Avenue in Weston, the property is reached from Camp Phillips Road via E Jelinek Avenue.
Key Highlights
- 17,000‑square‑foot flex property built in 1984
- Two lease opportunities within Weston Industrial Park
- Larger office area has potential for flex use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,126
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,520
$2.3M
Cap Rate 7%
$1,616,086
$1.6M
Cap Rate 9%
$1,256,956
$1.3M
Market Conditions
NOI Build-Up for 17,000 SF
Gross rent
$173.4K $10.20/SF
− Vacancy
−$11.8K −$0.69/SF
EGI
$161.6K $9.51/SF
− OpEx
−$48.5K −$2.85/SF
NOI
$113.1K $6.65/SF
Area
Marathon County, WI
Vacancy
6.80%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,520
Cap Rate 7%
$1,616,086
Cap Rate 9%
$1,256,956
Alternative Uses
Best Use
Retail
$2.44M
$2.14M – $2.85M
NOI $171,003 @ 7.0% cap
Second Best
Flex RnD
$2.12M
$1.85M – $2.47M
NOI $148,300 @ 7.0% cap
Theoretical Best
Specialty Retail
$3.14M
$2.75M – $3.66M
NOI $219,861 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 54476, WI
19,668
Population
8,574
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
42.0 sq mi
ZIP Area
468
Density / Sq Mi
$76,132
Median Household Income
$43,962
Median Earnings
$972
Median Rent
$211,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Two spaces include an office-oriented option with flex capability and a smaller unit suited to automotive uses.
Where is this flex space located?
The property is located at 5303 Jelinek Avenue Weston, WI.
What are key features of this property?
This property features: 17,000‑square‑foot flex property built in 1984; Two lease opportunities within Weston Industrial Park; Larger office area has potential for flex use
