Leased Industrial
7110 Packer Drive, Wausau, WI 54401
For Sale
Contact for pricing
A single-tenant facility combines warehouse, shop, and sales areas under an NNN lease.
Property Size9,930 SF
Lot Size1.39 Acres
Price / SF$90.76
Days on Market17
Property Features for 7110 Packer Drive
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Dock-High Doors
Drive-In Doors
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Building Details
Buildings
Building Size
Construction
Tenancy
Listing Agency:
Northmarq - Tulsa
Listed By:
Melissa McKenzie · License WY #15569
(918) 794-9518
Source:
Crexi
Added: Oct 25
Changed: Nov 8
Last Checked: Nov 8 at 4:13PM
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 Northmarq - Tulsa
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Investment Insights
Based on property information with market context.
The 9,930-square-foot metal building serves as a warehouse and sales facility, with dedicated shop areas. The property occupies 1.39 acres and has one loading dock, one drive-in door, and 16.4% site coverage. A single tenant occupies the building under an NNN lease that runs through October 31, 2029, includes 2% annual rent increases, and provides one five-year renewal option at fair market value.
Along Highway 29 in Wausau, the property has access to Interstate 39 and sits within a central Wisconsin industrial corridor. It is offered individually or as part of a portfolio of Total Tool Supply properties.
Along Highway 29 in Wausau, the property has access to Interstate 39 and sits within a central Wisconsin industrial corridor. It is offered individually or as part of a portfolio of Total Tool Supply properties.
Key Highlights
- 9,930‑square‑foot metal warehouse and sales facility
- 1.39‑acre site with 16.4% site coverage
- Single‑tenant NNN lease expires October 31, 2029
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,239
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,780
$1.6M
Cap Rate 7%
$1,146,271
$1.1M
Cap Rate 9%
$891,544
$891.5K
Market Conditions
NOI Build-Up for 9,930 SF
Gross rent
$101.3K $10.20/SF
− Vacancy
−$6.9K −$0.69/SF
EGI
$94.4K $9.51/SF
− OpEx
−$14.2K −$1.43/SF
NOI
$80.2K $8.08/SF
Area
Marathon County, WI
Vacancy
6.80%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,780
Cap Rate 7%
$1,146,271
Cap Rate 9%
$891,544
Alternative Uses
Best Use
Warehouse
$1.15M
$1.00M – $1.34M
NOI $80,239 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.83M
$1.61M – $2.14M
NOI $128,425 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54401, WI
31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - A single-tenant facility combines warehouse, shop, and sales areas under an NNN lease.
Where is this warehouse located?
The property is located at 7110 Packer Drive Wausau, WI.
What is the asking price?
The asking price for this property is $901,247.
What are key features of this property?
This property features: 9,930‑square‑foot metal warehouse and sales facility; 1.39‑acre site with 16.4% site coverage; Single‑tenant NNN lease expires October 31, 2029
