755 Tower Dr Fredonia, WI
9,904 SF industrial building on 2-acre site near Milwaukee.
Property Features for 755 Tower Dr
General Information
- Standard status
- Active
- Size
- 9,940 SF
- Lot size
- 2.00 Acres
- Property subtype
- INDUSTRIAL
Listing office Founders 3 Real Estate Services - Corporate (414) 403-7300
Listing date Nov 13, 2025
Source Moodyscre
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 Founders 3 Real Estate Services - Corporate
Investment Insights
Based on property information with market context.
Key Highlights
- 9,904 SF industrial building with 4,000 SF mezzanine and two outbuildings totaling 8,961 SF
- Oversized parking on ±2.00‑acre site with expansion potential
- Clear‑span bay approximately 80’ × 100’ with three (3) drive‑in doors
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 | $54.4k | $5.47 |
| − Vacancy | −$2.7k | −$0.27 |
| EGI | $51.7k | $5.20 |
| − OpEx | −$7.7k | −$0.78 |
| NOI | $43.9k | $4.42 |
