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2030 Young St East Troy, WI 53120

For Sale
$2,750,000

High-yield manufacturing facility, 10-year lease.

Property size:
34,226 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional investment opportunity presents a 34,226-square-foot single-tenant industrial property located at 2030 Young Street in East Troy, Wisconsin, 53120. The property, built in 1973 and renovated in 1998, boasts a 17-foot ceiling height and features a single, one-story building situated on a parcel zoned M2. Currently occupied at 100% capacity by Thistle Molded Group under a Net Lease (NNN) agreement, the tenant recently renewed their lease for a full 10-year term, providing significant lease stability and a predictable income stream. The lease includes rent bumps, further securing future returns. The property offers 63 parking spaces for employees and visitors. This Class C industrial building provides a strong 8.00% cap rate on the asking price of $2,750,000. The long-term lease, coupled with the tenant's established presence in the molded plastics industry, makes this a low-management, high-return investment opportunity. The property's strong financial performance and secure tenancy make it an attractive addition to any portfolio.

Property Features for 2030 Young St

General Information

Property type
Manufacturing properties
Square Feet
34,226 SF
Class
C

Building Details

Year Built/Renovated
1973/1998
Buildings
1
Stories
1

HighLights

  • 34,226 SF single‑tenant industrial building in East Troy, WI.
  • 100% occupied by Thistle Molded Group under a 10‑year NNN lease.
  • 17' ceiling height, 63 parking spaces.
  • Class C building, 8.00% cap rate, $2,750,000 asking price.
  • Built in 1973, renovated in 1998, M2 zoning.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Moxness Products, Inc. Manufacturer

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
East Troy
County
Walworth
State
Wisconsin
Longitude
-88.396177062116
Latitude
42.78807679749

FAQs

What type of property is this?
Manufacturing property - High-yield manufacturing facility, 10-year lease.
Where is this manufacturing property located?
The property is located at 2030 Young St East Troy, WI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 34,226 SF single-tenant industrial building in East Troy, WI.; 100% occupied by Thistle Molded Group under a 10-year NNN lease.; 17' ceiling height, 63 parking spaces.
More about this property
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