FedEx Last-Mile Distribution
For Sale
$2,383,000
910 N Parkview Circle, Mosinee, WI 54455
19,600 SF last-mile distribution facility with three dock-high and five drive-in doors, leased to FedEx.
Property Size19,600 SF
Lot Size2.79 Acres
Price / SF$121.58
Days on Market121
Property Features for 910 N Parkview Circle
General Information
Standard status
Active
Size
19,600 SF
Lot size
2.79 Acres
Property subtype
Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
3
Drive-In Doors
5
Building Details
Building Size
19,600 SF
Year Built
1991
Year Renovated
2021
Tenancy
Single
Listing Agency:
Lee & Associates San Diego - Carlsbad
Listed By:
Ryan Bennett · License #CalDRE #01826517
(760) 519-0240
Source:
Lee-associates
Added: Jun 16
Changed: Oct 5
Last Checked: Oct 12 at 6:31PM
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 Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
This fee simple distribution facility was originally developed as a build-to-suit for FedEx and operates as a last-mile logistics site. The industrial building includes three dock-high doors and five drive-in doors and has undergone renovations in 2011 and 2021. The property is leased to FedEx Corporation under a corporate guaranty, and the lease term extends through September 30, 2031, following a recent extension.
The facility sits on approximately 2.79 acres within the Central Wisconsin Business Park, with direct access to key regional transportation infrastructure. It is positioned adjacent to Central Wisconsin Airport (CWA) and Interstate 39, supporting connectivity across the region.
The property is offered under a double-net lease structure with 3% annual rental increases during the remaining primary term and two additional five-year renewal options at fair market value.
The facility sits on approximately 2.79 acres within the Central Wisconsin Business Park, with direct access to key regional transportation infrastructure. It is positioned adjacent to Central Wisconsin Airport (CWA) and Interstate 39, supporting connectivity across the region.
The property is offered under a double-net lease structure with 3% annual rental increases during the remaining primary term and two additional five-year renewal options at fair market value.
Key Highlights
- 19,600 SF FedEx Express last‑mile distribution facility built in 1991
- Located on approx. 2.79 acres in the Central Wisconsin Business Park at 910 S. Parkview Circle, Mosinee (Wausau MSA)
- Features 3 dock‑high doors and 5 drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,377
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,167,540
$3.2M
Cap Rate 7%
$2,262,529
$2.3M
Cap Rate 9%
$1,759,744
$1.8M
Market Conditions
NOI Build-Up for 19,600 SF
Gross rent
$199.9K $10.20/SF
− Vacancy
−$13.6K −$0.69/SF
EGI
$186.3K $9.51/SF
− OpEx
−$27.9K −$1.43/SF
NOI
$158.4K $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%
$3,167,540
Cap Rate 7%
$2,262,529
Cap Rate 9%
$1,759,744
Alternative Uses
Best Use
Warehouse
$2.26M
$1.98M – $2.64M
NOI $158,377 @ 7.0% cap · market cap 6.65%
Second Best
Industrial
$1.86M
$1.63M – $2.17M
NOI $130,428 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$3.62M
$3.17M – $4.22M
NOI $253,487 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Dock-high doors
5
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 54455, WI
18,897
Population
8,058
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
80
Density / Sq Mi
$94,609
Median Household Income
$50,076
Median Earnings
$1,041
Median Rent
$226,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Distribution center - 19,600 SF last-mile distribution facility with three dock-high and five drive-in doors, leased to FedEx.
Where is this distribution center located?
The property is located at 910 N Parkview Circle Mosinee, WI.
What is the asking price?
The asking price for this property is $2,383,000.
What are key features of this property?
This property features: 19,600 SF FedEx Express last‑mile distribution facility built in 1991; Located on approx. 2.79 acres in the Central Wisconsin Business Park at 910 S. Parkview Circle, Mosinee (Wausau MSA); Features 3 dock‑high doors and 5 drive‑in doors
