Neenah Distribution Facility Investment
355 Byrd Ave Neenah, WI 54956
For Sale
Contact for pricing
369,545 SF distribution facility in Neenah, WI for sale.
Property Size369,545 SF
Lot Size15.60 Acres
Days on Market686
Property Features for 355 Byrd Ave
General Information
Standard status
Active
Size
369,545 SF
Lot size
15.60 Acres
Property subtype
Industrial
Building Details
Year Built
1979
Listing Agency:
Colliers - Minneapolis - St. Paul, Minnesota
Listed By:
Andy Lubinski · License #MN
Source:
Crexi
Added: Sep 12, 2024
Changed: Jul 6
Last Checked: Jul 29 at 11:28AM
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 Colliers - Minneapolis - St. Paul, Minnesota
Investment Insights
Based on property information with market context.
This 369,545 square foot distribution facility is located at 355 Byrd Ave, Neenah, WI, and is available for investment sale. Situated on 15.6 acres, this industrial asset is 91.5% leased to Trilliant Food & Beverage, which recently amended its lease and executed a three-year extension through May 31, 2030. Trilliant occupies the entire building except the office portion, creating an opportunity to lease the office, recover OPEX, and increase cash flow. The facility presents an opportunity to acquire a net-lease investment with durable cash flow and embedded upside through below-market rents and future mark-to-market. The marketing is based on a June 2026 base-rent NOI of $1,238,480, adjusted for any lost NOI attributable to the office OPEX vacancy. Trilliant also operates nearby locations, underscoring this asset’s mission-critical role and strong occupancy continuity. Neenah is located 39 miles from Green Bay, 100 miles from Milwaukee, and 188 miles from Chicago. The market benefits from proximity to major population centers and labor pools and reflects a current vacancy of approximately 4% with average asking rents of $5.97/SF NNN.
Key Highlights
- High‑quality, 369,545 SF distribution facility in a strategic Upper Midwest location.
- Net‑lease investment with durable cash flow and future upside potential through below‑market rents.
- 91.5% leased to Trilliant Food & Beverage, a major tenant with a lease extended through May 31, 2030.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Distribution center - 369,545 SF distribution facility in Neenah, WI for sale.
Where is this distribution center located?
The property is located at 355 Byrd Ave Neenah, WI.
What are key features of this property?
This property features: High‑quality, 369,545 SF distribution facility in a strategic Upper Midwest location.; Net‑lease investment with durable cash flow and future upside potential through below‑market rents.; 91.5% leased to Trilliant Food & Beverage, a major tenant with a lease extended through May 31, 2030.
