N53W24950 S Corporate Cir, Sussex, WI 53089
100% leased, multi-building industrial portfolio featuring triple-net structures and diversified tenant mix across eight facilities.
- Added:
- Jun 28, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 1 at 3:15 am
Property Features for N53W24950 S Corporate Cir
General Information
- Standard status
- Active
- Size
- 152,275 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1990
Listing office (262) 364-1915
Listing date Jun 28, 2026
Source Marcusmillichap
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 Peyton Mueller
HighLights
- 100% leased Waukesha industrial portfolio with 38 suites across eight buildings totaling 152,275 SF
- Diversified tenant mix with granular tenancy; no tenant accounts for more than 10% of portfolio rent
- Offered at $18,000,000 ($118.20/SF) with a 7.41% in‑place cap rate on $1,333,868 annualized NOI
- Pro forma NOI $1,418,295 with a 7.88% cap rate, supported primarily by contractual rent escalations through August 2027
- Six of eight buildings operate on triple‑net leases with CAM recovery and additional upside tied to CAM true‑up and lease structure conversion at renewal
- Approximately 72,500 SF rolls in 2026–2027, with in‑place average base rent of $9.07/SF
Overview
The portfolio is offered for sale at the portfolio level, and may also be acquired through defined offering packs: Singles, Two-Pack, and Four-Pack. Six of the eight buildings operate under triple-net lease structures with CAM recovery provisions. Additional items cited include WestAve CAM true-up, a Travis lease conversion from NN to NNN at renewal, and potential property tax contest recoveries not included in the base underwriting.
For buyers seeking an industrial investment with existing cash flow, this portfolio provides an all-occupied suite structure across multiple buildings, supported by a tenancy mix designed to limit concentration. With scheduled contractual escalations through August 2027 and both triple-net and non-triple-net configurations across the asset set, it can be positioned for operators evaluating a multi-tenant industrial strategy within Waukesha County.
Current Use by Public Records
Similar Places Nearby
- Captivate Exhibits — N56W24701 N Corporate Cir, Sussex, WI 53089
Location Insight
- Map
- Local Demand
- City
- Sussex
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.2356437
- Latitude
- 43.1157734
