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Menomonee Falls Industrial Investment Opportunity
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N59W13449 Manhardt Dr, Menomonee Falls, WI 53051

Net leased EquipmentShare property with long-term lease and annual escalations.

Property Size13,455 SF
Lot Size5.00 Acres
Price / SF$342.47
Days on Market176

Property Features for N59W13449 Manhardt Dr

General Information

Standard status Active
Size 13,455 SF
Lot size 5.00 Acres
Property subtype Industrial
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $296,640

Building Details

Year Built 2004
Buildings 2
Tenancy Single
Listing Agency: The Boulder Group
Listed By: John Feeney · License #IL 475154756
Source: Crexi
Added: Feb 16 Changed: Aug 8 Last Checked: Aug 9 at 1:28PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This single tenant net leased EquipmentShare property is located in Menomonee Falls, Wisconsin, within the Milwaukee MSA. The property features a 7-year lease through September 2032, with 3% annual rental escalations and one 7-year renewal option. The site includes two buildings totaling 13,442 square feet on 5 acres, making it suitable for a covered land play or outdoor storage investment. EquipmentShare completed its initial public offering on January 23, 2026, and now trades on the NASDAQ as “EQPT.” The 5-acre IOS property is located one mile east of Interstate 41, which has a daily traffic volume of 139,000 vehicles. The surrounding area within a 5-mile radius has a population of over 178,000, with an affluent community in the immediate 1-mile radius having an average household income exceeding $167,000. Neighboring industrial tenants include Cargill Cocoa & Chocolate, MillerCoors, GXO, JAX INC, and ANIXTER. Menomonee Falls, Wisconsin, is home to nationally recognized brands like Kohl’s, Harley-Davidson, and Milwaukee Tool. The property is approximately 20 minutes northwest of downtown Milwaukee. EquipmentShare, founded in 2015 and headquartered in Columbia, Missouri, provides heavy equipment rentals, sales, and data-driven fleet management solutions to contractors nationwide. The company priced its initial public offering in January 2026, raising approximately $747 million and achieving a market valuation of about $7 billion on its debut.

Key Highlights

  • Single tenant net leased EquipmentShare property with a lease through September 2032.
  • Features 3% annual rental escalations and one 7‑year renewal option.
  • Located on 5 acres, suitable for a covered land play or outdoor storage.

Property Analytics

Current Use

Q3 Contracting Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Nail Salon Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53051, WI

38,562
Population
16,972
Households
2.3
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
33.3 sq mi
ZIP Area
1,158
Density / Sq Mi
$98,423
Median Household Income
$60,331
Median Earnings
$1,257
Median Rent
$341,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Net leased EquipmentShare property with long-term lease and annual escalations.
Where is this warehouse located?
The property is located at N59W13449 Manhardt Dr Menomonee Falls, WI.
What is the asking price?
The asking price for this property is $4,608,000.
What are key features of this property?
This property features: Single tenant net leased EquipmentShare property with a lease through September 2032.; Features 3% annual rental escalations and one 7‑year renewal option.; Located on 5 acres, suitable for a covered land play or outdoor storage.
(847) 562-9280 Call to check price and availability
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