Industrial Building with Dock
W190 N11393 Carnegie Drive, Germantown, WI 53022
For Sale
Contact for pricing
The facility combines substantial warehouse space with dedicated offices and multiple loading options.
Property Size93,201 SF
Lot Size5.75 Acres
Price / SF$69.74
Days on Market28
Property Features for W190 N11393 Carnegie Drive
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Drive-In Doors
Building Details
Year Built
Year Renovated
Buildings
Building Size
Listing Agency:
Cushman & Wakefield | Boerke
Listed By:
Nick Unger · License WI 94-81731
(414) 203-3016
Source:
Crexi
Added: Oct 14
Changed: Nov 9
Last Checked: Nov 10 at 6:32AM
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 Cushman & Wakefield | Boerke
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Investment Insights
Based on property information with market context.
This 93,201-square-foot industrial building at W190 N11393 Carnegie Drive in Germantown, Wisconsin, includes 10,030 square feet of office space. Clear heights range from 17 to 24 feet, and the building has 14 dock positions and 3 drive-in doors. The 5.75-acre property is zoned M-1 Limited Industrial. Constructed in 1971, it received additions in 2002 and has LED lighting and multiple electrical services.
Key Highlights
- 93,201‑square‑foot industrial building on a 5.75‑acre site
- 10,030 square feet of office space
- 17'-24' clear heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$411,671
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,233,420
$8.2M
Cap Rate 7%
$5,881,014
$5.9M
Cap Rate 9%
$4,574,122
$4.6M
Market Conditions
NOI Build-Up for 93,201 SF
Gross rent
$509.8K $5.47/SF
− Vacancy
−$25.5K −$0.27/SF
EGI
$484.3K $5.20/SF
− OpEx
−$72.6K −$0.78/SF
NOI
$411.7K $4.42/SF
Area
Washington County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,233,420
Cap Rate 7%
$5,881,014
Cap Rate 9%
$4,574,122
Alternative Uses
Best Use
Warehouse
$5.88M
$5.15M – $6.86M
NOI $411,671 @ 7.0% cap · market cap 6.33%
Second Best
Industrial
$4.85M
$4.24M – $5.66M
NOI $339,380 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$25.62M
$22.42M – $29.89M
NOI $1,793,564 @ 7.0% cap · market cap 27.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
24 ft
Clear height
14
Dock-high doors
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Explore this area
Business Placement
Demographics for 53022, WI
19,935
Population
8,229
Households
2.4
Avg Household Size
44
Median Age
48%
College-Educated
96%
High-School Grad
27.7 sq mi
ZIP Area
720
Density / Sq Mi
$105,324
Median Household Income
$58,683
Median Earnings
$1,315
Median Rent
$353,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Washington County, WI
Properties on Market for Industrial properties in Washington County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - The facility combines substantial warehouse space with dedicated offices and multiple loading options.
Where is this industrial property located?
The property is located at W190 N11393 Carnegie Drive Germantown, WI.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 93,201‑square‑foot industrial building on a 5.75‑acre site; 10,030 square feet of office space; 17'-24' clear heights
