715 St Croix St River Falls, WI 54022
- Warehouses
- 143,975 SF
- 7.24 lot acres
Current Use by Public Records
- Warehouses
Property Details for 715 St Croix St
- Year built
- 1966
- Lot size
- 7.24 lot acres
- Property size
- 143,975 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional value-add industrial investment opportunity, River Falls I, presents a 143,975 square foot multi-tenant warehouse situated on 7.24 acres in River Falls, Wisconsin. The property boasts 82% occupancy with 11 tenants and a strong net operating income (NOI) of $536,000. Built in 1966, the single-building complex features 4 dock-high doors and ceiling heights ranging from 16 to 24 feet. Partial roof replacement was completed in 2023 under warranty, with the balance scheduled for 2024 (credit available). The property is conveniently located at 715 St Croix St and 211 Powell Ave, River Falls, WI 54022, offering easy access to major transportation routes. This presents a compelling opportunity for investors seeking a stable, income-producing asset with significant upside potential through lease-up and further value-add improvements. The property's strong tenancy and substantial square footage make it an attractive investment in a growing market. The weighted average lease term is 1.5 years. The APN numbers are 276104680000 and 276105740000. This is a rare chance to acquire a well-located, income-generating warehouse with a clear path to increased profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- River Falls
- County
- St. Croix
- State
- Wisconsin
- Longitude
- -92.6237
- Latitude
- 44.8692
