100 Wisconsin River Dr Port Edwards, WI 54469
- Distribution centers
- 299,150 SF
- 14.00 lot acres
Current Use by Public Records
- Central WI Applied Research & Business Park / Business Center
- Milk Specialties Warehouse / Warehouse
Property Details for 100 Wisconsin River Dr
- Year built
- 1994
- Lot size
- 14.00 lot acres
- Property size
- 299,150 SF
- Property type
- Distribution centers
- Property subtype
- Fulfillment centers
Description
This exceptional investment opportunity presents a fully leased, 299,150-square-foot food-grade industrial distribution facility situated on a 14-acre lot in Port Edwards, Wisconsin. The property boasts two single-story buildings constructed in 1994, featuring 28 loading docks with levelers, a 25-foot ceiling height, and two dedicated rail spurs with indoor/outdoor loading capabilities. Currently operating at 100% occupancy, the facility is leased to Milk Specialties Global, a prominent human and animal nutrition company. The asking price is $8,205,355, representing a compelling 7.75% capitalization rate and a price per square foot of $27.43. Key features include high-efficiency T-8 motion lighting and numerous food-grade certifications. The property's location in Wood County, Wisconsin, at 100 Wisconsin River Dr, 54469, offers excellent access to transportation networks. This is a rare opportunity to acquire a high-performing, fully leased industrial asset with significant long-term growth potential. The below-market lease rate of $2.74 per square foot, with 2% annual escalations, further enhances the investment's attractiveness.
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
- Port Edwards
- County
- Wood
- State
- Wisconsin
- Longitude
- -89.8622233
- Latitude
- 44.3387418