150 Holy Hl Rd Twin Lakes, WI 53181-9670
- Manufacturing properties
- 13.71 lot acres
Current Use by Public Records
- Allied Plastics LLC / Plastic Fabrication Company
Property Details for 150 Holy Hl Rd
- Lot size
- 13.71 lot acres
- Property type
- Manufacturing properties
- APN
- 85-4-119-164-3502
- APU
- 8541191643502
Description
This exceptional investment opportunity presents a 223,884-square-foot industrial distribution facility located at 150 Holy Hill Rd, Twin Lakes, Wisconsin 53181. The property, built in 1988 and extensively renovated in 2020, sits on a generous 18.32-acre lot. Currently occupied by Allied Plastics under a 15-year absolute triple-net (NNN) lease, with 12 years remaining, the lease commenced December 1, 2021, and expires December 1, 2036. The annual net operating income (NOI) is $1,067,742, representing a 6.50% cap rate on the asking price of $16,426,800 ($73.37 per square foot). The lease includes a five-year renewal option with a 2.50% annual rent increase throughout the base term and option period. This mission-critical headquarters facility benefits from a strategic location in the heart of North America, providing easy access to a significant blue-chip customer base. A recent expansion added approximately 20% more manufacturing space. This is a rare opportunity to acquire a stable, high-performing industrial asset with significant long-term growth potential. The property offers a secure, long-term investment with a strong tenant and attractive financial metrics.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Twin Lakes
- County
- Kenosha
- State
- Wisconsin
- Longitude
- -88.2534
- Latitude
- 42.5393
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
