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Property profile & analytics
FOR SALE
Industrial properties

2030 Young St East Troy, WI 53120

5 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US92-1011566
Property summary
AI-generated overview

This exceptional investment opportunity presents a 34,226-square-foot single-tenant industrial property located at 2030 Young Street in East Troy, Wisconsin, 53120. The property, built in 1973 and renovated in 1998, boasts a 17-foot ceiling height and features a single, one-story building situated on a parcel zoned M2. Currently occupied at 100% capacity by Thistle Molded Group under a Net Lease (NNN) agreement, the tenant recently renewed their lease for a full 10-year term, providing significant lease stability and a predictable income stream. The lease includes rent bumps, further securing future returns. The property offers 63 parking spaces for employees and visitors. This Class C industrial building provides a strong 8.00% cap rate on the asking price of $2,750,000. The long-term lease, coupled with the tenant's established presence in the molded plastics industry, makes this a low-management, high-return investment opportunity. The property's strong financial performance and secure tenancy make it an attractive addition to any portfolio.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 5 ac (217,800 SF)
APN RXUP 00209B1
UPID US92-1011566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Moxness Products, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
2030 Young Street LLC · 17 yrs held
2030 Young Street LLC
since 2009
1 recorded transaction
2009
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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