6701 Ryan Rd, Franklin, WI 53132-9568
This exceptional industrial warehouse property, located at 6701-6705 W. Ryan Road in Franklin, Wisconsin, offers a compelling investment opportunity. The 20,987 square foot building sits on a 6.89-acre lot and boasts a 16-foot ceiling height. Constructed in 1993 and extensively renovated in 2022, the property includes a 1,044 square foot office space, perfectly suited for owner-occupiers. The warehouse features two loading docks, a drive-through bay, and multiple drive-in doors (specifications vary). The property benefits from excellent visibility on Ryan Road and includes hydronic floor heat. Four holding tanks were recently replaced. Current income is in place, with a lease structure of NNN at $2.50 per square foot, including a 3% property management fee. A portion of the land (0.49 acres) is also available for expansion. The property is currently partially leased, with 10,157 square feet occupied and 10,800 square feet available. The asking price is $3,350,000. This property presents a rare combination of modern amenities, functional design, and a prime location in Milwaukee County, Wisconsin.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.