Listing courtesy of Applegate Inc.
You do not want to miss this exceptional investment opportunity in the Roberts, WI Industrial Park. This fully leased light industrial property features 26,240 SF plus 1,800 SF of mezzanine office space and is occupied by two established tenants with written leases and scheduled annual rental increases. Built in 2006 and situated on an oversized 6.4-acre lot, the building is separately metered, with tenants responsible for their own utilities and snow plow services. Each suite offers approximately 2,100 SF of office space and 11,000 SF of warehouse/manufacturing space. Features include multiple 14' high overhead drive-in doors, 15.5' clear warehouse height, boiler heat in production areas, and forced-air heating with central A/C in office spaces. Recent improvements include a newer parking lot, updated awnings, and replaced furnaces and A/C units. Three-phase power is available nearby. Landlord expenses are limited to property taxes, insurance, lawn care, and miscellaneous maintenance. Offered at a 7.3% CAP rate in the growing St. Croix County market.
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