4645 Highway 138/Highway 14

$10,200,000

4645 Highway 138/Highway 14

18 Acres

Description

This prime 18-acre real estate asset, developed from 2022 to 2024, features two state-of-the-art buildings: a 21,000 sq. ft. retail and manufacturing facility with a clean room and all the new technology available, and a 21,000 sq. ft. food manufacturing space, both under NNN leases with 3% escalations. Additionally, there are 46 outdoor parking spaces and 36,800 sq. ft. of mini and RV storage units, which are already at 80% occupancy. Located at the crossroads of Hwy 14 & Hwy 138, this property offers 3-4 acres for future expansion and currently boasts an 8.25% cap rate, with potential for further improvement as the storage units fill.

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Location

4645 Highway 138/Highway 14, Oregon, WI 53575

Status

Sold

Lindsay Koth

TITLE

Principal + Broker

PHONE

(608) 469-3609

[email protected]

CONTACT AGENT

Property Amenities

Area & Lot

Lot Area 18 Acres

MLS® ID 1981330

Type Commercial

Status Sold

Exterior

Stories 1

Air conditioning Central Air

Heat type Electric, Heat Pump, Propane

Water Source Well, Private

Finance

Sales Price $10,200,000

Real Estate Tax $38,122 yearly

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$10,200,000

4645 Highway 138/Highway 14

Description

Share Property

Location

Status

Lindsay Koth

Property Amenities

Area & Lot

Exterior

Finance

Partner in Success

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Contact Details