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10400 N Enterprise Dr 128,028 SF Industrial Building Mequon, WI 53092 For Sale
Investment Highlights
- Fully leased Class A industrial/office facility totaling 128,028 SF with a long-term single tenant commitment.
- Lease term runs through August 31, 2033, with 3% annual rental escalations and one five-year renewal option at market rates.
- Secure income stream with a Single Net lease structure and landlord reimbursement for major mechanical and roof costs amortized over useful life.
- Situated on 9.65 acres in Mequon Business Park, featuring 198 parking spaces, 24’-28’ clear heights, and robust 1200A/480V power capacity.
Executive Summary
Transwestern is proud to present the exceptional investment opportunity to purchase a 128,028 SF Class A industrial/manufacturing facility located in Mequon, Wisconsin. The
property is 100% leased by SPI Lighting, Inc. (SPI), a wholly owned subsidiary of the Bukas Lighting Group, Inc. SPI is a profitable and growing company with a 38-year tenure at the building.
property is 100% leased by SPI Lighting, Inc. (SPI), a wholly owned subsidiary of the Bukas Lighting Group, Inc. SPI is a profitable and growing company with a 38-year tenure at the building.
Property Facts
| Sale Type | Investment | Year Built | 1988 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.41/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 8 |
| Lot Size | 9.65 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 128,028 SF | Cross Streets | W Executive Dr |
| No. Stories | 2 | ||
| Zoning | B5 - Flex office/light industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 9.65 AC |
| Rentable Building Area | 128,028 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 1.41/1,000 SF |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | W Executive Dr |
| Zoning | B5 - Flex office/light industrial |
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 140271500200 | Improvements Assessment | $8,428,939 CAD |
| Land Assessment | $1,403,453 CAD | Total Assessment | $9,832,392 CAD |
Property Taxes
Parcel Number
140271500200
Land Assessment
$1,403,453 CAD
Improvements Assessment
$8,428,939 CAD
Total Assessment
$9,832,392 CAD
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10400 N Enterprise Dr
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