24,280-SF Warehouse 1400 E High St 24,280 SF Industrial Building Milton, WI 53563 $3,662,400 CAD ($150.84 CAD/SF)

Secure a premier, value-add industrial acquisition in Rock County with the turnkey distribution facility at 1400 E High Street in Milton, Wisconsin. Strategically positioned for regional distribution, this rare offer provides the perfect choice for manufacturing, warehousing, and distribution businesses, with significant upside potential for investors.

The high-quality 24,280-square-foot industrial building is move-in ready and features a bright, modern 2,100-square-foot office space that allows for a professional front-of-house presence. The warehouse features a columnless design and is built for efficiency, boasting three access doors and a clear height of 18 feet at the peak. Furthermore, the entire facility is upgraded with energy-efficient LED lighting. Situated on a 4.09-acre lot, the property provides ample parking, and the expansive site includes room for future expansion, providing long-term growth potential for the tenant.

1400 E High Street is ideally situated within the robust Milton industrial corridor, offering immediate operational advantages and excellent logistics access. The property offers easy access to the WI 26 Highway bypass, with convenient connections to Highway 59, as well as Interstates 90 and 43. These vital thoroughfares allow businesses to reach Downtown Milwaukee in 63 miles and Milwaukee Mitchell International Airport in 60 miles. This central location allows tenants to serve surrounding smaller markets such as Madison and Rockford, as well as major metropolitan hubs like Milwaukee and Chicago.

Benefitting investors, 1400 E High Street enjoys prime placement within the Rock County Industrial Submarket. Currently, vacancies in the region sit at just 2.5%, representing elevated demand for quality industrial space like the subject property. Leveraging this outsized demand, a new owner will be able to quickly tenant the property and capitalize on growing local rents, with a five-year annual average rent growth sitting above 5.6%. Once stabilized, investors will be able to quickly offload the property and capture the added value thanks to the submarket's excellent liquidity, offering 12 sales and $58.1 million in sales volume during the past 12 months.

Both growing businesses and savvy investors will find the perfect acquisition, offering a turnkey industrial facility with a well-connected location in a tight submarket, at 1400 E High Street. Reach out to the Coldwell Commercial McGuire Mears & Associates team today to schedule a tour and learn more about this incredible offer.