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1940 Jefferson St 150,390 SF 100% Leased Industrial Building Wisconsin Rapids, WI 54495 $9,247,488 CAD ($61.49 CAD/SF) 8.25% Cap Rate
Investment Highlights
- New 3-year NNN lease providing immediate cash flow
- Functional distribution facility with dock-high loading and ample truck court
- Short-term lease at below market rent provides both strong in-place yield and near-term upside
- Attractive annual rent of $550,000 with 2.5% annual escalations
- Positioned within an established industrial corridor in Wood County
Executive Summary
Colliers is pleased to present the opportunity to acquire a 150,390 SF single-tenant industrial facility in Wisconsin Rapids, WI. The property is 100% leased to WSI on a new 3-year NNN lease with 2.5% annual escalations, providing immediate cash flow and a strong going-in yield.
The in-place lease rate of $3.65/SF is below market, creating a clear opportunity for rent growth at expiration. The short-term lease structure offers flexibility to renew or reposition, allowing investors to capture upside while benefiting from stable in-place income.
The asset is a functional distribution facility with 14 dock doors, 19’–21’ clear heights, and ample trailer parking,located within an established industrial corridor serving Central Wisconsin.
The in-place lease rate of $3.65/SF is below market, creating a clear opportunity for rent growth at expiration. The short-term lease structure offers flexibility to renew or reposition, allowing investors to capture upside while benefiting from stable in-place income.
The asset is a functional distribution facility with 14 dock doors, 19’–21’ clear heights, and ample trailer parking,located within an established industrial corridor serving Central Wisconsin.
Property Facts
| Price | $9,247,488 CAD | Lot Size | 9.30 AC |
| Price Per SF | $61.49 CAD | Rentable Building Area | 150,390 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 8.25% | Year Built | 1969 |
| Property Type | Industrial | Clear Ceiling Height | 21’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 14 |
| Building Class | B |
| Price | $9,247,488 CAD |
| Price Per SF | $61.49 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 8.25% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 9.30 AC |
| Rentable Building Area | 150,390 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Clear Ceiling Height | 21’ |
| No. Dock-High Doors/Loading | 14 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 34-00711 | Improvements Assessment | $3,538,742 CAD |
| Land Assessment | $158,172 CAD | Total Assessment | $3,696,914 CAD |
Property Taxes
Parcel Number
34-00711
Land Assessment
$158,172 CAD
Improvements Assessment
$3,538,742 CAD
Total Assessment
$3,696,914 CAD
Contacts
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Andrew Lubinski -
Justin Felix -
Aaron Whitmore -
Ethan Haglund -
Trevor Brandvold -
CBRE, Inc.
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1940 Jefferson St
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