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355 Byrd Ave
Neenah, WI 54956
Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

  • Income Producing leased to single tenant
  • Majority of roof recently replaced
  • Canadian Pacific rail spur (currently inactive)
  • 25’ – 30’ clear heights
  • 16 dock doors, 1 grade-level door
  • Site Size: 15.6 acres plus 2 acres of parking lot

EXECUTIVE SUMMARY

Colliers is pleased to offer for investment sale this 369,545 SF distribution facility at 355 Byrd Ave, Neenah, WI. This high-quality industrial asset spans 15.6 acres and presents a compelling opportunity to acquire a net-lease investment with durable cash flowtoday and embedded upside through below-market rents and future mark-to-market.
The facility is 91.5% leased to Trilliant Food & Beverage, which recently amended its lease and executed a three-year extension through May 31, 2030. Trilliant occupies the entire building except the office portion, creating a value-add opportunity to lease theoffice, recover OPEX, and increase cash flow. We are marketing on a June 2026 base-rent NOI of $1,238,480, adjusted for any lost NOI attributable to the office OPEX vacancy. Trilliant also operates nearby locations, underscoring this asset’s mission-critical role and strong occupancy continuity.
Neenah is located just 39 miles from Green Bay, 100 miles from Milwaukee, and 188 miles from Chicago. The market benefits from proximity to major population centers and labor pools and reflects a current vacancy of approximately 4% with average askingrents of $5.97/SF NNN (per CoStar).
This is a rare opportunity to acquire a stabilized, mission-critical industrial investment with in-place income, annual rent growth, and meaningful long-term upside in a strategic Upper Midwest location. Please contact a member of the team for additional information.

PROPERTY FACTS

Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 15.60 AC
Rentable Building Area 369,545 SF
No. Stories 2
Year Built/Renovated 1979/1994
Parking Ratio 0.54/1,000 SF
Clear Ceiling Height 30’
No. Dock-High Doors/Loading 16
No. Drive In / Grade-Level Doors 1
Zoning HI - Heavy Industrial

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting - Metal Halide
  • Gas
  • Water - City Water
  • Sewer
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-0577-0000
Land Assessment
$973,525 CAD
Improvements Assessment
$14,313,293 CAD
Total Assessment
$15,286,818 CAD
  • Listing ID: 33157248

  • Date on Market: 2024-09-12

  • Last Updated:

  • Address: 355 Byrd Ave, Neenah, WI 54956

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