Log In/Sign Up
Your email has been sent.
7345 Friendly Dr 18,771 SF Specialty Building Offered at $4,906,584 CAD at a 7.43% Cap Rate in Kewaskum, WI 53040
Executive Summary
This is an assembly consisting of two sites with 163 storage units - 7345 Friendly Drive (88 units) and 7575 Friendly Drive (75 units) and one duplex (7575 Friendly Drive) and surplus land (7345 Friendly Drive) for more buildings.
7345 Friendly Drive consists of Four Buildings consisting with 88 storage units ( 20,600 rentable ft²) built in 1986, 1994, 1997, 200. Breakdown is as follows.
Building #1 (Built 1994): 4,960 SF
Building #2 (Built 1997): 3,200 SF
Building #3 (Built 1998/1999): 4,830 SF
Building #4 (Built 2000): 8,000 SF
Gross Building Area: 20,990 SF
LAYOUT:
Building #1 – Sixteen 10’ X 20’ Units & Four 10’ X 40’ Units
Building #2 – One 10’ X 10’ Unit, Twelve 10’ X 20’ Units, One 10’ X 30’ Unit & One 10’ X 40’ Unit
Building #3 – Eight 10’ X 10’ Units, Eight 10’ X 15’ Units, Six 10’ X 20’ Units, One 10’ X 30’ Unit & One 1,300 SF Unit
Building #4 – One 10’ X 10’ Unit, Sixteen 10’ X 20’ Units, One 10’ X 30’ Unit & Eleven 10’ X 40’ Units
The 7579 Friendly Drive site consists of six storage buildings (75 units) and one residential duplex totaling approximately 40,494 SF (40,494 rentable SF), constructed between 2006 and 2010. The buildings offer a diverse unit mix ranging from 12’×30’ to 16’×50’, including one 1,300 SF unit.
LAYOUT
• Building #1 - Fifteen 16’ x 50’ units.
• Building #2 - Twenty 12’x 30’ units.
• Building #3 - Fifteen 16’ x 50’ units.
• Building #4 – Seven 16’x 50’units
• Building #5 - Thirty-Six 10’ x 20’units
Building #6 - Shop - 1200 ft(2) 40' x 30'
Building # 7 - Residential Duplex
FOUNDATIONS: Poured Concrete Footings & Concrete Slabs on Grade
EXTERIOR WALLS: Metal Panel
ROOFS: Standing Seam & Asphalt Shingle
WINDOWS: None
Strong Local Demand Drivers supported by boat/RV ownership, expanding urban growth, and limited competing storage options in immediate trade area.
Value-Add Upside via rental rate increases, expanded outdoor storage, improved security features, and professional third-party management
7345 Friendly Drive consists of Four Buildings consisting with 88 storage units ( 20,600 rentable ft²) built in 1986, 1994, 1997, 200. Breakdown is as follows.
Building #1 (Built 1994): 4,960 SF
Building #2 (Built 1997): 3,200 SF
Building #3 (Built 1998/1999): 4,830 SF
Building #4 (Built 2000): 8,000 SF
Gross Building Area: 20,990 SF
LAYOUT:
Building #1 – Sixteen 10’ X 20’ Units & Four 10’ X 40’ Units
Building #2 – One 10’ X 10’ Unit, Twelve 10’ X 20’ Units, One 10’ X 30’ Unit & One 10’ X 40’ Unit
Building #3 – Eight 10’ X 10’ Units, Eight 10’ X 15’ Units, Six 10’ X 20’ Units, One 10’ X 30’ Unit & One 1,300 SF Unit
Building #4 – One 10’ X 10’ Unit, Sixteen 10’ X 20’ Units, One 10’ X 30’ Unit & Eleven 10’ X 40’ Units
The 7579 Friendly Drive site consists of six storage buildings (75 units) and one residential duplex totaling approximately 40,494 SF (40,494 rentable SF), constructed between 2006 and 2010. The buildings offer a diverse unit mix ranging from 12’×30’ to 16’×50’, including one 1,300 SF unit.
LAYOUT
• Building #1 - Fifteen 16’ x 50’ units.
• Building #2 - Twenty 12’x 30’ units.
• Building #3 - Fifteen 16’ x 50’ units.
• Building #4 – Seven 16’x 50’units
• Building #5 - Thirty-Six 10’ x 20’units
Building #6 - Shop - 1200 ft(2) 40' x 30'
Building # 7 - Residential Duplex
FOUNDATIONS: Poured Concrete Footings & Concrete Slabs on Grade
EXTERIOR WALLS: Metal Panel
ROOFS: Standing Seam & Asphalt Shingle
WINDOWS: None
Strong Local Demand Drivers supported by boat/RV ownership, expanding urban growth, and limited competing storage options in immediate trade area.
Value-Add Upside via rental rate increases, expanded outdoor storage, improved security features, and professional third-party management
Property Facts
| Price | $4,906,584 CAD | Building Class | C |
| Price Per SF | $261.39 CAD | Lot Size | 7.19 AC |
| Sale Type | Investment | Building Size | 18,771 SF |
| Cap Rate | 7.43% | No. Stories | 1 |
| Sale Condition | Bulk/Portfolio Sale | Year Built/Renovated | 1995/2001 |
| Property Type | Specialty | Parking Ratio | 0.53/1,000 SF |
| Property Subtype | Self-Storage | ||
| Zoning | Freeway Business - Property is zoned Freeway Interchange Business (FIB) district. | ||
| Price | $4,906,584 CAD |
| Price Per SF | $261.39 CAD |
| Sale Type | Investment |
| Cap Rate | 7.43% |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 7.19 AC |
| Building Size | 18,771 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2001 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | Freeway Business - Property is zoned Freeway Interchange Business (FIB) district. |
1 1
Property Taxes
| Parcel Number | T2-047600A | Improvements Assessment | $484,389 CAD |
| Land Assessment | $137,657 CAD | Total Assessment | $622,046 CAD |
Property Taxes
Parcel Number
T2-047600A
Land Assessment
$137,657 CAD
Improvements Assessment
$484,389 CAD
Total Assessment
$622,046 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7345 Friendly Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.