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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

Property Facts

Price $4,906,584 CAD
Price Per SF $160.28 CAD
Sale Type Investment
Cap Rate 7.43%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 7.51 AC
Building Size 30,612 SF
No. Stories 1
Year Built 2010
Zoning LM - Limited Manufacturing

Property Taxes

Property Taxes

Parcel Number
T2-0460
Land Assessment
$139,838 CAD
Improvements Assessment
$1,914,931 CAD
Total Assessment
$2,054,768 CAD
  • Listing ID: 39770348

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 7579 Friendly Dr, Kewaskum, WI 53040

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