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EquipmentShare N59W13449 Manhardt Dr 13,455 SF Flex Building Menomonee Falls, WI 53051 $6,287,201 CAD ($467.28 CAD/SF) 6.25% Cap Rate



Investment Highlights
- Positioned within the Milwaukee MSA – Ranked #40 in the United States for population size
- Significant 3% annual rental escalations
- Affluent community - $167,000+ average household income within one mile
- New 7-year lease
- 5+ acre site | paved and fenced storage area| masonry construction | 5 drive-in doors
- Over 178,000 people live within a five-mile radius
Executive Summary
The Boulder Group is pleased to exclusively market for sale a single tenant net leased EquipmentShare property located in Menomonee Falls, Wisconsin within the Milwaukee MSA. EquipmentShare recently signed a 7-year lease through September 2032. The lease features 3% annual rental escalations and one 7-year renewal option. The site is comprised of two buildings totaling 13,442 square feet constructed on 5 acres. This is an ideal investment for a covered land play or outdoor storage investors. Additionally, EquipmentShare completed its initial public offering on January 23, 2026, and now trades on the NASDAQ as “EQPT.”
The 5-acre IOS property is strategically located just one mile east of Interstate 41, which sees a daily traffic volume of 139,000 vehicles. Within a 5-mile radius, the property is surrounded by a population of over 178,000. The immediate 1-mile radius features an affluent community with an average household income exceeding $167,000. Neighboring industrial tenants include Cargill Cocoa & Chocolate, MillerCoors, GXO, JAX INC, ANIXTER, and others. The property is situated in Menomonee Falls, Wisconsin, home to nationally recognized brands like Kohl’s, Harley-Davidson, and Milwaukee Tool. The property is approximately 20 minutes northwest of downtown Milwaukee.
EquipmentShare is a U.S.-based construction technology and equipment rental company founded in 2015 and headquartered in Columbia, Missouri, that provides heavy equipment rentals, sales, and data-driven ?eet management solutions to contractors nationwide. The company has built a digital-?rst platform centered on its proprietary T3 operating system, which integrates telematics, real-time tracking, and analytics to improve jobsite efficiency and equipment utilization. After rapid revenue growth and national expansion, EquipmentShare priced its initial public offering in January 2026, raising approximately $747 million and achieving a market valuation of about $7 billion on its debut.
The 5-acre IOS property is strategically located just one mile east of Interstate 41, which sees a daily traffic volume of 139,000 vehicles. Within a 5-mile radius, the property is surrounded by a population of over 178,000. The immediate 1-mile radius features an affluent community with an average household income exceeding $167,000. Neighboring industrial tenants include Cargill Cocoa & Chocolate, MillerCoors, GXO, JAX INC, ANIXTER, and others. The property is situated in Menomonee Falls, Wisconsin, home to nationally recognized brands like Kohl’s, Harley-Davidson, and Milwaukee Tool. The property is approximately 20 minutes northwest of downtown Milwaukee.
EquipmentShare is a U.S.-based construction technology and equipment rental company founded in 2015 and headquartered in Columbia, Missouri, that provides heavy equipment rentals, sales, and data-driven ?eet management solutions to contractors nationwide. The company has built a digital-?rst platform centered on its proprietary T3 operating system, which integrates telematics, real-time tracking, and analytics to improve jobsite efficiency and equipment utilization. After rapid revenue growth and national expansion, EquipmentShare priced its initial public offering in January 2026, raising approximately $747 million and achieving a market valuation of about $7 billion on its debut.
Property Facts
| Price | $6,287,201 CAD | Rentable Building Area | 13,455 SF |
| Price Per SF | $467.28 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2004 |
| Cap Rate | 6.25% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 14.94/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 17’4” |
| Building Class | B | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 5.59 AC | ||
| Zoning | I-1 - Light Industrial | ||
| Price | $6,287,201 CAD |
| Price Per SF | $467.28 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 5.59 AC |
| Rentable Building Area | 13,455 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
| Parking Ratio | 14.94/1,000 SF |
| Clear Ceiling Height | 17’4” |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | I-1 - Light Industrial |
Amenities
- Fenced Lot
- Security System
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- EquipmentShare
- -
- -
- -
- Sep 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| EquipmentShare | - | - | - | Sep 2032 |
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Property Taxes
| Parcel Number | MNFV-0099-999-011 | Improvements Assessment | $1,757,360 CAD |
| Land Assessment | $943,626 CAD | Total Assessment | $2,700,986 CAD |
Property Taxes
Parcel Number
MNFV-0099-999-011
Land Assessment
$943,626 CAD
Improvements Assessment
$1,757,360 CAD
Total Assessment
$2,700,986 CAD
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EquipmentShare | N59W13449 Manhardt Dr
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