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EquipmentShare N59W13449 Manhardt Dr 13,455 SF Flex Building Menomonee Falls, WI 53051 $6,536,990 CAD ($485.84 CAD/SF) 6.15% 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 13,455 square feet constructed on 5 acres. This is an ideal investment for a covered land play or outdoor storage investors.
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 an American construction equipment rental, sales, and technology company founded in 2015 by brothers Jabbok and Willy Schlacks in Columbia, Missouri. As of 2025, EquipmentShare operates 326 locations across 44 U.S. states, having expanded rapidly with 60 new sites in 2024 and employing over 6,900 people. The company offers equipment rental, retail, and service solutions, supported by its proprietary T3 cloud-connected platform that manages over 273,000 assets and processes more than 8 billion data points monthly for enhanced visibility and efficiency. Recent developments include a $100 million Technology and Development Center opened in Columbia to create 500 jobs, a $3 billion credit facility secured in 2023, and considerations for an initial public offering as early as 2025.
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 an American construction equipment rental, sales, and technology company founded in 2015 by brothers Jabbok and Willy Schlacks in Columbia, Missouri. As of 2025, EquipmentShare operates 326 locations across 44 U.S. states, having expanded rapidly with 60 new sites in 2024 and employing over 6,900 people. The company offers equipment rental, retail, and service solutions, supported by its proprietary T3 cloud-connected platform that manages over 273,000 assets and processes more than 8 billion data points monthly for enhanced visibility and efficiency. Recent developments include a $100 million Technology and Development Center opened in Columbia to create 500 jobs, a $3 billion credit facility secured in 2023, and considerations for an initial public offering as early as 2025.
PROPERTY FACTS
| Price | $6,536,990 CAD | Rentable Building Area | 13,455 SF |
| Price Per SF | $485.84 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2004 |
| Cap Rate | 6.15% | 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 | $6,536,990 CAD |
| Price Per SF | $485.84 CAD |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| 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 | $1,816,222 CAD |
| Land Assessment | $975,232 CAD | Total Assessment | $2,791,454 CAD |
PROPERTY TAXES
Parcel Number
MNFV-0099-999-011
Land Assessment
$975,232 CAD
Improvements Assessment
$1,816,222 CAD
Total Assessment
$2,791,454 CAD
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EquipmentShare | N59W13449 Manhardt Dr
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