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W246S3255 Industrial Ln 14,000 SF 100% Leased Industrial Building Waukesha, WI 53189 $1,998,303 CAD ($142.74 CAD/SF) 7.93% Cap Rate



Investment Highlights
- Two dock doors and three drive-in doors offer flexible loading options for diverse industrial operations.
- Epoxy coating applied to the warehouse floor in Unit A enhances durability and functionality.
- Municipal water and sewer service support efficient operations and tenant convenience.
- Recently updated with a newer roof, upgraded mechanical systems, and modern office finishes.
- Situated on 1.2 acres with easy access to major bypass routes, ensuring excellent connectivity.
- Currently occupied by two tenants, providing income stability with below-market rent for Unit B.
Executive Summary
This 14,000-square-foot industrial/flex building is available for sale in Waukesha, Wisconsin, offering a versatile layout well-suited for multi-tenant occupancy. Situated on 1.2 acres with convenient access to the bypass, the property provides a functional blend of warehouse and office space with clear heights ranging from 15 to 17 feet. It features two dock doors and three drive-in doors, ensuring efficient loading capabilities for a range of operational needs. Constructed with durable metal materials and built in 1981, the building has recently received substantial updates including a newer roof, upgraded mechanicals, and refreshed office finishes. Tenants and visitors benefit from five restrooms spread throughout the premises, as well as an epoxy-coated warehouse floor in one of the units, enhancing durability and cleanliness. Currently occupied by two tenants, the property presents a strong investment opportunity with stable income and potential for long-term upside. Zoned I-1 for limited industrial use and supported by municipal water and sewer services, this asset is positioned in a thriving industrial corridor that provides both accessibility and operational efficiency.
Property Facts
| Price | $1,998,303 CAD | Rentable Building Area | 14,000 SF |
| Price Per SF | $142.74 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1981 |
| Cap Rate | 7.93% | Parking Ratio | 1.04/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 17’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.20 AC | ||
| Zoning | I-1 - Light Industrial | ||
| Price | $1,998,303 CAD |
| Price Per SF | $142.74 CAD |
| Sale Type | Investment |
| Cap Rate | 7.93% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 14,000 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 1.04/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-1 - Light Industrial |
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Utilities
- Water - City
- Sewer - City
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WAKT-1354-968-001 | Improvements Assessment | $497,383 CAD |
| Land Assessment | $172,145 CAD | Total Assessment | $669,528 CAD |
Property Taxes
Parcel Number
WAKT-1354-968-001
Land Assessment
$172,145 CAD
Improvements Assessment
$497,383 CAD
Total Assessment
$669,528 CAD
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