Neenah Industrial for Sale
Industrial Buildings For Sale – Multi-Tenant Net Lease Investment Opportunity
Located at 729-884 Chapman Ave, Neenah, WI 54956, this exceptional industrial property offers a prime investment opportunity just 0.6 miles (3 minutes) from I-41 access. The site encompasses 165,569 SF of building space on approximately 5.38 acres, spread across multiple parcels (Parcel Numbers: 121-0741, 121-0736, 121-0737, 121-0744, 121-0742 & 121-0731 [portion]). Zoned I-2 Heavy Industrial District, the property features versatile building sections with varying clear heights, making it suitable for a range of industrial uses.
Key amenities include (8) 10’x10’ loading docks, (2) 8’x8’ loading docks, and (2) 8’x10’ overhead doors, ensuring efficient logistics and distribution capabilities. The property benefits from a strong income profile with a 7.41% cap rate, 2024 taxes totaling $44,153, and a competitive sale price of $5,900,000. This multi-tenant configuration provides stability and long-term value for investors seeking a well-located industrial asset in a thriving market.