20711 Watertown Rd Waukesha, WI 53186

This exceptional investment opportunity presents a 49,200 square foot multi-tenant industrial building located at 20711 Watertown Road, Vernon, Wisconsin 53186, in Waukesha County. The property boasts a strong net operating income (NOI) of $430,266, yielding a 7.80% capitalization rate at an asking price of $5,500,000. The building is currently 100% occupied, offering immediate cash flow and potential for future appreciation. The versatile space is suitable for a variety of uses, including flex, medical office, and warehouse tenants. Key features include a 14-foot ceiling height, 100% air conditioning, and ample parking. Recent improvements include a roof replacement in 2018, repaved parking lot, new landscaping, and stucco facade repair and painting. The property's diverse tenant mix provides stability and allows for owner-user occupancy or tenant reconfiguration to meet evolving market demands. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a desirable Wisconsin location. The property's strong financials and recent upgrades make it an attractive investment for both seasoned and emerging investors. The building's flexible layout and prime location offer significant long-term growth potential.