For Sale
$12,450,000

1045 Hickory St Pewaukee, WI 53072

High-yield industrial warehouse, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 214,745-square-foot warehouse, situated on a 10-acre lot in Pewaukee, Wisconsin, presents a compelling investment opportunity. Boasting a strong 7.31% cap rate and a substantial net operating income (NOI) of $847,936, this single-story building is zoned B5 Light Industrial, offering significant flexibility for various industrial uses. The property features four dock-high doors, providing efficient loading and unloading capabilities, complemented by additional drive-in doors. Ample parking is available with 351 spaces. Its strategic location within approximately one mile of Highway 16 and Capitol Drive/Highway 190 ensures convenient access to major transportation routes. The property also includes valuable outside storage space and benefits from its proximity to numerous amenities and shopping centers. The property's APN is PWV0903996001 and the asking price is $12,450,000. This is a rare opportunity to acquire a high-performing industrial asset in a desirable location. The property's size, features, and location make it an ideal investment for discerning buyers seeking strong returns and long-term growth potential.

Highlights

  • 7.3% Cap Rate
  • Four dock-high doors with levelers and three drive-in doors
  • Excellent highway access: within one mile of Hwy 16 and Capitol Dr/Hwy 190
  • Ample outside storage available
  • Prime location near numerous amenities and shopping centers

Property Details for 1045 Hickory St

Property type
Warehouses, Industrial properties
Square Feet
214,745 SF
Stories
1
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Pewaukee
County
Waukesha
State
Wisconsin
Latitude
43.0787401
Longitude
-88.244445

FAQs

What type of property is this?
Warehouse - High-yield industrial warehouse, excellent location.
Where is the warehouse located?
The property is located at 1045 Hickory St Pewaukee, WI.
What is the asking price?
The asking price for this property is $12,450,000.
What are key features of this property?
This property features: 7.3% Cap Rate; Four dock-high doors with levelers and three drive-in doors; Excellent highway access: within one mile of Hwy 16 and Capitol Dr/Hwy 190
How can I contact the broker?
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1045 Hickory St
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