1045 Hickory StPewaukee, WI 53072

Property Details for 1045 Hickory St

Lot size

10.00 AC

Property size (Sq ft)

214,745 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

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.

Location Insight

City

Pewaukee

County

Waukesha

State

Wisconsin

Latitude

43.0787

Longitude

-88.2444

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