4155 Old Town Hall RdEau Claire, WI 54701

Property Details for 4155 Old Town Hall Rd

Year built

2023

Lot size

10.00 AC

Property type

Industrial properties

Property subtype

Self storage facilities

Description

This exceptional Class A self-storage facility, completed in August 2024, presents a compelling value-add investment opportunity. Located at 4155 Old Town Hall Rd, Eau Claire, WI 54701, this property boasts 100,700 net rentable square feet across 16 buildings and 593 units. The asking price is $6,999,000, translating to $69 per square foot and $11,802.70 per unit. The property sits on a 10-acre lot with Commercial zoning and enjoys high visibility from Interstate 94, ensuring excellent accessibility and exposure. With a pro-forma NOI of $649,900 and a pro-forma cap rate of 9.29%, this investment offers significant potential for return. Enhanced security features include over 20 security cameras and separate in/out gates. The property benefits from a large potential customer base, with over 100,000 people residing within a 10-mile radius. A recent valuation, assuming 100% occupancy, estimates the property's worth at approximately $10,400,000 at a 7% cap rate. This is a rare opportunity to acquire a brand-new, high-performing self-storage asset in a thriving Wisconsin market.

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.763

Longitude

-91.4436

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