210 Slinger RdSlinger, WI 53086

Property Details for 210 Slinger Rd

Lot size

2.42 AC

Property type

Industrial properties

Property subtype

Other industrial properties

APN

V5 -032000E

APU

V5032000E

Description

This exceptional investment opportunity presents a 29,230-square-foot industrial property located at 210 Slinger Rd, Slinger, WI 53086. The property, built in 1986, is a single-story, Class B building situated on M1-zoned land and features four loading docks and 24-foot ceiling heights. Currently 100% occupied by a single tenant under a 10-year net lease commencing June 1, 2024, this investment offers significant long-term stability. The lease includes annual rent bumps tied to the CPI index, ensuring consistent income growth. The tenant is a subsidiary of Walter AG, a globally recognized leader in the metalworking industry, providing exceptional creditworthiness and a secure investment. The property boasts 40 parking spaces and is well-maintained, promising a low-maintenance investment. With a 7.08% cap rate and an asking price of $1,995,000, this is a compelling opportunity for investors seeking strong returns and long-term stability in the industrial real estate market. The property's strategic location in Washington County, Wisconsin, further enhances its appeal.

• Alternative Use

  Use

  Valuation

  Residential

  $21,786,528

  Hospitality

  $19,956,344

  Educational

  $16,603,443

  Medical

  $17,174,462

  Retail

  $25,827,578

Location Insight

City

Slinger

County

Washington

State

Wisconsin

Latitude

43.3292

Longitude

-88.2794

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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