6701 Ryan RdFranklin, WI 53132

Property Details for 6701 Ryan Rd

Year built

1993

Lot size

6.20 AC

Property type

Commercial real estate

APN

898-9999-000

APU

8989999000

Description

This exceptional industrial warehouse property, located at 6701-6705 W. Ryan Road in Franklin, Wisconsin, offers a compelling investment opportunity. The 20,987 square foot building sits on a 6.89-acre lot and boasts a 16-foot ceiling height. Constructed in 1993 and extensively renovated in 2022, the property includes a 1,044 square foot office space, perfectly suited for owner-occupiers. The warehouse features two loading docks, a drive-through bay, and multiple drive-in doors (specifications vary). The property benefits from excellent visibility on Ryan Road and includes hydronic floor heat. Four holding tanks were recently replaced. Current income is in place, with a lease structure of NNN at $2.50 per square foot, including a 3% property management fee. A portion of the land (0.49 acres) is also available for expansion. The property is currently partially leased, with 10,157 square feet occupied and 10,800 square feet available. The asking price is $3,350,000. This property presents a rare combination of modern amenities, functional design, and a prime location in Milwaukee County, Wisconsin.

• Alternative Use

  Use

  Valuation

  Residential

  $55,798,852

  Hospitality

  $51,111,448

  Educational

  $42,524,124

  Medical

  $43,986,596

  Retail

  $66,148,640

Location Insight

City

Franklin

County

Milwaukee

State

Wisconsin

Latitude

42.8718

Longitude

-87.9995

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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