55,000 sq. ft. Industrial Contiguous to Oshkosh Corp.

Industrial for Sale
Catylist Listing ID: 29927922
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 55,886 SF
Gross Building Area: See Agent
Sale Price: $2,400,000
Unit Price: $42.94 PSF
Ceiling: 22 ft.
Docks/Doors: 5 Docks, 5 Doors
Office SF: 5,000 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/31/2017

Overview / Comments

SALE – TEMPORARY LEASE BACK: All interested parties be aware ANY SALE will be subject to the Seller leasing the subject property post-sale for a time deemed sufficient for Seller to construct a replacement facility at the site of Seller’s sister facility in Little Chute, WI. All terms and conditions of the lease shall be acceptable to Seller and Buyer and agreed as part of the Offer to Purchase.

The property is currently used as the warehouse and distribution center for a variety of beer, wine and liquor products to retailers throughout the City of Oshkosh and several satellite communities. The total building is over 55,000 sq. ft. And, with 4.08 acres of land, there is room for building expansion.

Additional Details

Nearest MSA: Oshkosh-Neenah
County: Winnebago
Taxing Authority: City of Oshkosh
Highway Access: Interstate 41 is about 2 miles west. State Road 45 is about 1/4 mile north and east.
Airports: 1/2 mile (or less) away
Site Description: Lot Size 445’ (f) x 400’ (d) = 178,000 sq. ft. or 4.086 Acres. Topography: The lot is generally level and approximately level with the center line of the street on which it fronts. Drainage Drainage appears to be adequate from within the subject property lines and from without. Utilities/Service: Municipal sewer, water, commercial natural gas and electric are all available to the subject property.
Area Description: Industrial community contiguous to Oshkosh Corporation Main Plant
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 55,886 SF
Property Condition: Good
Construction/Siding: Steel Frame
Exterior Description: Metal and Brick
Parking Type: Surface
Parking Description: On-site parking for employees and distribution vehicles.
Eave Height: 22
Sprinklers: None
Amps: 600
X-Phase: 120/208 Three Phase
Heat Source: Central, Ceiling Units
Zoning Description: Zoning City of Oshkosh: M-3, Commercial Class. County Airport Zoning: Air-3 (Max. Bldg Height = 48 ft.)
Lot Frontage: 445
Lot Depth: 400
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,706 37,228 69,870
Median Age: 42.32 35.66 37.2
Households: 2,186 15,320 28,817
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