Catylist ID: #30591276
61,000 sq ft Industrial
Industrial for Sale
|Catylist Listing ID:||30591276|
|Property Subtypes:||Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial|
|Building Size (RSF):||61,000 SF|
|Unit Price:||$34.43 PSF|
|Drive In Bays:||2 Bays|
|Property Use Type:||Investment, Vacant/Owner-User|
|Sale Terms:||Cash to Seller|
Overview / Comments
Bldg consists of about 61,100 sq ft. Bldg built about 1985. 8 overhead doors. Forced air gas and modine heaters. Bldg has central air except for warehouse area in the front North West area of Bldg. Lot depth is about 248 feet. Lot frontage is about 545 feet. CSM 6653 shows a driveway easement. Ceiling heights range from about 12 feet to 21 feet depending on the sections of the building. Quality Print part of bldg. has 5 bathrooms and Piper Electric part of building has 2 bathrooms. Rents are: Piper electric at $7,491 per month. Home Elements at $5,874 per month. Valley Plastics at $7,000 per month. Piper Electric is located on the South end of the building and is kind of a separate area of its own. Home Elements and Valley Plastics are located in the main part of the building and located to the North of Piper Electric.
Piper Electric originally occupied about 14,814 sq ft and recently took over another 3,400 sq ft which gives them a total sq ft of 18,214 sq ft. Piper took occupancy about Sept 2012. Rent for the period 1-1-20 thru 12-31-20 is at $7,491 per month and rent for the period 1-1-21 thru 12-31-21 is at $8,241 per month. Piper Electric space about 18,200 sq ft and Balance of bldg. is about 42,900 sq ft.The Piper Electric lease is not a net type lease. Piper Electric pays their own utility costs.
Landlord pays the real estate taxes, grass cutting and snow removal for the whole building.
Tax Key #: 02-1306-02-00.
Attachments & Media
|Property Located Between:||Just East of Hiwy 41 and South of Bell St|
|Highway Access:||Hiwy 41 & Bell St at the Breezewood Exit in Neenah.|
|Area Description:||Neenah South Industrial park.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Heat Type:||Natural Gas|
|Proximity:||1 mile||3 miles||5 miles|
Michael LawLaw Realty LLC
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