- For Sale $3,065,000
- Property Type Industrial - Warehouse/Distribution
- Year Built 1998
- Date Updated May 1, 2024
Colliers is pleased to present for sale this single-tenant, fully-leased industrial investment opportunity located in Withee, Wisconsin. Wakefield Midwest, Inc. has leased this property since 2010 while recently agreeing to a five-year lease extension until December of 2029. This facility is mission critical to Wakefield Midwest, as is indicated by their willingness to significantly increase rent in the recent renewal negotiations. This facility is ideally constructed for Wakefield’s aluminum extrusion process.
Price:
$3,065,000
Cap Rate:
8.5%
Size:
54,765 SF
Price per SF:
$55.97
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Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Andy Lubinski
Ethan Haglund
Aaron Whitmore
Justin Felix
Location
Getting Around
-
Walk Score ®
16/100
Car-Dependent
-
Bike Score ®
58/100
Bikeable
- City Withee, WI
- Neighborhood Withee
- Zip Code 54498
Points of Interest
-
BP
9.84 miles
-
McDonald's
9.84 miles
-
Thorpedo Family Restaurant
9.85 miles
-
Derrico Logistics LLC
8.46 miles
Frequently Asked Questions
What is the lease rate for 511 Progress St, Withee, WI?
Rental asking rate at 511 Progress St, Withee, WI is $1,532,500.00/YR.
What is the total square footage of 511 Progress St, Withee, WI?
511 Progress St, Withee, WI totals 54,765 square feet.
When was this property built?
511 Progress St, Withee, WI was built in 1998.
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