4155 Old Town Hall Rd - Eau Claire | $7,499,000
Prime Industrial Investment Opportunity
Location: 4155 Old Town Hall Rd, Eau Claire, WI 54701
Property Type: Self Storage
Subtype: Mini Warehouse
Investment Type: Value Add
Class: A
Tenancy: Multi
Rentable Square Footage: 101,100
Price/Sq Ft: $74
Pro-Forma Cap Rate: 9.29%
Pro-Forma NOI: $734,076
Units: 624
Year Built: 2023 - 2024
Buildings: 16
Zoning: Commercial
Lot Size (acres): 10 acres
Broker Co-Op: Yes
Description: Are you seeking a lucrative investment? Look no further! This brand-new facility has a projected valuation of approximately $10.4 million at a 7% CAP when fully occupied. It covers 101,100 RSF and has 624 units across 16 buildings offering ample space for tenants’ storage needs. With a surrounding population of over 100,000 people within a 10-mile radius, this facility is strategically positioned. Visibility from Interstate 94 ensures convenient access for tenants and potential customers. Tenant safety is a priority with separate entrance/exit gates and over 20 security cameras on site. In summary, 4155 Old Town Hall Rd’s strategic location ensures convenience, visibility, and market appeal. Investors should explore this thriving venture!
Purchase Price: $7,499,000
