Multi-Tenant Industrial Building – West Bend, WI- $585,000
***Property Sold*** Fully leased multi-tenant flex building with a high rate of return! This building has an eye popping current cap rate at 9.3%. The property also works great as an owner-occupied investment. An owner occupant can stay in this building for virtually FREE and have the tenants pay the mortgage with the additional cash flow from the tenant occupied units. Tenants are recession and internet resistant.
This five-tenant building has massive electrical power with 3 phase service to the building. The building’s large parking lot and overhead doors add additional value and desire to this spectacular investment. Parking ratio is 2.75 stalls/1,000 square feet.