Industrial Investment Property – Long-Term Tenants

Two Rivers, WI
Manitowoc County

1911 Columbus St

Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Commercial Real Estate: Industrial, Warehouse

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RE: Industrial Investment Property – Long-Term Tenants Broker: Darren Harrington
License #: 86015-94

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 563810986
Broker Reference #: C2188d

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Business Overview:

Within the City of Two Rivers in Manitowoc County, this industrial opportunity has been anchored as a successful and vibrant property since 1978. The building features 78,000 square feet of manufacturing space and 4,500 square feet of office space.

Between 2008 and 2015 a new roof has been installed on the north portion, south portion and office area. This very well-maintained steel construction building is wet sprinkler fire suppressed, as well. Two reliable long-term tenants currently occupy the building and have recently renewed their leases. This is an excellent property to add to your industrial portfolio.

Tenant 1
43,000 square feet, 5 triple-net lease.
$3.25 / square foot 2019 - starting in April. Old rate Jan-March.
3% escalator / year

Tenant 2
39,500 square feet, 10 triple-net lease.
$3.25 / square foot 2019
3% escalator / year

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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