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2200 Plover Rd

61,424 SF Industrial Building Plover, WI 54467 $2,250,000 ($37/SF) 8% Cap Rate

Industrial Properties Wisconsin Plover 2200 Plover Rd, Plover, WI 54467

Investment Highlights

  • 10-Year Lease with Strong National Tenant: Recently extended lease with US LBM Holdings, LLC, a leading building materials distributor with 400+ loc
  • Long-Standing Site History and Tenant Commitment: The property originally opened as a lumber yard store in March 1968
  • Ample Laydown Yard: The property features a large 8.75-acre parcel zoned M1 (Light Industrial/Manufacturing), offering flexibility for future uses
  • Attractive Net Lease Structure: Minimal landlord responsibilities, ensuring a low-maintenance investment. Landlord roof expense capped at $50,000
  • Since 2009 US LBM has been leasing the property demonstrating a 15-year historical tenancy and reinforcing the tenant’s long-term commitment

Executive Summary

STNL | Industrial Outdoor Storage | US LBM | Preferred Real Estate Brokers is pleased to present an exclusive opportunity to purchase a US LBM Industrial Investment Property located in Plover, WI. This is a single-tenant net lease industrial investment property with outdoor storage 100% leased to US LBM. The property has ample space for US LBM who one of the largest building material suppliers in the nation and made recent improvements to the property demonstrating their long-term commitment to the site. With a history of being a lumber yard and a new 10-year lease, this property is positioned for continued success. The property is well located in a stable market with excellent regional access. This is an attractive industrial investment property with a strong national tenant.

Property Facts

Price $2,250,000 Building Class B
Price Per SF $37 Lot Size 8.75 AC
Sale Type Investment NNN Rentable Building Area 61,424 SF
Cap Rate 8% No. Stories 1
Property Type Industrial Year Built/Renovated 1968/1990
Property Subtype
Distribution
  • Showroom
  • Industrial Warehouse
 Tenancy Single
Price $2,250,000
Price Per SF $37
Sale Type Investment NNN
Cap Rate 8%
Property Type Industrial
Property Subtype
Distribution
  • Showroom
  • Industrial Warehouse
Building Class B
Lot Size 8.75 AC
Rentable Building Area 61,424 SF
No. Stories 1
Year Built/Renovated 1968/1990
Tenancy Single
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2200 Plover Rd, Plover, WI - aerial map view

PROPERTY TAXES

Parcel Number 173-23-0822-16.16 Improvements Assessment $700,400
Land Assessment $555,600 Total Assessment $1,256,000

PROPERTY TAXES

Parcel Number
173-23-0822-16.16
Land Assessment
$555,600
Improvements Assessment
$700,400
Total Assessment
$1,256,000

zoning

Zoning Code M-1
M-1
(407) 406-3187

Contact

  • Listing ID: 34250594

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 2200 Plover Rd, Plover, WI 54467

More public record information on 2200 Plover Rd, Plover, WI 54467

The Industrial Property at 2200 Plover Rd, Plover, WI 54467 is currently available for sale. Contact Preferred Real Estate Brokers for more information.

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2200 Plover Rd
(407) 406-3187 x

2200 Plover Rd

Mark Williams

(407) 406-3187

(407) 406-3187

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