Property Summary:

• Total Building Size: 186,835 SF
• Total Office Size (2 Levels): 24,480
• Total Warehouse Size: 162,712 SF
• Minimal Divisible: 100,000 SF
• Land Size: 21.29 Acres
• Year Built: 1958 & 1975
• Tax Key Number: 155-9983-200

Property Features:

• Column Spacing: 30′ x 20′ | 30′ x 40′
• Ceiling Height: 25′ 9″
• Sprinkler: 95% Wet, 5% Dry (TBV)
• Fenced: Yes with Electric Gate
• Construction: Masonry, Brick & Metal
• Roof: Ballasted Rubber Membrane
• Lighting: LED
• Mechanicals:
  • (2) Two Steam Boilers
  • Air Make-up Units
  • (2) Two Air Compressors
• Power: 3 Phase | 480 Volt | 7,600 amp
• Dock Doors:
  • (9) Nine Dock Doors
  • (1) One Fed-Ex Shipping Door
  • (3) Three Drive-In Doors
• Cranes:
  • (1) One Overhead Crane (10,000 lb capacity)
  • Several Jibs throughout
• Parking: 105+ Spaces, recently repaved
• Bathrooms:
  • (8) Eight in Shop
  • (9) Nine in Office
• Rail: Possible
• Zoning: IL-1
• Property Taxes: $80,743.58

Location Strengths:

• Situated in Waukesha’s Lincoln Avenue Industrial Area, a well-established employment corridor serving local, regional, and corporate clients
• High-income market: Waukesha County median household income of ~$104,100, significantly above state and national averages
• Excellent connectivity to I-94, I-41, and Greater Milwaukee; steady industrial and service traffic patterns
• Multi-line operational hub increases likelihood of long-term tenancy

Notes:

• Floor drains and access to water in shop
• Security system with cameras
• Radiant heat in shop
• Large conference/training room & ample bathrooms
• Significant office remodeling and buildout in last 5 years at Tenant’s expense
• Outdoor lighting recently upgraded to LED
• Portion of roof replaced in 2021

Market & Industry Backdrop

• U.S. car rental market valued at ~$37.9B in 2024, projected 7.5% CAGR through 2030
• Growing demand from insurance replacement, corporate fleet, logistics, and short-term truck rentals
• Enterprise maintains the largest market share in both airport and neighborhood rental segments, and leads in commercial truck rental growth

Offering Summary:

• Office Size: ~30,000 SF
• Lab Size: ~6,374 SF
• Warehouse Size: ~60,500 SF
• Production Space Size: ~23,000 SF
• Storage Building Size: ~3,750 SF
• Total Building Size: ~123,624 SF
• Land Size: 7.054 Acres
• Zoning: M-1
• Year Built / Renovated: 1969, 1977, 1983, 1998, 2006
• Tax Key Number: 782-9027-002

Property Features:

• Roof: Varies – Metal & Rubber Membrane
• Sprinkler (includes diesel pump): 100% Wet System
• Construction: Masonry & Metal
• Lighting: Varies – Fluorescent & LED
• Mechanicals: Varies – gas modines, radiant heat, air exchanges, AC in office
• Power: 2500 Amps, 240 Volt, 3 Phase
• Clear Height: Varies – 18′ – 22′
• Dock Doors: (12) Twelve with levelers
• Drive-In Doors: (3) Three large doors
• Elevators: Yes – Freight & Passenger

Additional Highlights:

• On the bus line
• Seller would consider leasing back approximately 25,000 SF office / lab space
• Office space feature training room, lunchroom, locker rooms, test kitchen, R&D rooms, storage rooms
• Make-up air units and floor drains in production space
• Expandable facility – 38,700 SF proposed future addition

Location Notes:

• Oak Creek, WI, is a growing city located in southeastern Wisconsin, known for its strong industrial presence.
• The property is situated near the intersection of S 6th St and W Oakwood Rd, providing easy access to major transportation routes such as I-94 and I-794
• Nearby commercial establishments include Drexel Town Square, a mixed-use development with retail, dining, and residential spaces.
• The area is supported by a diverse workforce due to the presence of companies like Amazon, Uline, and Master Lock within the vicinity.
• Oak Creek offers a variety of amenities such as parks, schools, and recreational facilities, making it an attractive location for businesses and residents alike

Offering Summary

• Building Size: 14,160 SF
• Office Size: 2,730
• Warehouse Size: 11,430
• Lot Size: 0.69 Acres
• Year Built: 1948 & 1975
• Zoning Type: M-2
• Roof: Rubber | Roof Warranty through 4/12/2031
• Construction: Masonry & Metal
• Ceiling Height: 9′ – 12’9″, up to 16′ (1,320 SF)
• Lighting: LED
• Mechanicals:
  • Forced air in office
  • Gas modines in warehouse
• Power:
  • 240V, 3-Phase
  • 120/240 Single Phase
• Drive-in Doors: (1) One 12′ x 12′
• Dock Doors: (2) Two 20′ x 14′ interior docks with leveler

Other Features

• Clean, well-maintained facility with new roof
• Renovated office space, including newer windows
• 420 SF storage shed (not included in total size)
• Leased through 12/31/26, contact Broker for details

Unit 1627 (Sold)

• Rare condo units conveniently located just 0.5 miles from intersection of Hwy 18 and Hwy 59.
• Units feature small office space, floor drains, slop sink.
• Zoned M-3* (see full description in info sheet).

Offering Summary:

• Tax Key #: 010042012035180
• Land Size: 3.88 Acres
• Current Zoning: M-3
• Utilities:
  • Sewer: Private – Holding tank (future)
  • Water: Well (at road)
  • Electric: Yes (at road)

Location Highlights

• Outside storage – with approvals
• Regional pond may minimize storm water management requirements
• Rare vacant land in popular industrial park

Demographics | 2024 Population

• 1 Mile: 316
• 3 Mile: 2,627
• 5 Mile: 13,723

Property Features:

• Total Building Size: ~18,100 SF (TBV)
• Total Land Size: 2.69 Acres
• # of Parcels: (2) Two
• Tax Key Number:
  • 12-035-173
  • 12-035-174
• Drive-In Doors: (8) Eight, 16′ x 24′
• Year Built / Renovated: 2010 & 2013
• Zoning: M-3
• Lighting: LED & Fluorescent
• Clear Height: Varies – 18′ – 22′
• Utilities:
  • Water: Well
  • Sewer: Holding Tank (Private)
• Foundation: Concrete and injected foam insulation
• Exterior: Masonry & Metal
• Parking Surface: Asphalt & Gravel
• Roof: Pitched Metal

Property Features

• Year Built: 1946
• Year Renovated: 2007
• Zoning: IL2
• Drive-In Doors: (2) Two 12′ x 14′ & (1) One 11′ x 12′
• Clear Height: 12′ – 20′
• Power: 3-Phase, 240 Volt, 400 amp (TBV)
• Construction: Block with metal addition
• Roof: EPDM ballasted rubber
• Sprinklers: 100% wet system
• Tax Key #: 2731019100
• Notes
  • Paved & Fenced Lot
  • Outside Storage
  • The property, conveniently located a half mile from the I-43 ramp at Capitol Drive, is located in the Riverwest neighborhood of Milwaukee, known for its historic homes, vibrant arts scene, and diverse community.
  • The neighborhood is known for its community events and festivals, including the Riverwest 24-hour bike race and the Riverwest Beer Run
  • Riverwest is situated along the Milwaukee River, providing opportunities for outdoor activities such as kayaking, biking along the Oak Leaf Trail, and enjoying the scenic Riverwalk.

OFFERING SUMMARY

• ADDRESS: 3050 Helsan Drive | Richfield, WI 53076
• LAND SIZE: 2.7 Acres
• TAX KEY #: V10-000200A009
• UTILITIES
  • Water: TBD
  • Sewer: TBD
  • Electric: TBD

NOTES

• Last remaining commercial zoned lot on Helsan Drive
• Ideally situated with direct access to Highways 41, 45, & 145

DEMOGRAPHICS | 2024 POPULATION

• 1 MILE: 544
• 3 MILE: 8,762
• 5 MILE: 24,617

Property Features:

• Building Size: 27,900 SF
• Land Size: 2.26 Acres
• Total Size Available: 15,000 SF
• Zoning: M-1
• Clear Height: 13′ – 26′
• Overhead Doors: (8) Eight Total
• Lighting: Various, LED in available spaces
• HVAC: Gas modines, forced air in office
• Power: Heavy, 3-phase (TBV)
• Bathrooms: (5) Five
• Monument Sign: Yes

Construction:

• Foundation: Metal with decorative vinyl and masonry façade
• Fenced Yard: Paved with gate
• Roof: White Rubber Membrane

Notes:

• Value-Add Opportunity.
• New Privacy Fencing & paved parking lot to be completed in mid-2025
• The property is situated in Beloit, Wisconsin, a city known for its rich industrial history and diverse economy. Beloit is home to several major corporations, including ABC Supply Co. Inc., a leading wholesale distributor of roofing and exterior building products
• The location offers convenient access to major transportation routes, such as Interstate 39/90, facilitating easy commuting for employees and efficient distribution for businesses. This accessibility can enhance the property’s value and appeal to potential tenants or buyers.
• Beloit is known for its vibrant arts and cultural scene, with attractions like the Beloit International Film Festival and the Wright Museum of Art. These amenities can contribute to the overall quality of life for those working or living in the area.
• The property’s proximity to the scenic Rock River provides opportunities for recreational activities and waterfront views. This natural feature can enhance the property’s appeal and create an attractive environment for businesses or residents.
• Beloit’s strategic location near the Illinois state line offers potential business advantages, including access to a broader market and regional opportunities for growth and expansion. This proximity to a neighboring state can be beneficial for businesses seeking to establish a presence in multiple markets

Financial Summary:

• Price: $1,450,000
• Price PSF: $51.97
• Occupancy: 100%
• CAP Rate (Current): 7.38%

Property Features

• Building Size: 34,215 SF
• Office Size: 4,412 SF
• Max Contiguous Available: 25,881 SF
• Minimum Divisible: 11,274 SF
• Year Built: 1988
• Drive-In Doors: (3) Three (more possible)
• Dock Doors: (1) One
• Zoning: M-1
• Clear Height: 12′ – 16′
• Construction: Brick & Masonry
• Roof: Rubber Membrane
• Utilities: Municipal Sewer & Water
• Power: 3 Phase | 480 Volt (TBV)
• Lighting: LED
• Sprinklers: Yes – wet system
• Bathrooms: (5) Five
• Tax Key #: 130501812000

Notes

• Rare industrial space in the heart of Cedarburg, Wisconsin
• Building is under new ownership
• Professionally managed
• Tenant improvement lease packages available

Available Units

Offering Summary:

• Building Size: 4,300 SF
• Land Size: 0.72 Acres
• Tax Key Number: 5530772000
• Ownership Type: Fee Simple

Property Description:

• HVAC: (4) Four | Lennox gas-fired units and rooftop exhaust fans
• Construction: Decorative Masonry
• Year Built: 2020
• Zoning: LB-1
• Restrooms: (2) Two
• Sprinkler: Yes
• Power: 3-phase, 800 amp service (TBV)
• Signage: Prominent monument & building façade
• Drive Thru: Yes
• Outdoor Café Seating: Yes

Financial Summary:

• Price: $3,300,000
• Price PSF: $767.44
• Occupancy: 100%
• NOI (Current) / Year 4: $163,400 (before sale)
• NOI (Pro Forma) / Year 5: $179,740 (upon sale)*
• CAP Rate (Pro Forma / Year 5): 5.45% (upon sale)*
• Average CAP Rate: 5.67% (remaining term)

*Seller to carry forward 2026 renewal rate upon closing

Tenant Profile
Panera began in 1987 as St. Louis Bread Company, a humble community bakery founded with a sourdough starter from San Francisco and a dream of putting a loaf of bread in every arm. While Panera has expanded well beyond St. Louis since then, that same sourdough starter is still used in their iconic sourdough bread and the craft of baking bread fresh each day remains at the heart of Panera Bread. Each day trained bakers fill the bakery shelves with delicious freshly baked cookies, pastries, bagels, and a range of breads from focaccia to classic baguettes.
Panera believes in serving delicious, freshly prepared, Clean food made with carefully selected ingredients that they are proud to serve their own families. The menu, crafted by chefs and bakers, features classic, comforting dishes, each with an intriguing twist.
Panera respects our planet and takes measures to lessen their impacts. They believe in treating people with warmth, kindness, and respect, whether it’s a guest in Panera café or one of their associates. They believe in helping local communities, especially in times of need.
Panera also focused on improving quality and convenience. With investments in technology and operations, they offer omni-channel access to Panera favorites – like mobile ordering, catering, and Rapid Pick-Up® for to-go orders, Curbside pick-up and delivery – all designed to make things easier for guests.
Today, Panera operates as both Panera Bread® or Saint Louis Bread Co./ St. Louis Bread Company in 48 states, the District of Columbia and Canada.
Panera Bread is privately held by JAB Holding Company. Panera Bread is part of Panera Brands, one of the largest fast casual restaurant platforms in the U.S., comprised of Panera Bread®, Caribou Coffee® and Einstein Bros.® Bagels.
Source: www.panerabread.com

LEASE ABSTRACT

• Tenant: Panera LLC
• Effective Date: August 1, 2021
• Original Lease Term: (15) Fifteen Years
• Lease Term Remaining: (12) Twelve Years
• Options: (3) Three, (5) Five-Year Options
• Lease Type: (NNN) Triple Net: Landlord reimbursed for all operating expenses
• Rental Increases: (10%) Ten Percent every 5 years
• Utilities: Tenant Responsibility
• Taxes: Landlord reimbursed for all property taxes by Tenant

Tenant’s Proportionate Share: 1.98% (of Center). Landlord pays these expenses and tenant reimburses landlord on a pro-rata basis.
Landlord Responsibilities: Landlord’s sole obligation to keep in good repair all Common Areas, common utility systems, and center service equipment including exterior lighting, structural and roof.
Tenant Responsibilities: All building repairs not Landlord’s responsibility, repair and replacements to all HVAC, electrical, plumbing and other mechanical systems.