Fully Leased Industrial Investment Opportunity

For Sale

505 Willow Dr, Spencer, WI 54479

This Spencer property for sale is located at 505 Willow Dr. The current listed sale price for Fully Leased Industrial Investment Opportunity is $2,611,500. Fully Leased Industrial Investment Opportunity is situated on a lot that is 36.33 square feet in size.

Contacts

broker

Aaron Whitmore

Colliers

broker

Ethan Haglund

Colliers

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 36.33 SF
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Nov 21, 2024

Colliers is pleased to present an exceptional, fully leased food-grade industrial property located in Spencer, WI. This 67,500 SF warehouse, situated on 36.33 acres, is leased to Grassland Dairy and Casper Construction. Grassland Dairy recently extended their lease through 5/31/28, demonstrating a strong commitment to this location, which is mission-critical to their operations headquartered just west in Greenwood, WI. They are also only .5 miles away from one of their largest customers, Land O’ Lakes. Since acquiring the property, ownership has invested over $830k to ensure the warehouse meets Grassland’s food-grade storage requirements for years to come. Key building improvements are detailed below.

Building Improvements/Upgrades:

• Completely new Roof/gutters/downspouts (20-year warranty)
• Motion sensor LED lighting system installed – full interior/exterior
• New Trane RTU units
• Paint – full exterior/interior walls, perimeter line painting
• New Dock levelers/aqua-shield seals, concrete work
• Added Electrical/wiring to truck restraints/docks
• Floor crack sealing
• Exterior seal work/patching/ceiling tile replacement
• Suda Plumbing drainage project
• Numerous smaller touch ups and repairs

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Attachments

Getting around

  • 10/100

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  • 28/100

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Location

  • City Spencer, WI
  • Zip Code 54479

Points of Interest

  • Kwik Trip

    0.34 miles

  • Weiler's Convenience Store

    7.86 miles

  • BP

    8.24 miles

  • The Store

    8.40 miles

  • Mobil

    8.44 miles

  • The Bread and Butter Shop

    8.45 miles

  • Kwik Trip

    8.16 miles

  • Baltus Full-Service Car Wash

    8.25 miles

  • Enterprise

    8.30 miles

  • Baltus Car Wash

    8.45 miles

  • Subway

    0.62 miles

  • El Mezcal

    7.76 miles

  • Applebee's

    7.79 miles

  • Culver's

    7.83 miles

  • Taco Bell

    7.85 miles

  • Perkins

    7.88 miles

  • Arby's

    7.89 miles

  • Pizza Hut

    7.90 miles

  • McDonald's

    7.94 miles

  • Burger King

    7.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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