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625 Cashman Dr
Chippewa Falls, WI 54729

$4,757,000 USD

Distribution For Sale  •  48,000 SF

Property Details

  • Property Type Distribution
  • Total Building Size 48,000 SF
  • Lot Size 7.16 AC
  • Year Built 1950
  • Cap Rate 7.35 %
  • Tenancy Single
0 Transit Score
13 Walk Score

Highlights

The property features a Triple Net (NNN) Lease with minimal landlord responsibilities and 6+ years of base term remaining.
1% annual rental increases provide a consistent hedge against inflation.
Cadrex is a leading North American manufacturer and solutions partner with over 20 facilities across 10 states.
Due to the tenant’s strong performance at this site, Cadrex doubled its footprint from 24,000 SF to 48,000 SF in 2022 through new construction.
Priced at under $100 per square foot, this opportunity is offered well below replacement cost and includes a sizable lot of over 7 acres—valued.
Situated just 1.7 miles (roughly a 2-minute drive) from WIS-29, officially designated the “World War I Veterans Memorial Highway,”.
Cap Rate: 7.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Cadrex 48,000 SF 1/31/2032
Daniel Hoogesteger 310-853-1419 Sands Investment Group
Daniel Hoogesteger 310-853-1419 Sands Investment Group