FOND DU LAC WI - ZA Commercial Real Estate

MINI WAREHOUSE COMPLEX
FOND DU LAC WI
Storage Units & Development Land
OFFERED FOR SALE
Pioneer Rd. at Hickory Street
ZABEL ACKERMAN
BROCHURE
CONTENTS
Mini –Warehouse Complex
329 W. Pioneer Rd. – New Entrance from Hickory
FOND DU LAC WI
MINI WAREHOUSE COMPLEX OVERVIEW & PRICING
3
Excess Development Land - Features & Specifications
4
Storage Units - Rent Roll
Storage Units – Buildings 1-5 Details
Storage Unit Financials
Property & Parcel Data
Local Corridor
About ZA Commercial & Disclosures
5
6-10
11
12
14
15
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MINI WAREHOUSE OVERVIEW
OFFERED AT
$1.2 Million with Land
Location
With 100% occupancy the norm, this location is in the
heart of Fond du Lac’s work corridor and neighbors
Mercury Marine world headquarters.
Approx. 6.5 Acre Site
Overview of Units
The units currently consist of 5 separate buildings
comprising of a current configuration of 76 units varying in
size, height, and usage – including several pass-thru units &
some commercial contractors as renters.
Build Dates & Condition
Modern in most every way. Construction starting in 2004
on two of the units with two more added in 2005 and a
fifth unit completed in 2006. The 5 structures are
approximately 27,400 square feet on roughly 1.9 Acres of
the site.
Financials
Gross rent roll over $90,000 annually at the current 2015
rent rates. Actuals priors can be obtained through
Confidentiality Agreement by reaching out to ZA
Commercial directly.
OCCUPANCY
May 2015
DEVELOPMENT LAND INCLUDED
The property includes over 4.5 acres of future
development land including commercial
frontage on Hickory Street across from Mercury
Marine. Additionally, some of the acreage is
ideal for storage unit expansion.
The information found in this publication is deemed reliable, but not guaranteed.
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3
EXCESS DEVELOPMENT LAND - OVERVIEW
Zoned Business District
The property includes well over 5 acres of future
development land including commercial frontage on
Hickory Street across from Mercury Marine.
Additionally, some of the acreage is ideal for storage
unit expansion.
Parcel 1
2.25 Acres
1
2.9 Acres
Frontage to Hickory Street: 3.5 Acres
Very desirable corridor with strong industry and retail
mix already in place. Excellent Commercial/Retail
location. Very nice parcel sale opportunity long-term.
Parcel 3
3
1.3 Acres
Mini Warehouse Units - 2.9 Acres
The storage units are on roughly 1.9 acres with a
remaining 1 acre to the south.
Parcel 2 & 3
2
Acreage calculations are approximate.
Separate Sale Opportunity: $225,000
Parcel 2 - 3 Separate Sale Opportunity: $300,000
Adjacent Development Land - Price Comparable
The land development directly across the street from this offering
is being marketed at $1.4 Million for 10.9 Acres by way of
example to the corridor pricing.
The information found in this publication is deemed reliable, but not guaranteed.
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UNIT BY UNIT ○ RENT ROLL
UNIT DETAIL
2015 CONFIGURATION
BUILDING 1 - UNITS
BUILDING 2 - UNITS
BUILDING 3 - UNITS
BUILDING 4 - UNITS
BUILDING 5 - UNITS
12
21
13
13
17
TOTAL UNITS
76
CONFIGURATION NOTES
Unit 42
Units 43-44
Unit 61
Unit 78
Units 45-48
Units 62-65
3 Doors
Doors w/42
2 Doors
2 Doors
Pass Thru Doors Only
Pass Thru Doors Only
5
4
2
3
TOTALS
27,400 SF
$7,635.00
$91,620.00
CURRENT OCCUPANCY
1
100%
The information found in this publication is deemed reliable, but not guaranteed.
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BUILDING 1
○
SIZE & RENT ROLL
DETAILED FEATURES
Units
Built
Size
Exterior
Interior
Paved
Electrical
Security Lights
12
2004
2,480 SF
Steel Roof & Siding
Wood Framing
Yes
Exterior Service Outlets
New LED Lighting
5
4
2
3
1
The information found in this publication is deemed reliable, but not guaranteed.
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BUILDING 2
○
SIZE & RENT ROLL
DETAILED FEATURES
Units
Built
Size
Exterior
Interior
Paved
Electrical Inside Units
Other – Unit 22
Other – Unit 22
Security Lights
5
21
2004
7,680 SF
Steel Roof & Siding
Wood Framing
Yes
Yes (15 Units) - 20 Amp
Garage Door Opener
Overhead Lights
New LED Lighting
4
2
3
1
The information found in this publication is deemed reliable, but not guaranteed.
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BUILDING 3
○
SIZE & RENT ROLL
Unit 42 Shown: End-Cap unit with 3 bays doors, power & lights
DETAILED FEATURES
Units*
Built
Size
Exterior
Interior
Door Heights
Pass-Thru Units
End-Cap Unit
Paved
Electrical Inside Units
Lighting
Security Lights
13*
2005
5,760 SF
Steel Roof & Siding
Wood Framing
12’
38-39-40-41
42 – with 3 Doors
Yes
Select Units
Units 41-42-43-44
New LED Lighting
5
4
2
3
1
* Pass-thru units 38,39,40 &41 can be turned into 4 additional units & Unit 42 into 2 additional units.
The information found in this publication is deemed reliable, but not guaranteed.
© ZA COMMERCIAL.COM
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BUILDING 4
○
SIZE & RENT ROLL
DETAILED FEATURES
Built
Construction
Size
Units
Door Heights
Pass-Thru Units
End-Cap Unit
Paved
Electrical Inside Units
Unit 61*
Security Lights
2005
Steel w/ Wood Framing
5,760 SF
13
12’
57-58-59-60
61 – with 3 Bay Doors
South Side
Select Units
Insulation, lighting & mezzanine
New LED Lighting
5
4
2
3
1
* Owner Occupied.
The information found in this publication is deemed reliable, but not guaranteed.
© ZA COMMERCIAL.COM
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BUILDING 5
○
SIZE & RENT ROLL
DETAILED FEATURES
Built
Construction
Size
Units
Door Heights
End-Cap Unit
Paved
Electrical Inside Units
Security Lights
5
2006
Steel w/ Wood Framing
5,760 SF
17
12’
78 – with 2 Bay Doors
No
No
4
2
3
1
The information found in this publication is deemed reliable, but not guaranteed.
© ZA COMMERCIAL.COM
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FINANCIAL DETAILS
OVERVIEW
The storage units and any excess land included in the sale will
require a new tax parcel (CSM) at the time of the sale. The storage
buildings currently are operated by the owner who operates a full
service convenient store (Shell Fuel) located on the 9.3 acre tax
parcel (the corner of Pioneer Rd & Hickory St. – Pump N Pantry).
Renters pay for storage at the store if electronic or mail methods
are not used by the unit renter. Ownership staff at the C/Store
show any vacant units when vacancies arise.
RENTAL INCOME – 2015 Estimated
$90, 000 ±
ANNUAL EXPENSES - 2014
Management Fees
Operated by C/Store
Insurance
$2,606.
Advertising
Property signage only
Lawn Care
$200.
Snow Removal – 2hrs per snowfall
$1,300.
Utilities*
$1,746.
Real Estate Taxes
New Parcel Assessment Required
Tax Return Data
Not a separate LLC from C/Store
* LED Lighting installed in 2015
FINANCIAL DISCLOSURE
Each prospective purchaser is encouraged to do its own financial Pro Forma and
gather to its satisfaction any further information about the property they deem
prudent.
CONTACT:
Tom Ackerman
Alex Zabel
[email protected]
[email protected]
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New Roundabout at Corner – Completed 2014
Property Location
The information found in this publication is deemed reliable, but not guaranteed.
© ZA COMMERCIAL.COM
12
LOCAL ZONING – C2 GENERAL BUSINESS DISTRICT
PROPERTY
SOURCES
http://gisweb.fdlco.wi.gov/fonddulacsl/
http://www.fdl.wi.gov/
This/the information found in this publication is deemed reliable, but not guaranteed.
FLOODPLAIN
100 Year
500 Year
Floodway (FDL River)
http://ecode360.com/FO3072
Property
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LOCAL CORRIDOR
Manufacturing & Industrial
This storage complex in Fond du Lac is located on
the southwest side of Fond du Lac near Interstate
41 and Highway 151, directly across from Mercury
Marine. The property is situated in a developed
manufacturing market area with a strong mix of
corporate facilities nearby including multiple
manufacturing business parks. Just north and south
of the property are multiple large commercial
buildings housing many of the area’s manufacturers,
food services companies, and technology firms
including Mercury Marine’s World Headquarters
facility (largest manufacturer of outboard boat
motors in the world), International Paper, MidStates Aluminum, Saputo & Grande Cheese, JF
Ahern, Badger Liquor, Excel Engineering, Brenner
Tank, Agnesian Healthcare, Charter
Communications,, Society Insurance, and Wells
Vehicle Electronics Manufacturing to name a few.
Located in the heart of Wisconsin, Fond du Lac
offers easy access in all major directions – including
Milwaukee, Madison, Sheboygan, Green Bay, and
Chicago. A Fond du Lac link to further city
information is included here.
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ABOUT
ZA COMMERCIAL
UNIQUELY LOCAL.
To best serve any community one could say you need to be part
of its fabric. Know the landscape, the business climate, the
people dedicated to all its efforts to grow.
From Brandon to Brooke St. – Eden to East Johnson – Frontage
road access to Fox Ridge - ZA Commercial can deliver on all
fronts. With business partners born and raised in Fond du Lac, to
the real estate experience and community business knowledge
necessary to promise results, ZA Commercial offers the unique
combination of talent to deliver successful transactions.
contact
TOM ACKERMAN
PARTNER
920-539-7014
[email protected]
v
ALEX ZABEL
PARTNER
920-295-9884
[email protected]
UNEQUALED RESULTS.
Great service and the results that follow don’t just happen. They
show through when the underlying philosophy of the business
takes on all the practices necessary to deliver them.
At ZA Commercial our mission is to offer the highest level of
expertise, distinct services, personalized attention, and highenergy commitment to customer service you will find. And, as a
current or future client of ZA Commercial, we believe you should
demand nothing less of your real estate firm.
ZA Commercial Real Estate
1800 MORRIS STREET
FOND DU LAC WI
54935
zacommercial.com
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BROKER DISCLOSURES
© 2015 ZA Commercial RE, LLC. The information in this publication (and all of its pages and content) has been obtained from sources believed reliable. We have
not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and
do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property
to determine to your satisfaction the suitability of the property for your needs.
CONTACT:
ALEX ZABEL
TOM ACKERMAN
PARTNER
920-295-9884
[email protected]
PARTNER
920-539-7014
[email protected]
1800 MORRIS ST. FOND DU LAC WI. 54935
920-204-6850
zacommercial.com