facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Wisconsin

/

Industrial

/

Sale

/

2221 Calumet Drive

Updated Dec 4, 2024

Greywolf Brokerage LLC Sells Leased Industrial Building In New Holstein For $3.7M
SOLDIndustrial

Greywolf Brokerage LLC Sells Leased Industrial Building In New Holstein For $3.7M

2221 Calumet Drive

$3,700,000

$30/SF

Building Size

122,500 SF

Asset Type

Industrial

Closing

Mar 13, 2024

About this deal

AI

The $3.7 million sale of a fully leased 122,500-square-foot industrial building located at 2221 Calumet Drive in New Holstein, WI, has been successfully facilitated by Greywolf Brokerage LLC. The property, spanning 6 acres, was transacted at a price of $30 per square foot, totaling the sale price to $3,700,000. New Holstein, situated around 43 miles south of Green Bay, proved to be the market for this industrial asset.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,700,000
  • Address: 2221 Calumet Drive
  • Market: New Holstein, WI
  • Square Footage: 122,500
  • Acres: 6
  • Broker: Greywolf Brokerage LLC

Greywolf Brokerage LLC, a division of Greywolf Partners Inc., played a pivotal role in ensuring the successful sale of the industrial property. The brokerage's expertise and efforts were instrumental in finalizing the transaction, benefitting all parties involved. Through their dedicated approach, they were able to navigate the deal effectively, showcasing their proficiency in the commercial real estate market.

On the Map

Open live map

$3,700,000

$30/SF

Industrial

View full map

Players

New Holstein Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

About $30 per square foot on a published $3.7M for 122,500 square feet (2024).

Browse New Holstein industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets