Updated Dec 4, 2024
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
$3,700,000
$30/SF
Industrial
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Players
New Holstein Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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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