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Wausau, Wisconsin

Updated Dec 18, 2024

Tempus Realty Partners Sells 100756 Square Foot Industrial Property In Wausau For $7.8M
SOLDIndustrial

Tempus Realty Partners Sells 100756 Square Foot Industrial Property In Wausau For $7.8M

$7,800,000

$77/SF

Building Size

100,756 SF

Asset Type

Industrial

Closing

Dec 16, 2024

About this deal

AI

A 100,756-square-foot industrial property was sold in Wausau, Wisconsin for $7.8 million. The asset was acquired by Tempus Realty Partners in March 2023 for $7 million and had been leased to Polywood Shutter Company during the period of ownership for approximately 1.7 years.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,800,000
  • Sale Date: 12/16/2024
  • Seller: Dan Andrews - Tempus Realty Partners
  • Price per Square Foot: $77
  • Market: Wausau, WI

Dan Andrews represented Tempus Realty Partners in this transaction, which marks the first sale from its Portfolio 5. The property was held for a duration of 1.7 years before the sale and served as a leased space for Polywood Shutter Company.

Players

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $77 per square foot on a published $7.8M for 100,756 square feet (2024).

Browse Wisconsin industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.03%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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