4155 Old Town Hall Rd - Eau Claire | $6,999,000
Location: 4155 Old Town Hall Rd, Eau Claire, WI 54701
Property Type: Self Storage
Subtype: Mini Warehouse
Investment Type: Value Add
Class: A
Tenancy: Multi
Rentable Square Footage: 100,700
Price/Sq Ft: $69
Pro-Forma Cap Rate: 9.29%
Pro-Forma NOI: $649,000
Units: 593
Year Built: 2023 - 2024
Buildings: 16
Zoning: Commercial
Lot Size (acres): 10 acres
Broker Co-Op: Yes
Brand new facility recently completed in August 2024 has a valuation of approximately $10,400,000 at 7% CAP when 100% occupied. It covers 100,700 RSF and has 593 units across 16 buildings offering ample space for tenants’ storage needs. With a surrounding population of over 100,000 people within a 10-mile radius, this facility is strategically positioned. Visibility from Interstate 94 ensures convenient access for tenants and potential customers. Tenant safety is a priority with separate entrance/exit gates and over 20 security cameras on site. In summary, 4155 Old Town Hall Rd’s strategic location ensures convenience, visibility, and market appeal.
Purchase Price: $6,999,000
Partial seller financing is available!
