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 29 W. Pioneer Rd. New Entrance from Hickory FOND DU LAC WI MINI WAREHOUSE COMPLEX OVERVIEW & PRICING Excess Development Land - Features & Specifications Storage Units - Rent Roll Storage Units Buildings 1-5 Details Storage Unit Financials Property & Parcel Data Local Corridor About ZA Commercial & Disclosures 4 5 6-10 11 12 14 15 2
MINI WAREHOUSE OVERVIEW 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. 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. OFFERED AT $1.2 Million with Land Approx. 6.5 Acre Site
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. 2.25 Acres 2 1. Acres Parcel 1 Mini Warehouse Units - 2.9 Acres The storage units are on roughly 1.9 acres with a remaining 1 acre to the south. 1 2.9 Acres Parcel 2 & Frontage to Hickory Street:.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. Acreage calculations are approximate. Parcel Separate Sale Opportunity: $225,000 Parcel 2 - Separate Sale Opportunity: $00,000 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. 4
UNIT DETAIL UNIT BY UNIT RENT ROLL 2015 CONFIGURATION BUILDING 1 - UNITS BUILDING 2 - UNITS BUILDING - UNITS BUILDING 4 - UNITS BUILDING 5 - UNITS TOTAL UNITS 12 21 1 1 17 76 CONFIGURATION NOTES Unit 42 Units 4-44 Unit 61 Unit 78 Units 45-48 Units 62-65 Doors Doors w/42 2 Doors 2 Doors Pass Thru Doors Only Pass Thru Doors Only 5 4 2 TOTALS 27,400 SF $7,65.00 $91,620.00 1 CURRENT OCCUPANCY 100% 5
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 1 2 6
BUILDING 2 SIZE & RENT ROLL DETAILED FEATURES 5 Units Built Size Exterior Interior Paved Electrical Inside Units Other Unit 22 Other Unit 22 Security Lights 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 1 2 7
BUILDING SIZE & RENT ROLL Unit 42 Shown: End-Cap unit with 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 1* 2005 5,760 SF Steel Roof & Siding Wood Framing 12 8-9-40-41 42 with Doors Yes Select Units Units 41-42-4-44 New LED Lighting 5 4 1 2 * Pass-thru units 8,9,40 &41 can be turned into 4 additional units & Unit 42 into 2 additional units. 8
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 1 12 57-58-59-60 61 with Bay Doors South Side Select Units Insulation, lighting & mezzanine New LED Lighting 5 4 1 2 * Owner Occupied. 9
BUILDING 5 SIZE & RENT ROLL DETAILED FEATURES 5 Built Construction Size Units Door Heights End-Cap Unit Paved Electrical Inside Units Security Lights 2006 Steel w/ Wood Framing 5,760 SF 17 12 78 with 2 Bay Doors No No 4 1 2 10
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. 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 Insurance Advertising Lawn Care Snow Removal 2hrs per snowfall Utilities* Real Estate Taxes Tax Return Data * LED Lighting installed in 2015 FINANCIAL DISCLOSURE Operated by C/Store $2,606. Property signage only $200. $1,00. $1,746. New Parcel Assessment Required Not a separate LLC from C/Store 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 tom@zacommercial.com alex@zacommercail.com 11
New Roundabout at Corner Completed 2014 Property Location 12
LOCAL ZONING C2 GENERAL BUSINESS DISTRICT PROPERTY SOURCES http://gisweb.fdlco.wi.gov/fonddulacsl/ FLOODPLAIN 100 Year 500 Year Floodway (FDL River) Property This/the information found in this publication is deemed reliable, but not guaranteed. http://www.fdl.wi.gov/ http://ecode60.com/fo072 1
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, Mid- States 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. 14
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 920-59-7014 tom@zacommercial.com v ALEX ZABEL PARTNER 920-295-9884 alex@zacommercial.com 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 5495 zacommercial.com 15
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. ALEX ZABEL PARTNER 920-295-9884 alex@zacommercial.com CONTACT: TOM ACKERMAN PARTNER 920-59-7014 tom@zacommercial.com 1800 MORRIS ST. FOND DU LAC WI. 5495 920-204-6850 zacommercial.com