Fully Leased Industrial Investment Opportunity

505 Willow Dr, Spencer, WI 54479

  • For Sale $2,611,500
  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 36.33 SF
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Nov 18, 2024

Colliers is pleased to present an exceptional, fully leased food-grade industrial property located in Spencer, WI. This 67,500 SF warehouse, situated on 36.33 acres, is leased to Grassland Dairy and Casper Construction. Grassland Dairy recently extended their lease through 5/31/28, demonstrating a strong commitment to this location, which is mission-critical to their operations headquartered just west in Greenwood, WI. They are also only .5 miles away from one of their largest customers, Land O’ Lakes. Since acquiring the property, ownership has invested over $830k to ensure the warehouse meets Grassland’s food-grade storage requirements for years to come. Key building improvements are detailed below.

Building Improvements/Upgrades:

• Completely new Roof/gutters/downspouts (20-year warranty)
• Motion sensor LED lighting system installed – full interior/exterior
• New Trane RTU units
• Paint – full exterior/interior walls, perimeter line painting
• New Dock levelers/aqua-shield seals, concrete work
• Added Electrical/wiring to truck restraints/docks
• Floor crack sealing
• Exterior seal work/patching/ceiling tile replacement
• Suda Plumbing drainage project
• Numerous smaller touch ups and repairs

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Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

Aaron Whitmore

Colliers

broker

Ethan Haglund

Colliers

Location

Getting Around

  • Walk Score ®

    10/100 Car-Dependent
  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Spencer, WI
  • Zip Code 54479

Points of Interest

  • Kwik Trip

    0.34 miles

  • Weiler's Convenience Store

    7.86 miles

  • BP

    8.24 miles

  • The Store

    8.40 miles

  • Mobil

    8.44 miles

  • The Bread and Butter Shop

    8.45 miles

  • West Parking Lot

    7.10 miles

  • STEM Parking Lot

    7.14 miles

  • East Parking Lot

    7.24 miles

  • Lot 9

    7.31 miles

  • Lot 2

    7.39 miles

  • Lot 1

    7.39 miles

  • Lot B

    7.44 miles

  • Lot A

    7.47 miles

  • Lot C

    7.57 miles

  • Central

    8.09 miles

  • Subway

    0.62 miles

  • El Mezcal

    7.76 miles

  • Applebee's

    7.79 miles

  • Culver's

    7.83 miles

  • Taco Bell

    7.85 miles

  • Perkins

    7.88 miles

  • Arby's

    7.89 miles

  • Pizza Hut

    7.90 miles

  • McDonald's

    7.94 miles

  • Burger King

    7.95 miles

  • Gordy's County Market

    0.53 miles

  • ALDI

    7.69 miles

  • Target

    7.73 miles

  • Festival Foods

    7.96 miles

  • Walmart Supercenter

    8.02 miles

  • Kohl's

    8.12 miles

  • Pick 'n Save

    8.35 miles

  • Marshfield Children's Hospital

    7.48 miles

  • Marshfield Clinic Marshfield Center

    7.49 miles

  • Marshfield Medical Center - Marshfield

    7.55 miles

  • Norwood Health Center

    7.70 miles

  • Walgreens

    7.89 miles

  • Marshfield Clinic Marshfield Plaza Therapy Center

    7.97 miles

  • Aspirus Clinic - Marshfield

    8.07 miles

  • Marshfield Police Department

    8.08 miles

  • Marshfield Clinic Central Avenue Pharmacy

    8.23 miles

  • Wildwood Plaza

    9.01 miles

Frequently Asked Questions

How much does Fully Leased Industrial Investment Opportunity cost?

The space currently listed for sale at Fully Leased Industrial Investment Opportunity asks for $2,611,500.

What is the total square footage of Fully Leased Industrial Investment Opportunity?

Fully Leased Industrial Investment Opportunity totals 67,500 square feet.

When was this property built?

Fully Leased Industrial Investment Opportunity was built in 1963.

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