900 Farnam Drive, Necedah, WI
Industrial for Sale - $6,750,000 - 182,000 Sq. Ft.
Property Info
| CIMLS# | 127634 |
| Location 900 Farnam Drive Necedah WI 54646 | |
| Updated | October 15th, 2010 |
| Type | Industrial |
| Price | $6,750,000 |
| Building | 182,000 Sq. Ft. |
Property Description
Sale Partial Leaseback
Credit Tenant - Freudenberg-NOK General Partnership
>> Leading producer of advanced sealing and vibration controlproducts
>> U.S. joint venture between Freudenberg & Co. in Germany and NOK Corp. in Japan
>> JV has annual revenues of $1 billion
>> Freudenberg is 160-year old private family company - 5.34 Billion Euros in Sales
>> NOK is Japanese public company - 467 Billion Yen in Sales
>> Operating at location since 1999 acquisition
>> One of the largest private employers in Juneau County
>> Financials available upon request
Location Description:
Located right off of I90 / I94 near Necedah Airport
Highlights:
>> Property - 182,000 sf Industrial Facility
>> New 10 year lease to Freudenberg - NOK
>> Rent - $3.50/sf NNN, Annual 2.5% Increases
>> 45,000 sf Vacant
>> Located right off of I90 / I94 near Necedah Airport
>> Tax Abatement Program for New Tenants:
>> Property Tax
>> State Tax
>> Western Wisconsin Technology Zone
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