182,000 Square Foot Industrial Space For Sale @ 900 Farnam Drive
900 Farnam Drive, Necedah, WI 54646
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Greg K.
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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
Office space(s): ---
Ceiling height: ---
Column space: ---
Has sprinklers: No
Power: ---
Loading Zone:
• Has rail access: No
Sale Price: $6,750,000
Size: 182,000 square feet
Type: Industrial Space
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