Founders 3 is pleased to present the opportunity to acquire the fee simple interest in 8900 North Arbon Drive (“8900 Arbon” or the “Property”), a single-tenant office building located in Milwaukee County. Prominently situated on Brown Deer Road, a major thoroughfare in the area, 8900 Arbon is less than three (3) miles from Interstate 43 and eight (8) miles from Interstate 41. The Property consists of 50,566 square feet (“SF”) and is 100% leased to the global manufacturing company, Rite-Hite. Headquartered at the Property since construction in 1989, Rite-Hite plans to relocate their operations following lease expiration in 2022. 8900 Arbon offers investors the unique opportunity to collect above market rental income before re-tenanting the Property once vacant in 2022. The Property would also be an ideal location for a potential user looking to occupy Class A space with loading dock capabilities at a significant discount to replacement cost.
Property Highlights
• Excellent highway access
• Established corporate location
• Class A office with high parking ratio
• Well maintained corporate headquarters