Founders 3 is pleased to present the opportunity to acquire the fee simple interest in N25W23131 Paul Road (the “Property” or “Paul Road”), a multi-tenant flex building located in Pewaukee, WI. Built in 1987 atop 4.51 acres, the Property consists of approximately 34,400 square feet (“SF”) across five (5) individual suites, each with excellent exterior visibility, signage and direct suite access.
The Property is currently 82.2% leased to three (3) tenants with a weighted-average lease term (“WALT”) of 4.0 years. Tenants at the Property include Cooperative Educational Service Agency #1
(“CESA #1” or “CESA”), Pewaukee School District Insight (“PSD”), and CMB Fitness (“CMB”). Paul Road offers investors the opportunity to acquire a well maintained, well occupied flex asset, with
little to no outstanding capital requirements, located within one of the most highly sought after industrial submarkets in the Greater Milwaukee area.