355 Byrd Ave, Neenah, WI

Colliers is pleased to offer for investment sale this 369,545 SF distribution facility at 355 Byrd Ave, Neenah, WI. This high-quality industrial asset spans 15.6 acres and presents a compelling opportunity to acquire a net-lease investment with durable cash flow today and embedded upside through below-market rents and future mark-to-market.

The facility is 91.5% leased to Trilliant Food & Beverage, which recently amended its lease and executed a three-year extension through May 31, 2030. Trilliant occupies the entire building except the office portion, creating a value-add opportunity to lease the office, recover OPEX, and increase cash flow. Trilliant also operates nearby locations, underscoring this asset’s mission-critical role and strong occupancy continuity.

Neenah is located just 39 miles from Green Bay, 100 miles from Milwaukee, and 188 miles from Chicago. The market benefits from proximity to major population centers and labor pools and reflects a current vacancy of approximately 4% with average asking rents of $5.97/SF NNN (per CoStar).

This is a rare opportunity to acquire a stabilized, mission-critical industrial investment with in-place income, annual rent growth, and meaningful long-term upside in a strategic Upper Midwest location. Please contact a member of the team for additional information.