Log In/Sign Up
Your email has been sent.
KidTown Academy - Milwaukee, WI 11700 W Lake Park Dr 32,334 SF Retail Building Milwaukee, WI 53224 $4,350,000 ($134.53/SF) 8% Cap Rate
Investment Highlights
- High-Yield Investment: With $348,000 in annual NOI, this KidTown Academy asset delivers strong returns.
- Strong Market Demand: In 2024, households within 5 miles allocated more than $99 million toward education and childcare.
- Close to Feeder Schools: Within 5 miles are several key elementary schools, including Cooper, Garland, Victory, Honey Creek, and Whitman.
- Favorable Demographics: Positioned northwest of Milwaukee toward Meomonee Falls with nearly 600,000 residents.
- Unique Operation with New 7-Year Lease: KidTown Academy occupies over 32,000 SF in a repurposed office facility.
Executive Summary
We are pleased to exclusively offer for sale the 32,334 SF KidTown Academy, located at 11700 W Lake Park Dr in Milwaukee, WI. This offering presents a high-yield investment opportunity, generating an impressive $348,000 in annual NOI. The property provides strong returns and long-term income stability, supported by tenant extension options, making it an attractive and secure addition to any investment portfolio.
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
32,334 SF
Building Class
B
Year Built/Renovated
2012/2021
Price
$4,350,000
Price Per SF
$134.53
Cap Rate
8%
NOI
$348,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
3.03 AC
Zoning
pd - Planned Development
Nearby Major Retailers
Property Taxes
| Parcel Number | 076-0032-000-3 | Improvements Assessment | $1,384,100 |
| Land Assessment | $242,500 | Total Assessment | $1,626,600 |
Property Taxes
Parcel Number
076-0032-000-3
Land Assessment
$242,500
Improvements Assessment
$1,384,100
Total Assessment
$1,626,600
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
KidTown Academy - Milwaukee, WI | 11700 W Lake Park Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.