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Family Dollar 1201 Historic st 10,454 SF 100% Leased Retail Building Milwaukee, WI 53204 $522,746 ($50.00/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Offered at $555,556, representing a 9.00% capitalization rate based on in-place income
- Located within a densely populated area with over 198,588+ residents within a 3-mile radius and an average household income exceeding $79,386.
- Lease guaranteed by Family Dollar Corporation, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), providing a strong corporate-backed income stream.
- Positioned at the high-visibility intersection of W Mitchell Street (±10,200 VPD) and W Forest Home Avenue (±7,100 VPD)
- Family Dollar has operated at this location since 2016, demonstrating long-term occupancy and operational stability.
EXECUTIVE SUMMARY
Broker of Record
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
10,454 SF
Year Built
2016
Price
$522,746
Price Per SF
$50.00
Cap Rate
9%
NOI
$47,047
Percent Leased
100%
Building Height
1 Story
Building FAR
1.00
Lot Size
0.24 AC
Opportunity Zone
Yes
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 461-0621-110-8 | Improvements Assessment | $200,700 |
| Land Assessment | $36,200 | Total Assessment | $236,900 |
PROPERTY TAXES
Parcel Number
461-0621-110-8
Land Assessment
$36,200
Improvements Assessment
$200,700
Total Assessment
$236,900
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Family Dollar | 1201 Historic st
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