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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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,454 SF
Building Class
C
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
Zoning
LB2 - Commercial
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

North Shore Bank
U.S. Bank
Order Express, Inc.
Chase
Bank of Montreal
PNC Bank
La Hacienda
Cermak Fresh Market

Property Taxes

Property Taxes

Parcel Number
461-0621-110-8
Land Assessment
$36,200
Improvements Assessment
$412,100
Total Assessment
$448,300
  • Listing ID: 38073310

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 1201 Historic st, Milwaukee, WI 53204

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