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Stratford Plaza 12132 W Capitol Dr 25,725 SF 76% Leased Retail Building Wauwatosa, WI 53222 $5,935,000 ($230.71/SF) 6.08% Cap Rate
Investment Highlights
- Plenty of upside to lease the vacant space including the prime end cap / All leases are NNN
- Located within the Milwaukee MSA with over 1.5 million residents Just 10 miles from downtown Milwaukee
- Advance Auto and Sherwin Williams represent 41% of the space and 36% of the income
- Strong tenant mix with national credit tenants / Outparcel to Home Depot in strong retail area
- Right off of the I-41 with over 150,000 VPD
- Surrounded by institutionally owned properties
Executive Summary
Bang Realty is pleased to offer for sale Stratford Plaza Retail Center in Wauwatosa, WI.
This ±25,701 SF class A retail center and is 76.2% occupied.
An outparcel to Home Depot, this center is located right off of the Interstate 41 with over 150,000 vehicles per day.
This ±25,701 SF class A retail center and is 76.2% occupied.
An outparcel to Home Depot, this center is located right off of the Interstate 41 with over 150,000 vehicles per day.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
25,725 SF
Building Class
B
Year Built
2005
Price
$5,935,000
Price Per SF
$230.71
Cap Rate
6.08%
NOI
$360,730
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.98 AC
Zoning
C-C - C-C, Commercial
Parking
123 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Endcap
- 2,396 SF
- Retail
- -
- Now
- F
- 1,500 SF
- Retail
- In-Line
- Now
- j
- 2,211 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| Endcap | 2,396 SF | Retail | - | Now |
| F | 1,500 SF | Retail | In-Line | Now |
| j | 2,211 SF | Retail | In-Line | Now |
Endcap
| Size |
| 2,396 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
F
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
j
| Size |
| 2,211 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 257-9994-008 | Improvements Assessment | $3,938,200 |
| Land Assessment | $2,851,000 | Total Assessment | $6,789,200 |
Property Taxes
Parcel Number
257-9994-008
Land Assessment
$2,851,000
Improvements Assessment
$3,938,200
Total Assessment
$6,789,200
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Stratford Plaza | 12132 W Capitol Dr
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