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1520-1566 E Sumner St 61,782 SF 100% Leased Retail Building Hartford, WI 53027 $4,300,000 ($69.60/SF) 7.88% Cap Rate
Investment Highlights
- Grocery-Anchored Retail Center, 100% Occupied Piggly Wiggly anchored
- 2027 NOI $338,935
- Asking $4,300,000 or $69.60 PSF!
Executive Summary
Well established grocery anchored retail center in Hartford, WI, just outside the Milwaukee/Waukesha MSA.
Being offered for sale at $69.60 per square foot with $338,935 in 2027 NOI!
Being offered for sale at $69.60 per square foot with $338,935 in 2027 NOI!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
61,782 SF
Building Class
C
Year Built/Renovated
1984/1997
Price
$4,300,000
Price Per SF
$69.60
Cap Rate
7.88%
NOI
$338,935
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
6.85 AC
Zoning
Commercial - Commercial
Parking
363 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
485’ on E Sumner St
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-2202006003 | Improvements Assessment | $2,130,000 |
| Land Assessment | $1,370,000 | Total Assessment | $3,500,000 |
Property Taxes
Parcel Number
36-2202006003
Land Assessment
$1,370,000
Improvements Assessment
$2,130,000
Total Assessment
$3,500,000
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