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1818 N Dr Martin Luther King Jr Dr
Milwaukee, WI 53212
Office Property For Sale
Investment Highlights
- Backed by the U.S. Government, the tenant carries an AA+ credit rating from S&P.
- Occupied by a long-term VA tenant whose services make the site essential to federal operations.
- Provides 3% annual shell rent increases for consistent income growth.
- Features a new lease structure with a 10-year term and 5 years of firm commitment.
- A renovate-to-suit, award-winning historic building with LEED Silver certification.
- Renovations include VA-mandated interior finishes and security specifications.
Property Facts
Property Type
Office
Building Size
7,542 SF
Building Class
C
Year Built/Renovated
1925/2013
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,771 SF
Building FAR
0.33
Lot Size
0.52 AC
Zoning
LB2
Parking
30 Spaces (3.98 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 353-0842-000-9 | Improvements Assessment | $785,200 |
| Land Assessment | $60,300 | Total Assessment | $845,500 |
Property Taxes
Parcel Number
353-0842-000-9
Land Assessment
$60,300
Improvements Assessment
$785,200
Total Assessment
$845,500
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