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2919 Main St 3,600 SF 100% Leased Retail Building East Troy, WI 53120 $800,000 ($222.22/SF) 7.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Two tenant layout
  • Unit 1-Lease in place, has a drive-thru
  • Rooftop patio and bar
  • Unit 2-Available, +/- 2,331 sf restaurant space with bar and liquor license in place

EXECUTIVE SUMMARY

Fully leased investment opportunity. Great multi-tenant retail property available for elevator, rooftop patio and bar!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Building Class
B
Year Built
2021
Price
$800,000
Price Per SF
$222.22
Cap Rate
7.90%
NOI
$63,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.21 AC
Zoning
CB - Central Business
Parking
4 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
90’ on Main Street

AMENITIES

  • 24 Hour Access
  • Drive Thru
  • Air Conditioning

NEARBY MAJOR RETAILERS

CrossFit
Snap Fitness 24/7
IGA
Piggly Wiggly
Citizens Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
ROP00100
Land Assessment
$49,500
Improvements Assessment
$595,900
Total Assessment
$645,400
  • Listing ID: 30132419

  • Date on Market: 11/20/2023

  • Last Updated:

  • Address: 2919 Main St, East Troy, WI 53120

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