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Burlington Square 441 Milwaukee Ave 40,792 SF 100% Leased Retail Building Burlington, WI 53105 $3,200,000 ($78.45/SF) 8.44% Cap Rate
Executive Summary
Value add opportunity in the heart of Downtown Burlington priced under $70/sf. Roughly 48,000 sq.ft. building zoned B-2. 2.5 Acres with Ample Parking. Anchored tenant is Ace Hardware and Gateway Tech College.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
40,792 SF
Building Class
C
Year Built
1978
Price
$3,200,000
Price Per SF
$78.45
Cap Rate
8.44%
NOI
$270,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.37
Lot Size
2.55 AC
Parking
193 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 206-031932580050 | Improvements Assessment | $2,983,900 |
| Land Assessment | $288,100 | Total Assessment | $3,272,000 |
Property Taxes
Parcel Number
206-031932580050
Land Assessment
$288,100
Improvements Assessment
$2,983,900
Total Assessment
$3,272,000
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Burlington Square | 441 Milwaukee Ave