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4701 N Port Washington Rd
Glendale, WI 53212
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-tenant office building in the desirable Northshore community of Glendale
- Perfect opportunity for the next owner-user needing all or a portion of the building and/or local investor
- Easy-to-find and easy-to-access location immediately off I-43
- Destination commercial uses in immediate area including Orthopedic, Nursing, Pediatrics, and Senior Care medical uses
EXECUTIVE SUMMARY
Exceptional opportunity to own a small well-maintained, high-visibility multi-tenant office property in the desirable Northshore community of Glendale. With an easy-to-find and easy-to-access location immediately off a newly reconstructed exit to Port Washington Road at Hampton Avenue, this currently owner-occupied, building keeps good company with its best-in-class medical/healthcare, corporate, and commercial neighbors including Ascension Wisconsin, the Orthopedic Hospital of Wisconsin, Blount Orthopedic, RiverGlen Pediatric Clinic, Heartis Senior Living Village, Northshore Montessori School, Nurturing Nook child daycare, the Holiday Inn Rivercenter & Anchorage restaurant, legendary Solly’s butterburger restaurant and others. Perfect opportunity for the next owner-user needing all or a portion of the building and/or investor looking for that genuinely achievable value-add play. Re-priced...... to sell.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
13,055 SF
Building Class
C
Year Built
1976
Price
$884,000
Price Per SF
$67.71
Cap Rate
5.66%
NOI
$50,000
Percent Leased
80%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,264 SF
Slab To Slab
10’
Building FAR
0.73
Lot Size
0.41 AC
Zoning
C - Commercial of Business Park
Parking
36 Spaces (2.76 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 233-1008-001 | Improvements Assessment | $690,700 |
| Land Assessment | $193,800 | Total Assessment | $884,500 |
PROPERTY TAXES
Parcel Number
233-1008-001
Land Assessment
$193,800
Improvements Assessment
$690,700
Total Assessment
$884,500
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