4965-4975 S 76TH St | Milwaukee, WI 53220
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- LoopNet Team
4965-4975 S 76TH St
Milwaukee, WI 53220
100% Occ. Verizon Anch Strip| Milwaukee MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied, 9,029 SF 5-Tenant Neighborhood Strip in Milwaukee, WI
- Dense Infill Middle-Income Location: 8,427 Residents and AHHI of $83K within a 1-Mi Radius
- Ease of Management: Only 5 Tenants, All NNN Leases with Staggered Expirations
- Verizon (33% of GLA) Leased thru May 2026 on NNN Lease – Corporate Store
- All Tenants Have Rent Increases in Base Term Providing Real NOI Growth & Inflation Hedge
- Offers 12.4% Year 1 Cash-on-Cash Return & 19.8% Year 1 Total Return with Proposed Financing Terms
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,029 SF
Building Class
C
Year Built/Renovated
1980/1994
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.26
Lot Size
0.80 AC
Zoning
C4
Parking
50 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
136’ on S 76th St St
AMENITIES
- Bus Line
- Monument Signage
PROPERTY TAXES
| Parcel Number | 616-8974-003 | Improvements Assessment | $1,754,100 |
| Land Assessment | $893,500 | Total Assessment | $2,647,600 |
PROPERTY TAXES
Parcel Number
616-8974-003
Land Assessment
$893,500
Improvements Assessment
$1,754,100
Total Assessment
$2,647,600
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