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The Retail House at Wells 528 Wells St 19,648 SF 100% Leased Office Building Delafield, WI 53018 $3,360,000 ($171.01/SF)
Investment Highlights
- 16,744 SF Retail/Office building in the heart of downtown Delafield.
- 100% Occupied
- 2027 NOI of $176,192
Executive Summary
The Retail House at Wells is a 16,744 sq ft building located in downtown Delafield.
The building is 100% occupied by Wheel & Sprocket, Bartelt Remodeling, Boutique Wealth Management, Simply Natural Cleaners and The Fairy Face Aesthetic.
The property currently generates $176,192 in net operating income. There exists second level attic space that could be developed into residential or office space.
The building is 100% occupied by Wheel & Sprocket, Bartelt Remodeling, Boutique Wealth Management, Simply Natural Cleaners and The Fairy Face Aesthetic.
The property currently generates $176,192 in net operating income. There exists second level attic space that could be developed into residential or office space.
Property Facts
Sale Type
Investment
Property Type
Building Size
19,648 SF
Building Class
B
Year Built/Renovated
1900/1995
Price
$3,360,000
Price Per SF
$171.01
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,493 SF
Building FAR
0.52
Lot Size
0.88 AC
Zoning
B
Parking
13 Spaces (0.66 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Virtual Incision Corporation
- Manufacturing
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Virtual Incision Corporation | Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,932,300 | |
| Land Assessment | $905,000 | Total Assessment | $7,837,300 |
Property Taxes
Parcel Numbers
Land Assessment
$905,000
Improvements Assessment
$6,932,300
Total Assessment
$7,837,300
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