Log In/Sign Up
Your email has been sent.
5400-5426 N Lovers Lane Rd 26,760 SF 100% Leased Retail Building Milwaukee, WI 53225 $2,385,000 ($89.13/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Currently ±93% occupied by a diverse mix of local, service-oriented tenants
- Significant upside potential by converting existing gross leases to net leases
- Robust demographics: over 230,000 residents within a 5-mile radius and average household income exceeding $70,000
- Multiple tenants have recently renewed leases, demonstrating long-term commitment to the property
- Ample parking and an excellent retail location with strong traffic counts
- Sale Price: $2,385,000 (9.00% Cap Rate)
EXECUTIVE SUMMARY
High-performing ±27,000 SF neighborhood retail center located in Milwaukee, Wisconsin
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
26,760 SF
Building Class
C
Year Built
1985
Price
$2,385,000
Price Per SF
$89.13
Cap Rate
9%
NOI
$214,650
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
1.28 AC
Zoning
LB1
Parking
76 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
293’ on N Lovers Lane
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 183-9969-110-5 | Improvements Assessment | $1,070,600 |
| Land Assessment | $222,700 | Total Assessment | $1,293,300 |
PROPERTY TAXES
Parcel Number
183-9969-110-5
Land Assessment
$222,700
Improvements Assessment
$1,070,600
Total Assessment
$1,293,300
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
5400-5426 N Lovers Lane Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.