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5400-5426 N Lovers Lane Rd 26,760 SF 100% Leased Retail Building Milwaukee, WI 53225 For Sale
Investment Highlights
- Currently ±100% occupied by a diverse mix of local, service-oriented tenants
- Multiple tenants have recently renewed leases, demonstrating long-term commitment to the property
- Ample parking and an excellent retail location with strong traffic counts and robust retail demographics
- ±$222,000 in-place NOI
- Significant upside potential by converting existing gross leases to net leases
Executive Summary
Strong-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
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
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5400-5426 N Lovers Lane Rd
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