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5515 W Florist Ave 20,448 SF 100% Leased Industrial Building Milwaukee, WI 53218 $1,399,000 ($68.42/SF)

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EXECUTIVE SUMMARY

Impress your customers, suppliers, and employees with this Beautiful, modern, clean 20,448 sq ft warehouse including awesome offices. THREE OVERHEAD DOORS, two below grade for semi docking, one drive-in door. Four bathrooms, large conference room, nice kitchen area. The TENANT IS WILLING TO MOVE TO NEW LOCATION WITH 90 DAYS NOTICE, otherwise their NNN lease expires 9/30/2027 and they do not wish to renew. While they are there this is a 9.5 CAP. The price is a bargain at $68.42 per square foot for an excellently maintained building. Tenant wants to move to new location, but needs 90 days notice from buyer. Otherwise their lease expires 9/30/2027 and they do not wish to renew. Rent $11,666.67/mo NNN. Call lister with questions 414-788-0449.

Floor Plan

Matterport

Estimate P&L for current tentant

PROPERTY FACTS

Price	$1,399,000	Rentable Building Area	20,448 SF
Price Per SF	$68.42	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1969
Property Type	Industrial	Clear Ceiling Height	18’
Property Subtype	Warehouse	No. Dock-High Doors/Loading	2
Building Class	B	No. Drive In / Grade-Level Doors	1
Lot Size	0.78 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IL-1

Price	$1,399,000
Price Per SF	$68.42
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	0.78 AC
Rentable Building Area	20,448 SF
No. Stories	1
Year Built	1969
Clear Ceiling Height	18’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IL-1