Log In/Sign Up
Your email has been sent.
620 Elizabeth Ct 25,662 SF Retail Building Brookfield, WI 53045 $4,200,000 ($163.67/SF) 7.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased Investment
- Centrally located in SE Wisconsin's Strongest Retail Corridor
- Many Recent Improvements to Structure
EXECUTIVE SUMMARY
Recently renovated retail/ commercial/ flex building immediately north of Bluemound Rd., in Brookfield, WI.
Seconds to the Goerke's Corners/ Interstate - 94 freeway interchange.
Building offers a fantastic location and a very flexible layout capable of accommodating a variety of business uses.
Building is leased by Authentic Sports Specialty, Inc., dba Stefan's Soccer through 2029. Tenant has 1 - 5 year renewal option and rent increases annually at 3%.
Building is presently used for office, retail and production operations.
Improvements include a new roof, new HVAC and a complete interior renovation/ rebuild.
Seconds to the Goerke's Corners/ Interstate - 94 freeway interchange.
Building offers a fantastic location and a very flexible layout capable of accommodating a variety of business uses.
Building is leased by Authentic Sports Specialty, Inc., dba Stefan's Soccer through 2029. Tenant has 1 - 5 year renewal option and rent increases annually at 3%.
Building is presently used for office, retail and production operations.
Improvements include a new roof, new HVAC and a complete interior renovation/ rebuild.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
25,662 SF
Building Class
C
Year Built/Renovated
1995/2019
Price
$4,200,000
Price Per SF
$163.67
Cap Rate
7.49%
NOI
$314,580
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
3.02 AC
Zoning
B-2
Parking
143 Spaces (5.57 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | BKFT-1123-992-002 | Improvements Assessment | $1,366,200 (2024) |
| Land Assessment | $1,312,000 (2024) | Total Assessment | $2,678,200 (2024) |
PROPERTY TAXES
Parcel Number
BKFT-1123-992-002
Land Assessment
$1,312,000 (2024)
Improvements Assessment
$1,366,200 (2024)
Total Assessment
$2,678,200 (2024)
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
620 Elizabeth Ct
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.