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Pawn America Building 7530 W Lincoln Ave 8,105 SF Retail Building Milwaukee, WI 53219 $1,900,000 ($234.42/SF) 7.95% Cap Rate
Investment Highlights
- NNN Investment Opportunity
- High Volume Traffic Area
- Fully Occupied
Executive Summary
This offering presents the opportunity to acquire a single-tenant net leased investment occupied by Pawn America, a well-established regional operator with a long-term operating history. The property is strategically positioned at the signalized northeast corner of Lincoln Avenue West and 76th Street South in West Allis, Wisconsin, providing
strong visibility, convenient access, and consistent daily traffic exposure.
Pawn America executed a 15-year lease commencing in September 2016 with a current expiration date of September 15, 2031. The lease structure provides investors with stable and predictable income backed by a nationally recognized pawn and retail operator. In addition, the tenant maintains one five-year renewal option, offering the potential for
extended occupancy and continued cash flow.
The property benefits from its location within an established commercial corridor serving the greater Milwaukee metropolitan area. The signalized intersection location enhances customer accessibility while surrounding retail, residential neighborhoods, and commuter traffic contribute to the site’s long-term viability.
strong visibility, convenient access, and consistent daily traffic exposure.
Pawn America executed a 15-year lease commencing in September 2016 with a current expiration date of September 15, 2031. The lease structure provides investors with stable and predictable income backed by a nationally recognized pawn and retail operator. In addition, the tenant maintains one five-year renewal option, offering the potential for
extended occupancy and continued cash flow.
The property benefits from its location within an established commercial corridor serving the greater Milwaukee metropolitan area. The signalized intersection location enhances customer accessibility while surrounding retail, residential neighborhoods, and commuter traffic contribute to the site’s long-term viability.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,105 SF
Building Class
C
Year Built/Renovated
1958/2015
Price
$1,900,000
Price Per SF
$234.42
Cap Rate
7.95%
NOI
$151,050
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.56
Lot Size
0.33 AC
Zoning
C-2 - Building C-2, Neighborhood Commercial District
Parking
22 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
120’ on Lincoln Ave
Amenities
- Bus Line
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 476-0659-000 | Improvements Assessment | $186,600 |
| Land Assessment | $116,400 | Total Assessment | $303,000 |
Property Taxes
Parcel Number
476-0659-000
Land Assessment
$116,400
Improvements Assessment
$186,600
Total Assessment
$303,000
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