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S80W18906 Janesville Rd - Muskego, WI 53150
Muskego, WI 53150
Cadence Academy - Muskego, WI · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Cadence Education is one of the largest private childcare providers in the United States
- ~15 years remaining on the initial term with favorable 2% annual rent escalators.
- 10 feeder elementary schools within a 5-mile radius.
- Muskego, a suburb of Milwaukee, is a 20-minute drive from Milwaukee Mitchell International Airport (MKE).
- Average household income of $138,806 and a population of 54,198 residents within a 5-mile radius, and 381,297 people making $108,723 within 10-miles.
EXECUTIVE SUMMARY
We are pleased to exclusively offer for sale the 4,986 SF Cadence Academy located at S80W18906 Janesville Rd in Muskego, WI. This deal includes ~15 years remaining on the initial term with favorable 2% annual rent escalators, providing for a secured investment.
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,986 SF
Building Class
C
Year Built/Renovated
2001/2004
Price
$1,910,174
Price Per SF
$383.11
Cap Rate
5.95%
NOI
$113,655
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.12
Lot Size
0.97 AC
Parking
20 Spaces (4.01 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | MSKC-2192-976-001 | Improvements Assessment | $558,100 |
| Land Assessment | $250,600 | Total Assessment | $808,700 |
PROPERTY TAXES
Parcel Number
MSKC-2192-976-001
Land Assessment
$250,600
Improvements Assessment
$558,100
Total Assessment
$808,700
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