11015 W Oklahoma Ave - Specialty FOR SALE


West Allis, WI 53227- Wauwatosa/West Allis
$1,550,000 USD
414-273-4600
11015 W Oklahoma Ave, West Allis, WI for Sale
$1,550,000 USD
Specialty - FOR SALE
1/6
null | 6.76% Cap Rate

11015 W Oklahoma Ave
West Allis, WI 53227
Wauwatosa/West Allis


HIGHLIGHTS

  • 100% Occupied by the United States Postal Service (USPS)
  • Highly Trafficked, Visibility-Rich Corridor
  • Strong Co-Tenancy with High-Traffic Ace Hardware

OVERVIEW

Invest in this prime investment opportunity at USPS - 11015 W Oklahoma Ave, West Allis WI. The property features an 8,732 SF condo unit within a retail strip anchored by Ace Hardware, offering a solid 6.77% cap rate and $104,785 in Year 1 NOI. Occupied by the United States Postal Service, the location benefits from its mission-critical government tenant and co-tenancy with a high-traffic Ace Hardware, attracting over 235,000 annual visits. The site's strategic visibility along Oklahoma Avenue, with 13,500 VPD, presents excellent traffic exposure. With potential for residual redevelopment or re-tenanting, the property offers market rent upside with a five-year renewal option. If USPS vacates, the 8,732 SF box is ideal for service-based, medical, or retail replacement tenants. Situated near major commuter corridors, including U.S. Highway 41/I-894, this property is a compelling investment with both stability and growth opportunities. Secure a reliable income stream with significant upside potential at this sought-after location.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United States Postal Service

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

123

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

G2

APN/PARCEL ID

523-9986-003

ASK ABOUT THIS PROPERTY

Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

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Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.