11700 W Lake Park Dr - Day Care Center FOR SALE
Milwaukee, WI 53224 |
$4,350,000 USD
843-517-8095
11700 W Lake Park Dr
Milwaukee, WI 53224
HIGHLIGHTS
- High-Yield Investment: With $348,000 in annual NOI, this KidTown Academy asset delivers strong returns.
- Favorable Demographics: Positioned northwest of Milwaukee toward Meomonee Falls with nearly 600,000 residents.
- Strong Market Demand: In 2024, households within 5 miles allocated more than $99 million toward education and childcare.
- Unique Operation with New 7-Year Lease: KidTown Academy occupies over 32,000 SF in a repurposed office facility.
- Close to Feeder Schools: Within 5 miles are several key elementary schools, including Cooper, Garland, Victory, Honey Creek, and Whitman.
OVERVIEW
We are pleased to exclusively offer for sale the 32,334 SF KidTown Academy, located at 11700 W Lake Park Dr in Milwaukee, WI. This offering presents a high-yield investment opportunity, generating an impressive $348,000 in annual NOI. The property provides strong returns and long-term income stability, supported by tenant extension options, making it an attractive and secure addition to any investment portfolio.
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$4,350,000 USD
PRICE/SF
$135 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KidTown Academy - Milwaukee, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.03 AC
LAND SF
131,987 SF
ZONING
pd
APN/PARCEL ID
076-0032-000-3
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843-517-8095
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843-517-8095
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