1275 W Capitol Dr - Retail FOR SALE


Pewaukee, WI 53072
$3,797,048 USD
414-273-4600
1275 W Capitol Dr, Pewaukee, WI for Sale
$3,797,048 USD
Retail - FOR SALE
1/8
null | 7.25% Cap Rate

1275 W Capitol Dr
Pewaukee, WI 53072


HIGHLIGHTS

  • Two-Tenant NNN Investment - 100% leased to Planet Fitness (18,731SF) & PetSmart (14,607SF)
  • Stabilized Cash Flow - WALT: 4.61 years
  • Premier Capitol Drive Exposure - Part of Meadow Creek Market mixed-use development with new UW Credit Union branch
  • Strong Site Fundamentals -Total GLA: 33,338 SF on 4.82 acres

OVERVIEW

Pewaukee Commons presents a stabilized two-tenant investment property located in one of Milwaukee’s most desirable suburbs. The property is fully leased to Planet Fitness and PetSmart. The Property is located within the Meadow Creek Market Planned Development that includes high traffic retailers such as Costco, Walmart, Menard’s and a Pick ‘n Save amongst dozens of nationally recognized QSR’s, Fast Casual; Restaurants and convenience retail. Daytime population is 111,767 and Average Household Income exceeds $150,000.

FOR SALE DETAILS

PRICE

$3,797,048 USD

PRICE/SF

$114 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pewaukee Commons

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.46 AC

LAND SF

324,958 SF

ZONING

General Retail

APN/PARCEL ID

PWV-0901-993-001

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.