$2,078,894 USD
214-692-2289
1951 E Main St
Waukesha, WI 53186
Eastern Waukesha
HIGHLIGHTS
- Bonus Depreciation – The subject property qualifies for bonus depreciation (discuss with a tax professional)
- Long-Term Lease – 20-year original lease with ±6.75 years remaining
- Early Lease Extension – Tenant extended their lease early adding an additional 8-year of lease term
- Absolute NNN Lease – Zero landlord responsibilities
- Annual Rent Increases – 1.5% annual rent escalations, providing steady income growth
- Extension Options – Four, 5-year renewal options, all of which include 1.5% annual rent increases
FOR SALE DETAILS
PRICE
$2,078,894 USD
PRICE/SF
$1,784 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valvoline
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.49 AC
LAND SF
21,344 SF
ZONING
B-5
APN/PARCEL ID
WAKC-1005-238
ASK ABOUT THIS PROPERTY
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214-692-2289
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214-692-2289
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