2035-2045 E North Ave - Freestanding FOR SALE


Milwaukee, WI 53202- Lower East Side
$2,495,000 USD
262-569-5922
2035-2045 E North Ave, Milwaukee, WI for Sale
$2,495,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

2035-2045 E North Ave
Milwaukee, WI 53202
Lower East Side


OVERVIEW

100% occupied with two established food & beverage tenants on NNN leases Ian's Pizza — Wisconsin institution founded 2001, 7 locations; anchoring this site for 15+ years, lease through 2030 Mad Chicken — fast-growing fast-casual concept, multiple Milwaukee locations with recent Chicago expansion, lease through 2027 $155,000+ combined annual rent with contractual escalations and two 5-year renewal options Signalized corner at North Ave & Prospect Ave on Milwaukee's high-traffic East Side Staggered lease expirations, strong late-night foot traffic, dense residential density and UWM campus nearby

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$408 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

North Avenue

LAND ACRES

0.14 AC

LAND SF

5,907 SF

ZONING

Retail

APN/PARCEL ID

356-0286-000-9

ASK ABOUT THIS PROPERTY

Jerry ErdmannProperty Advisory Group, LTDMore Info
262-569-5922

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

Jerry ErdmannProperty Advisory Group, LTDMore Info
262-569-5922

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