$2,385,000 USD
248-848-4089
5400-5426 N Lovers Lane Rd
Milwaukee, WI 53225
Timmerman West
HIGHLIGHTS
- Currently ±93% occupied by a diverse mix of local, service-oriented tenants
- Multiple tenants have recently renewed leases, demonstrating long-term commitment to the property
- Significant upside potential by converting existing gross leases to net leases
- Ample parking and an excellent retail location with strong traffic counts
- Robust demographics: over 230,000 residents within a 5-mile radius and average household income exceeding $70,000
- Sale Price: $2,385,000 (9.00% Cap Rate)
FOR SALE DETAILS
PRICE
$2,385,000 USD
PRICE/SF
$89 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
76
LAND DETAILS
LAND ACRES
1.28 AC
LAND SF
55,757 SF
ZONING
LB1
APN/PARCEL ID
183-9969-110-5
ASK ABOUT THIS PROPERTY
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248-848-4089
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248-848-4089
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