5575 N Port Washington Rd - Freestanding FOR SALE
Milwaukee, WI 53217 |
$6,750,000 USD
844-585-7682
5575 N Port Washington Rd
Milwaukee, WI 53217
HIGHLIGHTS
- Four-Tenant, Service- and Necessity-Based Retail Investment Across from Bayshore, One of Wisconsin’s Premier Mixed-Use Destinations
- Three of the four tenants have rental increases in year two, increasing the cap rate by 35 basis points
- Corporate Wild Fork Foods: Premium meat and seafood market backed by JBS USA, a subsidiary of JBS S.A., the largest meatpacking company in the world
- Corporate Pearle Vision: Long-term operating history since 2003 (23 years)
- Corporate Panera Bread: Long-term operating history since 2003 (23 years)
- Vivo Infusion: Brand-new 5-year lease
FOR SALE DETAILS
PRICE
$6,750,000 USD
PRICE/SF
$1,316 USD /SF
CAP RATE
6.55%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cornerstone Shopping Center | Glendale, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.05 AC
LAND SF
45,651 SF
ZONING
-
APN/PARCEL ID
196-8985-001
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844-585-7682
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844-585-7682
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