6114 W Capitol Dr - Medical FOR SALE


Milwaukee, WI 53216- Capitol Heights
$1,100,000 USD
920-968-4700
6114 W Capitol Dr, Milwaukee, WI for Sale
$1,100,000 USD
Medical - FOR SALE
1/19
null | 9.17% Cap Rate

6114 W Capitol Dr
Milwaukee, WI 53216
Capitol Heights


HIGHLIGHTS

  • 9.17% Cap Rate
  • Strong historical presence
  • 11 private offices

OVERVIEW

• Potential for additional $17,000 in annual income from billboard-process has already been started. • Strong historical occupancy • Located on Capitol Drive, one of Milwaukee’s primary east–west commercial corridors with strong daily traffic counts. • Priced below replacement cost and below many recent comparable sales on a per square-foot basis. • 11 private offices - 100% leased, providing stable in-place cash flow

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

9.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9.17% CAP RATE MULTI-TENANT INVESTMENT

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

LB2

APN/PARCEL ID

250-0319-000-8

ASK ABOUT THIS PROPERTY

Samuel HoheiselNAI PfefferleMore Info
920-968-4700

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Samuel HoheiselNAI PfefferleMore Info
920-968-4700

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