701 E Sunset Dr - Medical FOR SALE


Waukesha, WI 53189- Eastern Waukesha
$3,820,000 USD
602-687-6766
701 E Sunset Dr, Waukesha, WI for Sale
$3,820,000 USD
Medical - FOR SALE
1/5
null | 7.25% Cap Rate

701 E Sunset Dr
Waukesha, WI 53189
Eastern Waukesha


HIGHLIGHTS

  • 100% Leased to a Diverse Tenant Profile - All Triple-Net (NNN) Leases with National Tenants
  • All Leases Feature 10% Rental Increases and Multiple Renewal Options
  • 99,828 Residents within a 5-Mile Radius - Growing Trade Area in the Milwaukee MSA
  • Outparcel to Meijer Grocery Store
  • Frontage Along Sunset Drive, Visible to 15,000 Cars per Day
  • Average Household Income Exceeds $101,000 in the Surrounding Area

OVERVIEW

Marcus & Millichap is pleased to present for sale Heartland Dental & AT&T Shops in Waukesha, WI. Waukesha is the county seat of Waukesha County, Wisconsin, located along the Fox River. Part of the Milwaukee metropolitan area, the city is home to an estimated 71,000 residents. Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. AT&T (NYSE: T) is the world’s largest telecommunications company and the largest provider of mobile telephone services in the U.S. As of 2020, AT&T was ranked ninth on the Fortune 500 rankings of the largest United States corporations. Tropical Smoothie Café was founded in Destin, Florida and has since grown to more than 1,500 locations across the U.S. Tropical Smoothie Café is a lifestyle brand for people looking for better-for-you alternatives to fast food.

FOR SALE DETAILS

PRICE

$3,820,000 USD

PRICE/SF

$818 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental & AT&T Shops

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

B-5(PUD)

APN/PARCEL ID

WAKC-1350-258

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

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