N64W22622-N64W22694 Main St - Retail FOR SALE


Sussex, WI 53089
$2,550,000 USD
414-552-0663
N64W22622-N64W22694 Main St, Sussex, WI for Sale
$2,550,000 USD
Retail - FOR SALE
1/5
null | 8.25% Cap Rate

N64W22622-N64W22694 Main St
Sussex, WI 53089


OVERVIEW

- 100% leased, 20,000 SF multi-tenant retail center with nine diversified tenants, providing immediate cash flow with no lease-up risk. - 8.25% going-in cap rate at the $2.55 million asking price, supported by approximately $210,568 of 2026 NOI. - Value-add upside through below-market rents and annual contractual increases, providing a clear path for future NOI growth as leases roll. - Potential ±0.75-acre Main Street outlot creation, offering an additional avenue for value creation, complemented by a newly replaced parking lot and monument sign completed in Summer of 2025.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

168

LAND DETAILS

LAND ACRES

4.93 AC

LAND SF

214,751 SF

ZONING

Commercial

APN/PARCEL ID

SUXV-0239-994-004

ASK ABOUT THIS PROPERTY

Kash KlafkeSmart Asset CapitalMore Info
414-552-0663

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Kash KlafkeSmart Asset CapitalMore Info
414-552-0663

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