This Retail Property is no longer advertised on LoopNet.co.uk.
4965-4975 S 76TH St
Milwaukee, WI 53220
100% Occ. Verizon Anch Strip| Milwaukee MSA · Retail Property For Sale
![4965-4975 S 76TH St, Milwaukee, WI for sale - Building Photo - Image 1 of 1](https://images.loopnet.co.uk/i2/j5awpyZdP1bEBfmlg3DTyWn_UejKK2qvbkdXcDWfvCQ/110/4965-4975-S-76TH-St-Milwaukee-WI-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- 100% Occupied, 9,029 SF 5-Tenant Neighborhood Strip in Milwaukee, WI
- Dense Infill Middle-Income Location: 8,427 Residents and AHHI of $83K within a 1-Mi Radius
- Ease of Management: Only 5 Tenants, All NNN Leases with Staggered Expirations
- Verizon (33% of GLA) Leased thru May 2026 on NNN Lease – Corporate Store
- All Tenants Have Rent Increases in Base Term Providing Real NOI Growth & Inflation Hedge
- Offers 12.4% Year 1 Cash-on-Cash Return & 19.8% Year 1 Total Return with Proposed Financing Terms
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Freestanding
- General Retail Storefront
Building Size
9,029 SF
Building Class
C
Year Built/Renovated
1980/1994
Tenancy
Multiple
Number of Floors
1
Slab to Slab
14 ft
Building FAR
0.26
Lot Size
0.80 AC
Zoning
C4
Parking
50 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
136 ft on S 76th St St
AMENITIES
- Bus Route
- Monument Signage
PROPERTY TAXES
Parcel Number | 616-8974-003 | Improvements Assessment | £1,389,247 |
Land Assessment | £707,652 | Total Assessment | £2,096,899 |
Listing ID: 20994028
Date on Market: 18/09/2020
Last Updated:
Address: 4965-4975 S 76TH St, Milwaukee, WI 53220