Industrial Flex
Milwaukee Flex Industrial
7834 - 7842 N Faulkner Rd, Milwaukee, WI 53224
Listing Price: $1,849,999
Cap Rate
6.83%
Lot Size
5.45 acres
Year Built
1979
Rentable SF
29,747
Investment Overview
Marcus & Millichap is pleased to present this fully occupied flex industrial building in Milwaukee. There are four tenants on a mix of net and gross leases, and a new roof was installed in 2020.
Investment Highlights
- 100 Percent Occupied With Four Units
- Two Triple Net Leases With Options (49.57 Percent of Gross Leasable Area)
- Two Gross Leases Without Options (50.43 Percent of Gross Leasable Area)
- Both Net Lease Tenants are Responsible for Their Share of Parking Lot Expenses
- New Roof in 2020
- 15 Miles From Downtown Milwaukee
- Market Occupancy of 98.1 Percent per Costar
Exclusively Listed By
Financing By
Listing Price: $1,849,999
Cap Rate
6.83%
Lot Size
5.45 acres
Year Built
1979
Rentable SF
29,747
Investment Highlights
- 100 Percent Occupied With Four Units
- Two Triple Net Leases With Options (49.57 Percent of Gross Leasable Area)
- Two Gross Leases Without Options (50.43 Percent of Gross Leasable Area)
- Both Net Lease Tenants are Responsible for Their Share of Parking Lot Expenses
- New Roof in 2020
- 15 Miles From Downtown Milwaukee
- Market Occupancy of 98.1 Percent per Costar
Investment Overview
Marcus & Millichap is pleased to present this fully occupied flex industrial building in Milwaukee. There are four tenants on a mix of net and gross leases, and a new roof was installed in 2020.