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Shopping Strip

Bay View Retail Center

2121 S Kinnickinnic Ave, Milwaukee, WI 53207

Listing Price: $3,590,000

Cap Rate
7.00%
Gross SF
18,832
Rentable SF
18,832
Price/Gross SF
$190.63
Lot Size
0.43 acres
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to present this first-floor retail center in Milwaukee's Bay View neighborhood. This center has enjoyed strong occupancy and has one newly vacant unit offering upside for the next landlord. Four of the six tenants are on triple net leases including management fee reimbursement, and the other two are on modified net leases. These retail units are part of a condo association with substantial reserves.

The retail center at 2258-2264 S. Kinnickinnic Avenue is also available for sale. Please contact agent for the OM and more information.

Investment Highlights

  • 91.69 Percent Occupied First Floor Retail Units - Six Leased Units and One Vacancy (1,565 SF)
  • Class "A" Construction Built in 2005
  • Long Term Tenancy with Service-Oriented Businesses
  • Corner Lot with Large Off-Street Parking Lot, Surrounded by Hundreds of Apartment Units

Exclusively Listed By

Financing By

Shopping Strip

Bay View Retail Center

Listing Price: $3,590,000

Cap Rate
7.00%
Gross SF
18,832
Rentable SF
18,832
Price/Gross SF
$190.63
Lot Size
0.43 acres
Year Built
2005

Investment Highlights

  • 91.69 Percent Occupied First Floor Retail Units - Six Leased Units and One Vacancy (1,565 SF)
  • Class "A" Construction Built in 2005
  • Long Term Tenancy with Service-Oriented Businesses
  • Corner Lot with Large Off-Street Parking Lot, Surrounded by Hundreds of Apartment Units

Investment Overview

Marcus & Millichap is pleased to present this first-floor retail center in Milwaukee's Bay View neighborhood. This center has enjoyed strong occupancy and has one newly vacant unit offering upside for the next landlord. Four of the six tenants are on triple net leases including management fee reimbursement, and the other two are on modified net leases. These retail units are part of a condo association with substantial reserves. The retail center at 2258-2264 S. Kinnickinnic Avenue is also available for sale. Please contact agent for the OM and more information.

Exclusively Listed By

Financing By

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