Single-Tenant Office
U.S. Bank Single-Tenant Office
615 E Michigan St, Milwaukee, WI 53202
Listing Price: $12,500,000
Cap Rate
8.00%
Gross SF
110,636
Rentable SF
110,636
Price/Gross SF
$112.98
Lot Size
0.96 acres
Year Built
1963
Investment Overview
Single-Tenant Office leased to U.S. Bank (S&P A+)
U.S. Bank Single-Tenant Office
Investment Highlights
- Institutional-Grade Credit Leased to U.S. Bank N.A. (S&P A+ credit rating), providing exceptional income security and minimal default risk.
- Long-term Lease with Escalations Recently recommitted to a 7-year Lease with 2% annual rent increases, supporting long-term value growth and inflation protection.
- Key U.S. Bank Hub Location This office location near other critical U.S. Bank offices are connected with a Skywalk making a long-term commitment to this facility very likely.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
Listing Price: $12,500,000
Cap Rate
8.00%
Gross SF
110,636
Rentable SF
110,636
Price/Gross SF
$112.98
Lot Size
0.96 acres
Year Built
1963
Investment Highlights
- Institutional-Grade Credit Leased to U.S. Bank N.A. (S&P A+ credit rating), providing exceptional income security and minimal default risk.
- Long-term Lease with Escalations Recently recommitted to a 7-year Lease with 2% annual rent increases, supporting long-term value growth and inflation protection.
- Key U.S. Bank Hub Location This office location near other critical U.S. Bank offices are connected with a Skywalk making a long-term commitment to this facility very likely.
Investment Overview
Single-Tenant Office leased to U.S. Bank (S&P A+)
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
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