Electronics
U.S. Cellular (NYSE: USM) | Infill Location
5275 S 76th St, Greendale (Milwaukee MSA), WI 53129
Listing Price: $2,945,000
Cap Rate
5.50%
Tenant Name
U.S. Cellular
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
4,500
Lease Type
Double Net
Rent Per Square Feet
$35.99
Investment Overview
Marcus & Millichap is pleased to presend the U.S. Cellular in Greedale, (Milwaukee MSA), WI.
U.S. Cellular (NYSE: USM) | Infill Location
Investment Highlights
- 6+ Years Remaining, Corporate Guaranty with 728+ Locations
- Tenant Recently Extended the Lease Early Through 2028
- 10% Increases Every 5 Years Beginning in Each Option Period
- UScellular (NYSE: USM) is 4th Largest Full-Service Wireless Carrier in the U.S, Very High Market Share in Wisconsin (High 30%-Low 40%)
- New High-Quality Brick/Block Construction Built in 2013, Minimal Landlord Responsibilities
- Infill Location, Serving Over 253,000 Residents in Southern Suburb of Milwaukee
- Average Household Income Exceeds $90,000 within a 1-Mile Radius
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
Electronics
U.S. Cellular (NYSE: USM) | Infill Location
Listing Price: $2,945,000
Cap Rate
5.50%
Tenant Name
U.S. Cellular
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
4,500
Lease Type
Double Net
Rent Per Square Feet
$35.99
Investment Highlights
- 6+ Years Remaining, Corporate Guaranty with 728+ Locations
- Tenant Recently Extended the Lease Early Through 2028
- 10% Increases Every 5 Years Beginning in Each Option Period
- UScellular (NYSE: USM) is 4th Largest Full-Service Wireless Carrier in the U.S, Very High Market Share in Wisconsin (High 30%-Low 40%)
- New High-Quality Brick/Block Construction Built in 2013, Minimal Landlord Responsibilities
- Infill Location, Serving Over 253,000 Residents in Southern Suburb of Milwaukee
- Average Household Income Exceeds $90,000 within a 1-Mile Radius
Investment Overview
Marcus & Millichap is pleased to presend the U.S. Cellular in Greedale, (Milwaukee MSA), WI.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
