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KidTown Academy - Milwaukee, WI 11700 W Lake Park Dr 32,334 SF Retail Building Milwaukee, WI 53224 $6,069,120 CAD ($187.70 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- High-Yield Investment: With $348,000 in annual NOI, this KidTown Academy asset delivers strong returns.
- Strong Market Demand: In 2024, households within 5 miles allocated more than $99 million toward education and childcare.
- Close to Feeder Schools: Within 5 miles are several key elementary schools, including Cooper, Garland, Victory, Honey Creek, and Whitman.
- Favorable Demographics: Positioned northwest of Milwaukee toward Meomonee Falls with nearly 600,000 residents.
- Unique Operation with New 7-Year Lease: KidTown Academy occupies over 32,000 SF in a repurposed office facility.
EXECUTIVE SUMMARY
We are pleased to exclusively offer for sale the 32,334 SF KidTown Academy, located at 11700 W Lake Park Dr in Milwaukee, WI. This offering presents a high-yield investment opportunity, generating an impressive $348,000 in annual NOI. The property provides strong returns and long-term income stability, supported by tenant extension options, making it an attractive and secure addition to any investment portfolio.
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
32,334 SF
Building Class
B
Year Built/Renovated
2012/2021
Price
$6,069,120 CAD
Price Per SF
$187.70 CAD
Cap Rate
8%
NOI
$485,530 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
3.03 AC
Zoning
pd - Planned Development
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 076-0032-000-3 | Improvements Assessment | $1,931,096 CAD |
| Land Assessment | $338,336 CAD | Total Assessment | $2,269,432 CAD |
PROPERTY TAXES
Parcel Number
076-0032-000-3
Land Assessment
$338,336 CAD
Improvements Assessment
$1,931,096 CAD
Total Assessment
$2,269,432 CAD
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KidTown Academy - Milwaukee, WI | 11700 W Lake Park Dr
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