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Stratford Plaza 12132 W Capitol Dr 25,725 SF 100% Leased Retail Building Wauwatosa, WI 53222 $8,184,009 CAD ($318.13 CAD/SF) 6.20% Cap Rate
Investment Highlights
- Plenty of upside to lease the vacant space including the prime end cap / All leases are NNN
- Located within the Milwaukee MSA with over 1.5 million residents Just 10 miles from downtown Milwaukee
- Advance Auto and Sherwin Williams represent 41% of the space and 36% of the income
- Strong tenant mix with national credit tenants / Outparcel to Home Depot in strong retail area
- Right off of the I-41 with over 150,000 VPD
- Surrounded by institutionally owned properties
Executive Summary
Bang Realty is pleased to offer for sale Stratford Plaza Retail Center in Wauwatosa, WI.
This ±25,701 SF class A retail center and is 76.2% occupied.
An outparcel to Home Depot, this center is located right off of the Interstate 41 with over 150,000 vehicles per day.
This ±25,701 SF class A retail center and is 76.2% occupied.
An outparcel to Home Depot, this center is located right off of the Interstate 41 with over 150,000 vehicles per day.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
25,725 SF
Building Class
B
Year Built
2005
Price
$8,184,009 CAD
Price Per SF
$318.13 CAD
Cap Rate
6.20%
NOI
$507,571 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.98 AC
Zoning
C-C - C-C, Commercial
Parking
123 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 257-9994-008 | Improvements Assessment | $5,426,840 CAD |
| Land Assessment | $3,928,678 CAD | Total Assessment | $9,355,518 CAD |
Property Taxes
Parcel Number
257-9994-008
Land Assessment
$3,928,678 CAD
Improvements Assessment
$5,426,840 CAD
Total Assessment
$9,355,518 CAD
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Stratford Plaza | 12132 W Capitol Dr
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