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1827 N Farwell Ave
Milwaukee, WI 53202
Pizza Shuttle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Affluent Community
- Historically Successful Brand with a Strong Local Customer Base
- Robust Traffic Counts and Visibility
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a Pizza Shuttle located at 1827 N Farwell Ave, Milwaukee, WI 53202. The site consists of roughly 4,094 rentable square feet of building space on an estimated 0.18-acre parcel of land. This Pizza Shuttle is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $153,215 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,094 SF
Building Class
B
Year Built/Renovated
1986/2010
Price
$3,245,542 CAD
Price Per SF
$792.76 CAD
Cap Rate
6.50%
NOI
$210,960 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.18 AC
Zoning
R02
Frontage
57’ on Farwell Ave
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 355-0292-000-4 | Improvements Assessment | $566,212 CAD |
| Land Assessment | $332,207 CAD | Total Assessment | $898,419 CAD |
PROPERTY TAXES
Parcel Number
355-0292-000-4
Land Assessment
$332,207 CAD
Improvements Assessment
$566,212 CAD
Total Assessment
$898,419 CAD
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