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1951 E Main St
Waukesha, WI 53186
Valvoline · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Bonus Depreciation – The subject property qualifies for bonus depreciation (discuss with a tax professional)
- Early Lease Extension – Tenant extended their lease early adding an additional 8-year of lease term
- Annual Rent Increases – 1.5% annual rent escalations, providing steady income growth
- Long-Term Lease – 20-year original lease with ±6.75 years remaining
- Absolute NNN Lease – Zero landlord responsibilities
- Extension Options – Four, 5-year renewal options, all of which include 1.5% annual rent increases
EXECUTIVE SUMMARY
Broker of Record
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,165 SF
Building Class
C
Year Built
1993
Price
$2,859,768 CAD
Price Per SF
$2,454.74 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.49 AC
Zoning
B-5
Frontage
168’ on Longview Drive
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | WAKC-1005-238 | Improvements Assessment | $475,689 CAD |
| Land Assessment | $359,725 CAD | Total Assessment | $835,414 CAD |
PROPERTY TAXES
Parcel Number
WAKC-1005-238
Land Assessment
$359,725 CAD
Improvements Assessment
$475,689 CAD
Total Assessment
$835,414 CAD
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