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2177 Silvernail Rd
Pewaukee, WI 53072
Retail Property For Sale
Investment Highlights
- Projected NOI upon full lease-up and conversion of lease structure would be $164,431.00
- Located across the street from Silvernail Plaza, anchored by a high performing Kroger store
Executive Summary
Mid-America Real Estate - WI, LLC offers an investor an opportunity to acquire a well established and well positioned unanchored retail center in the western markets of Milwaukee.
Priced without income on the vacancy and the potential of value add with some lease restructures of existing tenants.
Priced without income on the vacancy and the potential of value add with some lease restructures of existing tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,347 SF
Building Class
B
Year Built
2002
Price
$2,819,264 CAD
Price Per SF
$272.47 CAD
Cap Rate
6.83%
NOI
$192,603 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.16
Lot Size
1.50 AC
Zoning
B-3
Parking
60 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
404’ on Silvernail Rd
Amenities
- Monument Signage
Property Taxes
| Parcel Number | WAKC-0974-082 | Improvements Assessment | $1,039,351 CAD |
| Land Assessment | $1,101,266 CAD | Total Assessment | $2,140,617 CAD |
Property Taxes
Parcel Number
WAKC-0974-082
Land Assessment
$1,101,266 CAD
Improvements Assessment
$1,039,351 CAD
Total Assessment
$2,140,617 CAD
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