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Investment Highlights

  • Multi-tenant office building in the desirable Northshore community of Glendale
  • Perfect opportunity for the next owner-user needing all or a portion of the building and/or local investor
  • Easy-to-find and easy-to-access location immediately off I-43
  • Destination commercial uses in immediate area including Orthopedic, Nursing, Pediatrics, and Senior Care medical uses

Executive Summary

Exceptional opportunity to own a small well-maintained, high-visibility multi-tenant office property in the desirable Northshore community of Glendale. With an easy-to-find and easy-to-access location immediately off a newly reconstructed exit to Port Washington Road at Hampton Avenue, this currently owner-occupied, building keeps good company with its best-in-class medical/healthcare, corporate, and commercial neighbors including Ascension Wisconsin, the Orthopedic Hospital of Wisconsin, Blount Orthopedic, RiverGlen Pediatric Clinic, Heartis Senior Living Village, Northshore Montessori School, Nurturing Nook child daycare, the Holiday Inn Rivercenter & Anchorage restaurant, legendary Solly’s butterburger restaurant and others. Perfect opportunity for the next owner-user needing all or a portion of the building and/or investor looking for that genuinely achievable value-add play. Re-priced...... to sell.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
13,055 SF
Building Class
C
Year Built
1976
Price
$1,242,285 CAD
Price Per SF
$95.16 CAD
Cap Rate
5.66%
NOI
$70,265 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,264 SF
Slab To Slab
10’
Building FAR
0.73
Lot Size
0.41 AC
Zoning
C - Commercial of Business Park
Parking
36 Spaces (2.76 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Consumer & Employment Law Ctr
  • Professional, Scientific, and Technical Services
  • 600 SF
  • -
  • -
  • Kina Reserves Inc
  • Public Administration
  • -
  • -
  • -

.

  • Professional, Scientific, and Technical Services
  • 200 SF
  • -
  • -

I have been helping people for over 35 years and thoroughly enjoy my work as an attorney. I have taken my clients' cause to court when necessary, but my investigation and preparation of the claim frequently results in the successful mediation or negotiation of a settlement that achieves my client's goal. When choosing a course of action in a complex legal environment, my approach is always to provide options to my clients, and we make informed decisions together.

  • Reckmeyer Law, LLC
  • Professional, Scientific, and Technical Services
  • 1,000 SF
  • -
  • -
  • Rinehart Scaffidi & Mathews
  • Real Estate
  • -
  • -
  • -

.

  • Urban & Taylor SC
  • Professional, Scientific, and Technical Services
  • 750 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Consumer & Employment Law Ctr Professional, Scientific, and Technical Services 600 SF - -
Kina Reserves Inc Public Administration - - -
Professional, Scientific, and Technical Services 200 SF - -
Reckmeyer Law, LLC Professional, Scientific, and Technical Services 1,000 SF - -
Rinehart Scaffidi & Mathews Real Estate - - -
Urban & Taylor SC Professional, Scientific, and Technical Services 750 SF - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 3rd Fl-Ste Suite 300
  • 2,611 SF
  • Office
  • -
  • Now
Space Size Space Use Build-Out Available
3rd Fl-Ste Suite 300 2,611 SF Office - Now

3rd Fl-Ste Suite 300

Size
2,611 SF
Space Use
Office
Build-Out
-
Available
Now

3rd Fl-Ste Suite 300

Size 2,611 SF
Space Use Office
Build-Out -
Available Now

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
233-1008-001
Land Assessment
$272,347 CAD
Improvements Assessment
$970,641 CAD
Total Assessment
$1,242,988 CAD
  • Listing ID: 22153799

  • Date on Market: 2021-02-03

  • Last Updated:

  • Address: 4701 N Port Washington Rd, Glendale, WI 53212

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