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5515 W Florist Ave 20,448 SF Industrial Building Milwaukee, WI 53218 $1,906,753 CAD ($93.25 CAD/SF)

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Investment Highlights

Impressive, clean warehouse and office spaces. Features two docks, a drive-in door, and large parking lot.

Executive Summary

Ideal location for your warehouse, manufaturing, offices, or service business. You are centrally located to reach all of Milwaukee and the surrounding counties, with easy access to I-41, I-43, and I-94. Impress your customers, suppliers, and employees by inviting them to this Beautiful, modern, clean 20,448 sq ft warehouse that includes impressive offices. THREE OVERHEAD DOORS: two recessed below grade for docking semis, plus one drive-in truck door. Features four bathrooms, a large conference room, and a nice kitchen area. The TENANT IS MOVING TO A NEW LOCATION when new owner gives them 90 DAYS NOTICE, otherwise their NNN lease expires 9/30/2027 and they will not renew. While they are there the rent is $11,666.67/mo NNN; this is a 9.5 CAP. The purchase price is a bargain at $68.42 per square foot for an excellently maintained building. Call lister with questions at 414-788-0449 or email ggoldman@remax.net

Offering Memorandum MLS

Floor Plan

Matterport Tour

TEMPORARY Estim P&L for current tenant

Property Facts

Price	$1,906,753 CAD	No. Stories	1
Price Per SF	$93.25 CAD	Year Built/Renovated	1969/2017
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.59/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Industrial Manufacturing Showroom	Clear Ceiling Height	18’
Building Class	B	No. Dock-High Doors/Loading	2
Lot Size	0.78 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	20,448 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IL-1

Price	$1,906,753 CAD
Price Per SF	$93.25 CAD
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Manufacturing Showroom
Building Class	B
Lot Size	0.78 AC
Rentable Building Area	20,448 SF
No. Stories	1
Year Built/Renovated	1969/2017
Tenancy	Single
Parking Ratio	0.59/1,000 SF
Clear Ceiling Height	18’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IL-1