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4811 S 76th St
Greenfield, WI 53220
Edgewood Plaza · Bureau Propriété À vendre


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Faits saillants de l'investissement
- Landmark multi-tenant office building with consistent investment appeal.
- Occupancy at 90% with a diversified tenant mix plus additional revenue streams from cell towers and storage.
- Easy regional access to I-43 and I-894, complemented by strong nearby retail and restaurant amenities including Southridge Mall.
- Long-term anchor tenancy from Associated Bank since 1981, supported by strong regional brand presence.
- Situated on 2.59 acres with ample on-site parking for 173 vehicles.
- Shared building amenities include a conference room and break area for tenant convenience.
Résumé de l'annonce
Edgewood Plaza presents a compelling investment opportunity in the thriving Greenfield submarket of Milwaukee. This four-story Class B office asset features a strong tenancy profile anchored by Associated Bank, which has occupied the property since 1981 and continues as a long-term tenant with additional amenities including drive-through banking lanes and an ATM. The property is currently 90% leased, reflecting strong demand and stable cash flow supported by a diverse mix of medical, legal, engineering, and financial professionals.
Built on approximately 2.59 acres and offering 173 parking spaces, Edgewood Plaza also generates supplementary income from three cell tower leases and six storage units. The property is configured with full-service gross leases incorporating base-year pass-throughs on 60% of leases, benefiting predictable expenses. Tenants enjoy shared conference facilities and break rooms, enhancing marketability and collaboration.
Strategically located less than one mile from I-43 with convenient access to I-894 and local transportation lines, Edgewood Plaza offers regional connectivity and proximity to retail destinations including Southridge Mall and 84South. Traffic counts exceed 25,900 cars per day via WIS DOT. This opportunity offers stabilized occupancy, attractive capitalization metrics, and long-term upside in one of Milwaukee County’s robust business corridors.
Built on approximately 2.59 acres and offering 173 parking spaces, Edgewood Plaza also generates supplementary income from three cell tower leases and six storage units. The property is configured with full-service gross leases incorporating base-year pass-throughs on 60% of leases, benefiting predictable expenses. Tenants enjoy shared conference facilities and break rooms, enhancing marketability and collaboration.
Strategically located less than one mile from I-43 with convenient access to I-894 and local transportation lines, Edgewood Plaza offers regional connectivity and proximity to retail destinations including Southridge Mall and 84South. Traffic counts exceed 25,900 cars per day via WIS DOT. This opportunity offers stabilized occupancy, attractive capitalization metrics, and long-term upside in one of Milwaukee County’s robust business corridors.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Bureau résidentiel
Taille du bâtiment
56 769 pi²
Classe d’immeuble
C
Année de construction
1981
Prix
9 849 000 $ CAD
Prix par pi²
173,49 $ CAD
Taux de capitalisation
9,40%
Revenu net d’exploitation
925 806 $ CAD
Pourcentage loué
90%
Location
Multiples
Hauteur du bâtiment
4 étages
Superficie de plancher typique
16 128 pi²
Coefficient d’occupation des sols de l’immeuble
2,21
Taille du lot
0,59 AC
Zonage
C4 - commercial
Stationnement
173 places (2,47 places par 1 000 pi² loué)
Commodités
- Climatisation
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 3 405 784 $ CAD | |
| Évaluation du terrain | 2 714 384 $ CAD | Évaluation totale | 6 128 188 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
2 714 384 $ CAD
Évaluation des bâtiments
3 405 784 $ CAD
Évaluation totale
6 128 188 $ CAD
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