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U.S. Bancorp 615 E Michigan St 110 636 pi² Bureau Immeuble Milwaukee, WI 53202 17 216 375 $ CAD (155,61 $ CAD/pi²) 8% Taux de capitalisation



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RÉSUMÉ DE L'ANNONCE
• Institutional-Grade Credit
Leased to U.S. Bank N.A. (S&P A+ credit rating), providing exceptional
income security and minimal default risk.
• Long-term Lease with Escalations
Recently recommitted to a 7-year Lease with 2% annual rent increases,
supporting long-term value growth and inflation protection.
• Key U.S. Bank Hub Location
This office location near other critical U.S. Bank offices are connected
with a Skywalk making a long-term commitment to this facility very likely.
• Value-Add Opportunity
This Investment Property offers an appealing future rent increase
upside based on current asking rents in this market. This U.S. Bank
Office Property is located in one of the most prestigious Milwaukee
Submarkets of Downtown East.
• Attractive to Passive Investors
This modified gross lease with partial expense recovery delivers
consistent income with low operational oversight.
• Revitalized Downtown Area
This property is located in close proximity to The Couture, a 44-story
high-rise apartment building completed in 2024. The Couture is the most luxurious apartment tower in Milwaukee’s CBD, featuring
322 apartments, 50,000 SF of restaurant and retail spaces.
• Vibrant Young College-Educated Workforce
Counter to several other CBD market areas across the country, Milwaukee’s Downtown area has grown and has attracted a young and
dynamic workforce in recent years.
Leased to U.S. Bank N.A. (S&P A+ credit rating), providing exceptional
income security and minimal default risk.
• Long-term Lease with Escalations
Recently recommitted to a 7-year Lease with 2% annual rent increases,
supporting long-term value growth and inflation protection.
• Key U.S. Bank Hub Location
This office location near other critical U.S. Bank offices are connected
with a Skywalk making a long-term commitment to this facility very likely.
• Value-Add Opportunity
This Investment Property offers an appealing future rent increase
upside based on current asking rents in this market. This U.S. Bank
Office Property is located in one of the most prestigious Milwaukee
Submarkets of Downtown East.
• Attractive to Passive Investors
This modified gross lease with partial expense recovery delivers
consistent income with low operational oversight.
• Revitalized Downtown Area
This property is located in close proximity to The Couture, a 44-story
high-rise apartment building completed in 2024. The Couture is the most luxurious apartment tower in Milwaukee’s CBD, featuring
322 apartments, 50,000 SF of restaurant and retail spaces.
• Vibrant Young College-Educated Workforce
Counter to several other CBD market areas across the country, Milwaukee’s Downtown area has grown and has attracted a young and
dynamic workforce in recent years.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Bureau
Taille du bâtiment
110 636 pi²
Classe d’immeuble
B
Année de construction/rénovation
1963/2016
Prix
17 216 375 $ CAD
Prix par pi²
155,61 $ CAD
Taux de capitalisation
8%
Revenu net d’exploitation
1 377 310 $ CAD
Location
Unique
Hauteur du bâtiment
4 étages
Superficie de plancher typique
27 659 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
2,65
Taille du lot
0,96 AC
Zonage
C9F(A) - Commercial
Stationnement
252 places (2,27 places par 1 000 pi² loué)
COMMODITÉS
- Ligne d'autobus
- Affichage
1 1
Walk Score®
Un paradis pour un marcheur (96)
Transit Score®
Excellent transport en commun (70)
Bike Score®
Très cyclable (80)
Impôts fonciers
| Numéro de lot | 396-0481-000-4 | Évaluation des bâtiments | 9 101 953 $ CAD |
| Évaluation du terrain | 5 177 997 $ CAD | Évaluation totale | 14 279 950 $ CAD |
Impôts fonciers
Numéro de lot
396-0481-000-4
Évaluation du terrain
5 177 997 $ CAD
Évaluation des bâtiments
9 101 953 $ CAD
Évaluation totale
14 279 950 $ CAD
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Présenté par
U.S. Bancorp | 615 E Michigan St
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