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29690200
29773435

19233 W Bluemound Rd, Brookfield, WI 53045

Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin
$5,995,000
113 days on market
Updated 36 days ago

19233 W Bluemound Rd

Details
APN BKFT1124996008; BKFT1124996005; BKFT1124996006
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 27,000
Net Rentable (SqFt) 17,000
Units 2
NOI $169,800
Occupancy 40%
Tenancy Multi
Lease Type NNN
Price per SqFt $222
Year Built 1973
Year Renovated 1985
Stories 1
Acreage 3.470
Zoning B2
Parking Spaces 85 spaces
Parking Per SqFt 3.15

Retail | 3.47 Acres

Investment highlights

  • Located on highly desirable retail corridor just east of The Corners of Brookfield, and 244 new luxury apartments
  • Current annual income $169,800
  • Includes an additional 1 acre of land for future expansion
  • Minutes from I-94 via Barker Rd
  • High visibility and traffic counts (+/- 34,189 cars/Day per DOT)
  • 4 Property Portfolio for sale $15,990,000

Listing Contacts

Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$169,800.00
$14,150.00/mo

Valuation Metrics

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DSCR
2.83%
Cap Rate
2.83%
ROI

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