Listed by Colliers - Milwaukee, Wisconsin
$3,595,000
5444 N 124th St
Details
APN 1829973120
Property Type Industrial
Sub Type Warehouse
Square Footage 15,715
Cap Rate 7.17%
NOI $257,589
Tenancy Single
Lease Type NNN
Remaining Term 6
Price per SqFt $250
Year Built 2008
Zoning IL1
Ground Lease No
Ceiling Height ± 20'
Dock High Doors 6
Industrial | 7.17% CAP | 15,715 SqFt
Investment highlights
- Single tenant industrial building leased to Safeway Transportation Wisconsin, LLC, long term NNN lease through July 2032. * Two 3 year renewal options.
- Safeway Transportation services school districts across the suburbs of Milwaukee, WI and Chicago, IL.
- Current NOI $257,589 (3% annual escalator ) CAP Rate 7.16%
- Founded in 2012, Safeway Transportation is dedicated to providing safe and reliable transportation for students.
- 6 drive-in doors, a 3 ton crane, garage bays, office, warehouse and mezzanine space, secure / gated bus/ truck parking.
- Located just west of 41 on W Silver Spring Drive and N 124th Street offering 2 acres, zoned IL1, allowing truck/ trailer parking, a key component to tenant’s utilization premises
Listing Contacts
Listed by Colliers - Milwaukee, Wisconsin
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$257,589.00
$21,465.75/mo
Valuation Metrics
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DSCR
7.17%
Cap Rate
7.17%
ROI
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