Listed by Founders 3 Real Estate Services Retail Brokerage Division
$4,338,730
New Berlin City Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,286
Cap Rate 8.07%
NOI $350,293
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2005
Year Renovated 2009
Acreage 2.410
Parking Spaces 145 spaces
Parking Per SqFt 7.15
Investment Type Stabilized
Ownership Fee Simple (Land and Building)
Retail | 8.07% CAP | 20,286 SqFt
Marketing description
The material contained in this Offering Memorandum is confidential and for the purpose of the Real Estate described herein. It is subject to the terms and provisions of the Confidentiality Agreement signed by the recipient of this material and is not be used for any purpose or made available to any other person without the express written consent of Founders 3 Retail Services, LLC ("Broker").
This Offering Memorandum was prepared on April 1, 2026 by Broker solely for the use of prospective purchasers of New Berlin City Center, 15155-15177 W National Avenue and 15160-15188 Library Lane, New Berlin, WI (the "Real Estate"). Neither Broker, Sharon Seven Hills, LLC nor any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the completeness or the accuracy of the material contained in the Offering Memorandum or any of its contents and no legal commitments or obligations shall arise by reason of the package or any of its contents. Seller reserves the right to eliminate any portion or all of the Real Estate for any offer for sale at any time prior to the completion of a binding contract of sale executed by both Seller and a prospective purchaser.
Prospective purchasers of the Real Estate are advised (1) that changes may have occurred in the condition. of the Real Estate since the time of the Offering Memorandum or the financial statements therein were prepared and that (ii) all financial projections are provided for general reference purposes only in that they are based on assumptions relating to the general economy, competition, and other factors beyond the control of Broker and the Seller and therefore, are subject to material variation. Prospective purchasers of the Real Estate are advised and encouraged to conduct their own comprehensive review and analysis of the Real estate.
The Offering Memorandum is a solicitation of interest only and is not an offer to sell the Real Estate. The Seller and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Real Estate and expressly reserve the right, at their sole discretion, to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Real Estate unless and until a written agreement satisfactory to the Seller hereunder have been satisfied or waived.
This Offering Memorandum is confidential. By accepting the Offering Memorandum, you agree (i) that you hold and treat the Offering Memorandum and its contents in the strictest confidence, (ii) that you will not photocopy or duplicate any part of the Offering Memorandum, (iii) that you will not disclose the Offering Memorandum or any of its contents to any other entity without the prior written authorization of Broker, and (iv) that you will not use the Offering Memorandum in any fashion or manner detrimental to the Interest of the Seller or Broker.
The terms and conditions stated in the section will relate to all of the sections of the package as if stated independently therein. If, after reviewing this package, you have no further interest in purchasing the Property at this time, kindly return this brochure to Broker at your earliest convenience.
Investment highlights
Listing Contacts
Listed by Founders 3 Real Estate Services Retail Brokerage Division
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$350,293.00
$29,191.08/mo
Valuation Metrics
0
DSCR
8.07%
Cap Rate
8.07%
ROI
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