Listed by Newmark - Milwaukee
$1,925,000
4545 W. Burnham Street
Details
APN 4731030006
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 23,760
Units 6
Cap Rate 8.00%
Occupancy 100%
Tenancy Multi
Price per SqFt $81
Year Built 1990
Stories 1
Acreage 1.152
Investment Type Stabilized
Dock High Doors 7
Industrial | 8.00% CAP | 23,760 SqFt
Marketing description
4545 W. Burnham Street, West Milwaukee, Wisconsin, is a prominent, single story, multi-tenant industrial building comprising 23,760 rentable square feet on a 1.152 acre parcel and constructed in 1990.
The location's demographic strength is bolstered by its proximity to two major state highways, and a freeway interchange. This strategic positioning guarantees exceptional connectivity across the metro area, making it an ideal setting for businesses.
This stabilized asset delivers attractive in-place cash flow and near-term upside potential with upcoming lease maturities, offering flexibility to capture market rents by late 2027.
Investment highlights
- Stabilized Asset with 100% occupancy and diversified tenancy
- Below-Market Rents offer near-term value-add potential
- Excellent Location near Hwy 100, I-94, and Miller Park Way
- Durable Product: Masonry construction built in 1990
- Tenant Mix: Light manufacturing, distribution, and flex
- Affordable Price Point: $81/SF vs. replacement cost
Listing Contacts
Listed by Newmark - Milwaukee
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