Listed by Bang Realty
$5,935,000
Stratford Plaza Retail Center - Wauwatosa WI
Details
APN 2579994008
Property Type Retail
Sub Type Shopping Center
Square Footage 25,701
Cap Rate 6.20%
NOI $368,088
Occupancy 76.2%
Tenancy Multi
Lease Type NNN
Class A
Year Built 2005
Acreage 2.980
Zoning Commercial
Investment Type Stabilized
Ground Lease No
Retail | 6.20% CAP | 25,701 SqFt
Marketing description
Bang Realty is pleased to offer for sale Stratford Plaza Retail Center in Wauwatosa, WI.
This ±25,701 SF class A retail center and is 76.2% occupied.
An outparcel to Home Depot, this center is located right off of the Interstate 41 with over 150,000 vehicles per day.
Investment highlights
- Plenty of upside to lease the vacant space including the prime end cap
- All leases are NNN
- Strong tenant mix with national credit tenants
- Outparcel to Home Depot in strong retail area
- Located within the Milwaukee MSA with over 1.5 million residents
- Just 10 miles from downtown Milwaukee
- Right off of the I-41 with over 150,000 VPD
- Advance Auto and Sherwin Williams represent 41% of the space and 36% of the income
- Surrounded by institutionally owned properties
Listing Contacts
Listed by Bang Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$368,088.00
$30,674.00/mo
Valuation Metrics
0
DSCR
6.2%
Cap Rate
6.2%
ROI
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