12 YEARS REMAINING ON A LEASE BACKED BY 7-ELEVEN CORPORATE AND LOCATED WITHIN THE MILWAUKEE, WISCONSIN MSA The lease is triple-net and includes 1.5 percent annual rent increases and four, five-year options to renew. The landlord is responsible for roof replacement (not maintenance), foundation and structure. Tenant is responsible for everything else. The lease is backed by 7- Eleven Corporate with an AA-Standard & Poor' s rating. The Property is located at the corner of Cleveland Avenue and Moorland Road sandwiched between Interstate 94 to the north and Interstate 43 to the south. The property is located within close proximity of an abundance of national retailers including Walgreens, Starbucks, Sprint, Walmart, Jimmy John' s, Taco Bell, Qdoba, US Bank and more. Average household incomes near the subject property exceed $107,000 per year.
12 YEARS REMAINING ON A LEASE BACKED BY 7-ELEVEN CORPORATE AND LOCATED WITHIN THE MILWAUKEE, WISCONSIN MSA The lease is triple-net and includes 1.5 percent annual rent increases and four five-year options to renew. The property includes a two-bay car wash. The landlord is responsible for roof replacement (not maintenance), foundation and structure. Tenant is responsible for everything else. The lease is backed by 7-Eleven Corporate with an AA- Standard & Poor' s rating. The property is located directly off of Highway 164 with nearby traffic counts exceeding 20,000 vehicles per day. Average annual household incomes in the area reach nearly $100,000 per year.
The subject property offers investors the unique opportunity to acquire a newly renovated retail building leased to notable, national tenants Hobby Lobby and Dunham' s Sports. Both tenants have long term initial lease terms (Dunham's - 14 years and Hobby Lobby 10 years) with scheduled increases. Rent commencement for both tenants is expected to be in October/November of 2015. The property benefits from being located on a high traffic retail thoroughfare, with excellent frontage and visibility on West Bluemound Road, which is a major East/West thoroughfare with an estimated traffic count of 42,200 AADT. The demographics surrounding the site are very attractive with an average household income of nearly $125,000 within a 1 mile radius.
Price Upon Req.86,664 SF
Property tours will be available on October 19th and 20th, and October 26th and 27th by appointment only. Please contact the listing broker to RSVP and schedule a property tour.Auction.com and HFF present the opportunity to acquire Broadway Central (the "Property"), an 86,664 SF mixed use office and retail center located at 241 North Broadway adjacent to the downtown core of Milwaukee, Wisconsin. Originally built in 1895, but most recently upgraded in 2002, the Property rests on .45 acres and consists of a 6-story building with street level retail on the first floor and office above. As of July 31, 2015, the Property was 68% occupied which is well below the overall submarket offering potential investors immediate value-add though lease up of the vacant space. The Property is a multi-tenant building boasting 13 tenants with varying lease expirations limiting a potential investors tenant rollover risk. The Property also offers tenants great logistics sitting just blocks from downtown the Milwaukee core with excellent access to major thoroughfares, including I-794, I-43, and I-94.
Amazing restaurant available in south central Milwaukee! Located on heavily traveled South 27th Street with access and proximity to Interstate 894/43. Property was built in 1981 but has had many updates giving it a very modern atmosphere. Property includes 1.434 acres on two parcels with two paved parking lots to accommodate about 140 vehicles, 8,000 square feet (per seller) of restaurant space that includes entrance/reception area, open dining areas, a bar, a kitchen, storage areas, and several restrooms. Property also has an unfinished basement for extra storage. Restaurant equipment and fixtures not included in sale. LIST PRICE IS $1,350,000 WITH AN OPENING BID OF $895,000 IF NO OFFERS RECEIVED BEFORE 12/2/15 AUCTION. Buyer Fee of 2% or $2,000, whichever is greater, to be added to high bid to determine final sale price. EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Offers subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additional details.
Great opportunity to showcase your culinary skills! Situated on 2.85 acres, this 16,804 sf (per assessor) former steak restaurant is in an ideal, high traffic area close to the airport. Offering great income potential from restaurant as well as a 3 bedroom, 2 bath apartment on the second level. Features include 7 baths, 2 main bars, 2 dining halls, 1 with a stone fireplace, 2 walk-in freezers, 3 walk-in coolers and building is handicap accessible. Bonus lower banquet center for private parties. Asphalt parking spaces for 197. Now is the time to live your dream. Own your own restaurant and banquet facility today! List Price is $1,350,000 with an opening bid of $895,000. Property may be sold any time prior to event. For all showings and questions call . Buyer' s Fee equal to 2% or $2,000, whichever is greater, whichever is greater, to be added to high bid/offer to determine final sale price. Offers are subject to Seller' s approval. Property is being sold as-is, where-is. See Bidder' s Packet on for additional disclosures and details. Auctioneer Firm: LLC #432-53. Auctioneer: Wade Micoley #2647-052. Broker: Jeffrey Benson #18508-90.
The investment consists of a 6,000 SF, single tenant leased to Concentra Health Services, Inc. The tenant executed a 10 year lease in 2004 which was just extended for an additional five years now expiring 11/30/2019, with one 5 year options to extend. In junction to the lease being extended an extra five years, rent increased $12,000/yr. or 16.66%. The lease is structured as double net whereas the tenant is responsible for all expenses associated with the property - excluding roof and structure. Tenant and Landlord have agreed to split the cost of replacing HVAC. The subject is surrounded by residential properties to the North and an industrial properties to the South. In 2013, the population in a five mile radius of the property is 532,209, within a three mile radius it is 243,655. Traffic counts along 35th street and I-94 are 17,900 vehicles per day and 146,000 vehicles per day respectively.
FORMERLY BP BRANDED LOCATION. 3 PUMPS: DOUBLE SIDED. 4 - TANKS (8K;6K;2-4K). NO FUEL CONTRACT. 2013 REAL ESTATE TAX: $5,641. 2013 ASSESSED VALUE: $258,000 (EXCLUDES EQUIPMENT). PURCHASE PRICE INCLUDES COOLERS, FREEZERS, SECURITY SYSTEM, CASH REGISTER & PETROLEUM EQUIPMENT. GREAT LOCATION FOR GASOLINE OR OTHER RETAIL BUSINESSES. LOT SIZE 65' x 125'
The Boulder Group is pleased to exclusively market for sale a single tenant Aurora Health Care, Inc. (Aurora Health Care) property located in a densely populated area of Milwaukee. Aurora Health Care is committed to this location as evidenced by their recent decision to exercise an early renewal option in 2014. The Aurora Health Care lease has approximately 12 years remaining and features 15% rental escalations every five years throughout the primary term and each renewal option period. Aurora Health Care is a not-for-profit health care provider serving communities throughout eastern Wisconsin and northern Illinois. Aurora Health Care is an investment grade rated company with a Moody' s rating rating of A2. Aurora Health Care is the largest private employer in Wisconsin.
The property is located at the hard corner of Orchard Street and Durand Avenue within Racine's primary retail corridor. The property consists of three drive-thrus and parking for 20 cars. The building is passed by over 21,000 cars per day. Elmwood Plaza Shopping Center, located across the street, hosts a weekly farmer's market that brings additional foot traffic to the area. The Durand Avenue retail corridor is home to Regency Mall, the area's only super-regional mall, which is anchored by Boston Store, Burlington Coat Factory, and JCPenney. Other national retailers in the corridor include Target, The Home Depot, and Walgreens, in addition to numerous grocery stores and restaurants.