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1201 Historic st
Milwaukee, WI 53204 Historic Mitchell Street

$522,746 USD

General Retail For Sale  •  10,454 SF

Property Details

  • Property Type General Retail
  • Total Building Size 10,454 SF
  • Lot Size 0.24 AC
  • Year Built 2016
  • Cap Rate 9.00 %
50 Transit Score
90 Walk Score

Highlights

Offered at $555,556, representing a 9.00% capitalization rate based on in-place income
Positioned at the high-visibility intersection of W Mitchell Street (±10,200 VPD) and W Forest Home Avenue (±7,100 VPD)
Located within a densely populated area with over 198,588+ residents within a 3-mile radius and an average household income exceeding $79,386.
Family Dollar has operated at this location since 2016, demonstrating long-term occupancy and operational stability.
Lease guaranteed by Family Dollar Corporation, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), providing a strong corporate-backed income stream.
Cap Rate: 9.00 %

Public Transportation

AirportDriveWalkDistance
General Mitchell International 13 min - 5.9 mi
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services