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5400-5426 N Lovers Lane Rd
Milwaukee, WI 53225 Timmerman West

$2,385,000 USD

Restaurant For Sale  •  26,760 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 26,760 SF
  • Lot Size 1.28 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Multiple
  • Zoning LB1
40 Transit Score
53 Walk Score

Highlights

Currently ±93% occupied by a diverse mix of local, service-oriented tenants
Multiple tenants have recently renewed leases, demonstrating long-term commitment to the property
Significant upside potential by converting existing gross leases to net leases
Ample parking and an excellent retail location with strong traffic counts
Robust demographics: over 230,000 residents within a 5-mile radius and average household income exceeding $70,000
Sale Price: $2,385,000 (9.00% Cap Rate)

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
General Mitchell International 31 min - 19.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 76
Type: Surface
Included in Rent: Yes
Steven Silverman 248-848-4089 Friedman Real Estate
Steven Silverman 248-848-4089 Friedman Real Estate