N91W17174 Appleton Ave Contingent

Menomonee Falls,WI 53051

$ 850000

- Bed

- Bath

9508 SqFt


Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

Square Footage 9,508 sqft

Price per Sqft $89

MLS Listing ID 1881388

Year Built 1950

Annual Tax Amount $7,420

Tax Year 2023

Lot Size 1.090 Acres

Property Description

Investment Opportunity in Menomonee Falls. Large Flex Building with 3 long-term tenants, about 1 mile from I-41. Anchor tenant (CRM) has two (2) extension options of five (5) years each, and 3% annual rent increases. Edward Jones has 2.5% annual increases and a lease that runs through 2027. There is an opportunity to add value by running water to the truck bays and increasing the current rent.

Location

State WI

County Waukesha

Zoning C1

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring No

Exterior

Exterior Feature Partial-Stone

Garage Spaces 20.0

Roof Type Rubber

Building

Water Municipal Sewer,Municipal Water

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