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Listed by Coldwell Banker Realty
$850,000
Est. payment /mo
9,508 SqFt
UPDATED:
10/01/2024 12:40 AM
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
Contingent With Offer
Lot Size 1.090 Acres
Acres 1.09
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
Rooms
Basement None
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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