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1609 E North Ave
Milwaukee, WI 53202

$2,220,000 USD

Freestanding For Sale  •  6,400 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,400 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1918
  • Tenancy Multiple
  • Zoning LB-2
52 Transit Score
94 Walk Score

Highlights

Top-rated anchor tenant | 7-Eleven has an A, investment-grade credit rating (S&P; Stable outlook) which is stronger than a majority of retail tenants
100% fully occupied, 3-tenant strip center | 7-Eleven accounts for nearly 80% of the total annual rent
All tenants operating under NNN leases
Hard corner location with excellent access and visibility from North Avenue which boasts 35,550 VPD
Superb hedges against inflation | All tenants have annual rent increases ranging from 1.5%-5% annually
Site is walking distance to University of Wisconsin-Milwaukee which has ±23,000 students

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Milwaukee (Empire Builder - Amtrak) 8 min - 2.9 mi
AirportDriveWalkDistance
General Mitchell International 21 min - 10.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Aron Cline 818-632-0233 Berkeley Capital Advisors
Aron Cline 818-632-0233 Berkeley Capital Advisors