Retail•Free Standing•For Sale

BMO Harris Bank, Fee Simple NNN, Corporate Guarantee

6645 West Oklahoma Avenue, Milwaukee, Wisconsin 53219

Sale Price $2,280,000 ($392.56 /SqFt)
Sale Type Investment
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1979
Stories 1
Cap Rate 5.99%
RBA 5,808 SqFt
Land Area 43,560 SqFt
Market Milwaukee/Madison
The property, situated on West Oklahoma Avenue, consists of 5,808 square feet of improvements. The site features excellent visibility and accessibility with four points of ingress/egress, 35 parking spaces, and four drive-thrus. The branch is ideally located on a major east west thoroughfare that has a traffic count of over 18,000 vehicles per day. The site is in close proximity to national retailers CVS and Walgreens. Within a 5-mile radius, the population and average household income are approximately 391,000 and $64,000, respectively. This branch had substantial bank deposits of approximately $123 million, a testament to the long-term success at this location.
  • NOI $136,631
  • Lease Type Absolute NNN
  • Lease Term 10 Year
  • Lease Start December 2015
  • Lease Expiration December 2025

1 Spaces

1
9/18/2018 12:00:00 AM 10/11/2018 5:25:42 PM

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