Prime Investment Opportunity – Fully Leased Strip Mall with 8.37% Cap Rate
Address: 4837 N Teutonia Ave, Milwaukee, WI 53209
Building Size: 7,662 SF
Lot Size: 0.43 Acres
Cap Rate: 8.37%
Parking: 30 Spaces
Price: $799,900
This fully leased 7,662 SF strip mall presents a turnkey investment opportunity with a stable 8.37% cap rate. Located on a high-visibility corridor, this property ensures strong foot traffic and easy accessibility from major roads and public transportation. Anchored by Total by Verizon (phone store) and Lloyd’s Laundromat, with a new LOI barbershop added, this multi-tenant center offers steady rental income and long-term lease stability.
Property Highlights:
Fully Leased – Strong tenant mix providing reliable cash flow
Recent Upgrades – HVAC, drywall, electrical, plumbing, and a full renovation for Total by Verizon; facade upgrade for Lloyd’s Laundromat
Visibility & Access – Excellent frontage on N Teutonia Ave, a major thoroughfare with high daily traffic counts
Ample Parking – 30 dedicated spaces for tenants and customers
Nearby Amenities – Close proximity to restaurants, shops, and transit options, enhancing tenant appeal and customer traffic
This income-generating property is ideal for investors looking to expand their commercial portfolio with minimal management and long-term lease security.
For more information or to schedule a tour, contact us today. Yazan Salem at (414)552-8550