620 Elizabeth Ct - Freestanding FOR SALE


Brookfield, WI 53045
$4,200,000 USD
262-853-4002
620 Elizabeth Ct, Brookfield, WI for Sale
$4,200,000 USD
Freestanding - FOR SALE
1/8
null | 7.25% Cap Rate

620 Elizabeth Ct
Brookfield, WI 53045


HIGHLIGHTS

  • Fully Leased Investment
  • Many Recent Improvements to Structure
  • Centrally located in SE Wisconsin's Strongest Retail Corridor

OVERVIEW

Recently renovated retail/ commercial/ flex building immediately north of Bluemound Rd., in Brookfield, WI. Seconds to the Goerke's Corners/ Interstate - 94 freeway interchange. Building offers a fantastic location and a very flexible layout capable of accommodating a variety of business uses. Building is leased by Authentic Sports Specialty, Inc., dba Stefan's Soccer through 2029. Tenant has 1 - 5 year renewal option and rent increases annually at 3%. Building is presently used for office, retail and production operations. Improvements include a new roof, new HVAC and a complete interior renovation/ rebuild.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

143

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

B-2

APN/PARCEL ID

BKFT-1123-992-002

ASK ABOUT THIS PROPERTY

James YoungJLLMore Info
262-853-4002

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James YoungJLLMore Info
262-853-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.