Fully leased 8,303 sq. ft. strip mall with a strong cap rate! Situated on a 0.44-acre lot, this investment property offers six occupied units, including Check N' Go, a braiding salon, a barber shop, a social lounge, and more. Recent upgrades include HVAC improvements for Check N' Go and new drywall/paint for Party Space & E Braids. All tenants are on gross leases, ensuring stable rental income. Located on Teutonia Ave, a high-visibility corridor with strong foot traffic. Ample parking on site. A prime investment opportunity with turnkey cash flow!
Key Features:
Price: $799,999
Cap Rate: 11.37%
Total Square Footage: 8,274 SF
Lot Size: 0.44 acres
Occupancy: 100% with a diverse mix of tenants, ensuring steady rental income
Parking: 26 spaces available, ensuring convenience for customers and tenants alike
Visibility and Access: Excellent visibility from N Teutonia Ave, a major thoroughfare, with easy access to public transportation and main roads
Don’t miss out on this prime commercial property in a thriving Milwaukee location.