3830 S Moorland Rd, New Berlin, WI
Stable cash flow with annual rental increases in New Berlin.
- Added:
- Dec 10, 2024
- Days on Market:
- 546
- Last Refresh:
- May 20 at 8:51 pm
Property Features for 3830 S Moorland Rd
General Information
- Standard status
- Active
- Size
- 12,890 SF
- Lot size
- 1.16 Acres
- Property subtype
- RETAIL
Listing agent John Rauh License #WI:58559-90
Listing office Marcus & Millichap (262) 364-1930
Listing date Dec 10, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
HighLights
- 100 Percent Occupied Property Provides Stable Cash Flow
- Annual Rental Increases
- Staggered Lease Terms Provide Additional Stability
- 42,000+ Population within a Three‑Mile Radius
- Median Household Income of $88,000
- Investor Opportunity
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.4k | $15.00 |
| − Vacancy | −$7.0k | −$0.54 |
| EGI | $186.4k | $14.46 |
| − OpEx | −$55.9k | −$4.34 |
| NOI | $130.5k | $10.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Berlin
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.1079
- Latitude
- 42.9752
