For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

5201 W Clinton Ave Milwaukee, WI 53223

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$1,580,000

28,504 SF industrial space with income upside.

Property size:
28,504 SF

Property Features for 5201 W Clinton Ave

General Information

Standard status
Active
Zoning
IL1
Size
28,504 SF

Building Details

Year built
1960

We can help!

Listing Contact
Anna Cihla
Source: Crexi

Listing Agency: SNSHN Realty LLC Listing Agent: Anna Cihla

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

Prime Industrial Space Investment

This industrial property offers 28,504 square feet of space and is currently 100% occupied. The property is situated on two parcels totaling 2.44 acres, which may offer development opportunities. The current rental rate is $3.16 per square foot NNN. There is potential to increase rents to the market standard of approximately $5.50 per square foot within the next 18 months. This adjustment is projected to increase the cap rate from 5.35% to over 9.5%.
Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Milwaukee
County
Milwaukee
State
Wisconsin
Longitude
-87.9769813
Latitude
43.1504447

FAQs

What type of property is this?
Industrial property - 28,504 SF industrial space with income upside.
Where is this industrial property located?
The property is located at 5201 W Clinton Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: - Massive income upside through rent reset to market standard (~$5.50/SF) within 18 months.; - 100% occupancy with 28,504 SF of prime industrial space.; - Projected cap rate increase from 5.35% to over 9.5%.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message