5444 N 124th St Milwaukee, WI 53225

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Listed by Jan Kadow · License #5027590 Show Phone

Source Moodyscre

Added: Mar 9 Updated: Jul 21 at 2:47PM Checked: Jul 21 at 2:47PM

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Investment Insights

Based on property information with market context.

This single-tenant industrial property is leased to Safeway Transportation Wisconsin, LLC on a long-term NNN lease through July 2032, with two three-year renewal options. The facility includes six drive-in doors, a 3-ton crane, garage bays, and office space, along with warehouse and mezzanine areas.

The property sits just west of 41 on W Silver Spring Drive and N 124th Street and offers 2 acres of land. It is zoned IL1, which includes allowances for truck/trailer parking, aligning with the tenant’s use of the premises.

For a buyer or broker seeking an income-producing industrial asset with significant transportation-oriented improvements, this configuration provides office support, warehouse and mezzanine space, and secure/gated bus/truck parking.

Key Highlights

• Single‑tenant industrial building leased to Safeway Transportation Wisconsin, LLC on a long‑term NNN lease through July 2032.
• Lease includes two 3‑year renewal options; current NOI $257,589 with 3% annual escalator and 6.55% cap rate.
• Six drive‑in doors plus a 3‑ton crane, with office, warehouse, and mezzanine space.

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• Public Storage — 5730 N Lovers Lane Rd, Milwaukee, WI 53225
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FAQs

What type of property is this?

Warehouse - Industrial building features six drive-in doors, a 3-ton crane, and secure, gated bus/truck parking.

Where is this warehouse located?

The property is located at 5444 N 124th St Milwaukee, WI.

What is the asking price?

The asking price for this property is $3,929,000.

What are key features of this property?

This property features: Single‑tenant industrial building leased to Safeway Transportation Wisconsin, LLC on a long‑term NNN lease through July 2032.; Lease includes two 3‑year renewal options; current NOI $257,589 with 3% annual escalator and 6.55% cap rate.; Six drive‑in doors plus a 3‑ton crane, with office, warehouse, and mezzanine space.