Leased Industrial Building with
For Sale
Contact for pricing
5444 N 124th St, Milwaukee, WI 53225
Industrial building features six drive-in doors, a 3-ton crane, and secure, gated bus/truck parking.
Property Size15,715 SF
Price / SF$250.02
Days on Market181
Property Features for 5444 N 124th St
General Information
Standard status
Active
Size
15,715 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers - Milwaukee
(414) 276-9500
Listed By:
Jan Kadow · License #5027590
(262) 951-6497
Source:
Moodyscre
Added: Mar 9
Changed: Aug 13
Last Checked: Jul 21 at 2:47PM
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 Colliers - Milwaukee
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.
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53225, WI
25,138
Population
11,019
Households
2.3
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
7.0 sq mi
ZIP Area
3,591
Density / Sq Mi
$54,433
Median Household Income
$40,463
Median Earnings
$1,094
Median Rent
$174,500
Median Home Value
Market
Vacancy Rate% for Industrial in Milwaukee, WI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Self Storage on Wheels — 12000 w silver spring dr unit 201, milwaukee, wi 53225
- StorageMart — 12000 W Silver Spring Dr, Milwaukee, WI 53225
- Storage Rentals of America — 13301 W Silver Spring Rd, Butler, WI 53007
- Public Storage — 5730 N Lovers Lane Rd, Milwaukee, WI 53225
Frequently Asked Questions
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.
