West Allis Retail Investment
For Sale
Contact for pricing
7530 West Lincoln Avenue, West Allis, WI 53219
Single-tenant net leased investment occupied by Pawn America.
Property Size8,105 SF
Price / SF$234.42
Days on Market154
Property Features for 7530 West Lincoln Avenue
General Information
Standard status
Active
Size
8,105 SF
Total Parking Spaces
22
Property subtype
Retail
Zoning
C-2, Neighborhood Commercial District
Occupancy
100%
Lease Type
NNN
Net Operating Income
$151,000
Building Details
Year Built
1958
Year Renovated
2012
Buildings
1
Stories
2
Units
1
Tenancy
Single
Listing Agency:
Suntide Commercial Realty
Listed By:
Matthew Klein, CCIM · License #WI 80950-94
Source:
Crexi
Added: May 14
Changed: Oct 10
Last Checked: Oct 12 at 6:56PM
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 Suntide Commercial Realty
Investment Insights
Based on property information with market context.
This property offers the opportunity to acquire a single-tenant net leased investment occupied by Pawn America. The property is located at the signalized northeast corner of Lincoln Avenue West and 76th Street South in West Allis, Wisconsin. The location provides visibility, access, and traffic exposure. Pawn America executed a 15-year lease commencing in September 2016 with an expiration date of September 15, 2031. The lease structure provides income backed by a pawn and retail operator. The tenant maintains one five-year renewal option. The property benefits from its location within a commercial corridor serving the Milwaukee metropolitan area. The signalized intersection location enhances customer accessibility, while surrounding retail, residential neighborhoods, and commuter traffic contribute to the site’s viability. The property size is 8105 square feet.
Key Highlights
- Single‑tenant net leased investment with Pawn America, a well‑established regional operator.
- Lease extends to September 15, 2031, providing stable and predictable income.
- Strategically positioned at a signalized corner with strong visibility, convenient access, and high traffic exposure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,098
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,681,960
$1.7M
Cap Rate 7%
$1,201,400
$1.2M
Cap Rate 9%
$934,422
$934.4K
Market Conditions
NOI Build-Up for 8,105 SF
Gross rent
$131.3K $16.20/SF
− Vacancy
−$11.2K −$1.38/SF
EGI
$120.1K $14.82/SF
− OpEx
−$36.0K −$4.45/SF
NOI
$84.1K $10.38/SF
Area
ZIP 53219
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,681,960
Cap Rate 7%
$1,201,400
Cap Rate 9%
$934,422
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.40M
NOI $84,098 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,339 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 53219, WI
34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant net leased investment occupied by Pawn America.
Where is this retail space located?
The property is located at 7530 West Lincoln Avenue West Allis, WI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Single‑tenant net leased investment with Pawn America, a well‑established regional operator.; Lease extends to September 15, 2031, providing stable and predictable income.; Strategically positioned at a signalized corner with strong visibility, convenient access, and high traffic exposure.
