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    Milwaukee Flex Space For Sale Title is generated by Realmo AI

    8400 W Silver Spring Dr & 8347 W Fond du Lac Ave, Milwaukee, WI 53225

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    Flex space available for sale in Milwaukee, Wisconsin.

    Type:Office, Industrial
    Property size:
    8,964 SF
    Price / SF:
    $139/SF
    Added:
    Nov 16, 2024
    Days on Market:
    598
    Last Refresh:
    Jul 5 at 10:32 am

    Property Features for 8400 W Silver Spring Dr & 8347 W Fond du Lac Ave

    General Information

    Standard status
    Active
    Size
    8,964 SF
    Property subtype
    Office, Industrial

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    Brett Deter
    Brett Deter

    Listing office Founders 3 Real Estate Services Office & Industrial Brokerage Division

    Listing date Nov 16, 2024

    Source Crexi

    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 Founders 3 Real Estate Services Office & Industrial Brokerage Division

    HighLights

    • No property information provided.

    Overview

    This commercial real estate property, located in Milwaukee, Wisconsin, offers 8,964 square feet of flex space. The property is currently for sale and includes flex space, industrial properties, office units, office properties and spaces, warehouses, and other warehouse options.

    Local Financial Insights For Office B

    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 $177.5k $19.80
    − Vacancy −$40.8k −$4.55
    EGI $136.7k $15.25
    − OpEx −$34.2k −$3.81
    NOI $102.5k $11.43
    8,964 SF · lease $19.80/SF/yr · vacancy 23.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,499 @ 7.0% cap · market cap 8.20%
    Second Best
    Flex RnD
    $1.26M
    $1.10M – $1.47M (±1% cap)
    NOI $88,256 @ 7.0% cap · market cap 7.06%
    Theoretical Best
    Office A
    $2.15M
    $1.88M – $2.51M (±1% cap)
    NOI $150,789 @ 7.0% cap · market cap 12.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Gym & Fitness Center Hotel & Motel Skin Care Clinic

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

    Similar Places Nearby

    • Taqueria Fiesta Istmeña — 9105 W Fond du Lac Ave, Milwaukee, WI 53225
    • Younique's Kitchen — 5713 N 95th St, Milwaukee, WI 53225
    • Rockin Rolls — 5480 N 92nd St, Milwaukee, WI 53225

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0150033
    Latitude
    43.1208638

    FAQs

    What type of property is this?
    Flex space - Flex space available for sale in Milwaukee, Wisconsin.
    Where is this flex space located?
    The property is located at 8400 W Silver Spring Dr & 8347 W Fond du Lac Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: No property information provided.
    (414) 249-2313 Call to check price and availability
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