7500 W Layton Ave Milwaukee, WI 53220
Automotive building with 5,140 square feet available for sale.
Property Features for 7500 W Layton Ave
General Information
- Standard status
- Active
- Size
- 5,140 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Listing office Colliers - Milwaukee, Wisconsin (414) 278-6862
Listing date Jun 17, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Automotive Building Available
- Year Built: 1980
Local Financial Insights For Retail
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 | $83.3k | $16.20 |
| − Vacancy | −$6.2k | −$1.22 |
| EGI | $77.0k | $14.99 |
| − OpEx | −$23.1k | −$4.50 |
| NOI | $53.9k | $10.49 |