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8949 Deerbrook Trl Brown Deer, WI 53223

For Sale
$274,155

High-Cap Rate Warehouse, NNN Lease

Property size:
1,470 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
Exceptional investment opportunity: a vacant 1,470 square foot warehouse unit in Brown Deer, Wisconsin, listed at $274,155 ($186.50/sq ft). This NNN (Net Lease) property boasts an impressive 8.58% cap rate and a strong net operating income (NOI) of $23,520. The lease term runs from May 31, 2024, to November 29, 2024, providing immediate occupancy potential. Located at 8949 N Deerbrook Trail, Unit 115, in the 53223 zip code, this light industrial zoned property features 12-foot ceilings and is one of sixteen units within the complex. Each unit is fully remodeled and updated (2023), including climate control, an overhead door, a kitchen area, and a custom restroom with shower rough-in. The building benefits from a gated 24/7 access, a new insulated roof, new rooftop HVAC units, new asphalt and concrete drives, LED lighting, and wet bars. This versatile space is ideal for various uses, from storage and business operations to personal workshops. Don't miss this chance to acquire a high-return, well-maintained warehouse unit in a prime location.

Property Features for 8949 Deerbrook Trl

General Information

Property type
Distribution properties
Square Feet
1,470 SF

Building Details

Units
16

HighLights

  • $274,155 asking price for a 1,470 SF warehouse in Brown Deer, WI.
  • Net lease investment opportunity with an 8.58% cap rate and $23,520 annual NOI.
  • Vacant unit, lease commencement May 31, 2024, and expiration November 29, 2024.
  • Light industrial zoning, 12‑foot ceiling height, and individually climate‑controlled units.
  • Fully remodeled in 2023 with overhead doors, kitchen areas, and custom restrooms (shower rough‑in).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Brown Deer
County
Milwaukee
State
Wisconsin
Longitude
-87.9674097
Latitude
43.1805495

FAQs

What type of property is this?
Distribution property - High-Cap Rate Warehouse, NNN Lease
Where is this distribution property located?
The property is located at 8949 Deerbrook Trl Brown Deer, WI.
What is the asking price?
The asking price for this property is $274,155.
What are key features of this property?
This property features: $274,155 asking price for a 1,470 SF warehouse in Brown Deer, WI.; Net lease investment opportunity with an 8.58% cap rate and $23,520 annual NOI.; Vacant unit, lease commencement May 31, 2024, and expiration November 29, 2024.
More about this property
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