Glendale Retail Space For
For Sale
Contact for pricing
6789 N Port Washington Rd, Glendale, WI 53217
Retail space available for purchase in Glendale, Wisconsin.
Property Size5,525 SF
Price / SF$253.39
Days on Market1059
Property Features for 6789 N Port Washington Rd
General Information
Standard status
Active
Size
5,525 SF
Property subtype
Retail
Zoning
PD - Planned Development
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Isaac Berg · License #89752-94
(414) 278-6862
Source:
Crexi
Added: Nov 22, 2023
Changed: Oct 5
Last Checked: Oct 14 at 9:25PM
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, Wisconsin
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 5,525 square foot retail space is available for sale in Glendale, Wisconsin.
Key Highlights
- No property information was provided to generate selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,924
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,480
$1.1M
Cap Rate 7%
$798,914
$798.9K
Cap Rate 9%
$621,378
$621.4K
Market Conditions
NOI Build-Up for 5,525 SF
Gross rent
$82.9K $15.00/SF
− Vacancy
−$3.0K −$0.54/SF
EGI
$79.9K $14.46/SF
− OpEx
−$24.0K −$4.34/SF
NOI
$55.9K $10.12/SF
Area
Milwaukee County, WI
Vacancy
3.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,480
Cap Rate 7%
$798,914
Cap Rate 9%
$621,378
Alternative Uses
Best Use
Retail
$798.9K
$699.1K – $932.1K
NOI $55,924 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,713 @ 7.0% cap · market cap 6.55%
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
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 53217, WI
30,559
Population
12,301
Households
2.5
Avg Household Size
42
Median Age
73%
College-Educated
97%
High-School Grad
14.1 sq mi
ZIP Area
2,167
Density / Sq Mi
$132,044
Median Household Income
$70,301
Median Earnings
$1,519
Median Rent
$426,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase in Glendale, Wisconsin.
Where is this retail space located?
The property is located at 6789 N Port Washington Rd Glendale, WI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: No property information was provided to generate selling points.
