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    OFF-MARKET
    Retail properties & Spaces

    507 Bruce St, Verona, WI 53593

    3,208 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,208-square-foot flex space, formerly a café, presents a unique leasing opportunity. The property boasts a desirable suburban industrial zoning and includes a 620-square-foot mezzanine, adding valuable versatility. The space features two 14' x 13' overhead doors, perfect for loading and unloading, and a generous 15'9" clear ceiling height. An expansive 960-square-foot concrete patio is ideal for various uses. The property offers ample parking with approximately 20 shared stalls. The robust 400 Amp, 3-phase electrical service ensures sufficient power for a wide range of businesses. The space is fully air-conditioned and includes a single restroom. The lease rate is $13.50 per square foot, NNN, with a CAM of $3.35 per square foot. This single-story building is situated in a convenient location, making it an excellent choice for businesses seeking a functional and well-equipped space. The property is currently entirely vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,208 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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