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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5888 Port Washington Rd Glendale, WI 53217

6,760 SF 0.2 ac lot Built 1991
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 6,760 square foot U.S. Bank branch located at 5888 N Port Washington Rd, Glendale, WI 53217. The property boasts a corporate-guaranteed, triple-net (NNN) lease with a remaining term of 8.5 years, featuring scheduled 10% rent increases every five years. This provides significant long-term income growth and inflation protection. The bank, a leading financial institution, occupies the entire building, ensuring 100% occupancy. The property sits on a 0.2-acre lot and includes 84 parking spaces. Built in 1991, the building is situated within the Bayshore mixed-use center, a high-traffic location with over 5.5 million annual visits, benefiting from strong tenant synergy and a dense residential population. The property is zoned as a Planned Unit Development (PD) District and enjoys excellent visibility and access from Port Washington Road and Interstate 43. The strong demographics of the area, including an affluent average household income of $174,999 within a 1-mile radius, further enhance the investment potential. The property's Net Operating Income (NOI) is $256,880, resulting in a 6.00% cap rate and a price per square foot of $633.28. This is a low-management, passive investment opportunity with substantial upside potential. The asking price is $4,281,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1991
Total area 6,760 SF
Lot 0.2 ac (8,712 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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