N84w15670 Appleton Ave Menomonee Falls, WI 53051
- Retail properties
- 48,567 SF
- 3.05 lot acres
Current Use by Public Records
- i.d. SPOT / Pet Supply Store
Property Details for N84w15670 Appleton Ave
- Year built
- 1965
- Lot size
- 3.05 lot acres
- Property size
- 48,567 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional retail property, Falls Crossing, is located at N84W15670 Appleton Ave, Menomonee Falls, WI 53051. The 48,567 square foot center sits on a 3.05-acre lot and boasts 136 parking spaces. Built in 1965 and renovated in 1980, the property is zoned C-1 Neighborhood Business. The asking price is $6,638,118, representing an attractive 8.00% cap rate with a current Net Operating Income (NOI) of $531,049. The property is offered fee simple, including both land and building, and features a triple net (NNN) lease structure. The property enjoys excellent visibility and accessibility, with high traffic counts on Appleton Avenue (16,600 vehicles) and Pilgrim Road (20,500 vehicles). The property's location in Waukesha County provides access to a strong and growing market. The property's APN is #MNFV0037194
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Menomonee Falls
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.1045
- Latitude
- 43.1707
