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    OFF-MARKET
    Retail properties & Spaces

    103-109 Lake St, Mukwonago, WI 53149

    8,000 SF
    Property ID
    Property summary
    AI-generated overview

    This 8,000 square foot multi-tenant retail center in Mukwonago, Wisconsin, presents a compelling investment opportunity. Located at 103-109 Lake Street, the property boasts a strong daily traffic count of 18,700 vehicles (DOT 2022 data) and offers excellent visibility with building and monument signage opportunities. Currently generating a net operating income (NOI) of $65,911, the property has significant upside potential, projected at $95,438. The asking price is $750,000. The property features city water and sewer utilities and includes approximately 1,700 square feet of immediately available leasable space, currently commanding a monthly rent of $2,400. Real estate taxes are $8,761.26 annually (Tax Key: MUKV1973959). This modified lease property offers a blend of existing tenants and a vacancy, providing immediate income generation and the potential for further revenue growth through leasing or occupancy. The property's prime location and strong traffic flow make it an ideal investment for both seasoned investors and business owners seeking to expand their operations. This is a rare opportunity to acquire a well-positioned retail center in a thriving Wisconsin community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 8,000 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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