6401 76Th St Milwaukee, WI 53223
This exceptional investment opportunity presents a 1,421 square foot, single-tenant auto shop in Milwaukee, Wisconsin. Located at 6401 N 76th St, this property boasts a 20-year absolute triple-net (NNN) lease with a prominent national tenant, Take 5 Oil Change, backed by a corporate guarantee from Driven Brands Funding, LLC (operating over 3,500 units). The property sits on a 0.52-acre lot and was newly constructed in 2023, ensuring modern facilities and minimal maintenance needs. The current annual net operating income (NOI) is $100,000, representing a 6.00% capitalization rate on the $1,666,667 asking price. The lease includes attractive annual rent increases of 1.50% starting in year two, providing consistent growth and strong cash flow. Four additional five-year tenant renewal options further enhance the long-term security of this investment. The property's price per square foot is $1,172.88, reflecting its prime location and strong tenant occupancy of 100%. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term potential. The property is currently 100% occupied.
-
Take 5 Oil Change Auto Repair Shop
-
Mitchell Auto Group Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.