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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6401 76Th St Milwaukee, WI 53223

1,421 SF 0.52 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 1,421 SF
Lot 0.52 ac (22,651 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
  • Take 5 Oil Change Auto Repair Shop
  • Mitchell Auto Group Car Dealership
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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