Property profile

5960 Brown Deer Rd Brown Deer, WI 53223

OFF-MARKET
Commercial real estate
Property ID
US92-0008953
1.34 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional new construction retail opportunity in Brown Deer, Wisconsin, offers 2,040 square feet of immediately available space within a 5,659 square foot multi-tenant building at 5960 W Brown Deer Rd, zip code 53223. Located in Milwaukee County, this property boasts high visibility on Brown Deer Road, situated at a well-lit intersection with convenient access from North 60th Street, featuring easy right-in/right-out access from Brown Deer Road. The building is a new construction, with a projected completion date of Summer 2024. This space is part of a strong retail center anchored by signed leases with national coffee and wing restaurant tenants. Additional national co-tenants in the immediate vicinity include Walmart, Walgreens, Family Dollar, and Aldi, creating a robust and desirable retail environment. The total building comprises three suites, with a minimum divisible space of 2,040 square feet. Estimated Net, Net, Net (NNN) expenses are $6.50 per square foot. This prime location offers an excellent opportunity for businesses seeking high traffic and strong visibility in a thriving retail corridor. The property is situated at 43.1781704 latitude and -87.9839851 longitude.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.34 ac (58,370 SF)
APN 029-9996-004
UPID US92-0008953

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Transit Station
  • (Bike/Boat/Book/etc) Store
  • Home Health Care Service
  • Dental Office
  • Tax Preparation

Location

5960 Brown Deer Rd Brown Deer, WI 53223-2310
Brown Deer metro Census 50101 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2024
Last sale
$465,000
7 recorded transactions
2024
$465,000
2022
Price N/A
2018
$320,000
2009
Price N/A
2008
$875,000
2006
$750,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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