Property profile

6130 Prt Washington Rd Glendale, WI 53217

OFF-MARKET
Auto shops
Property ID
US92-1285200
6,520 SF 0.67 ac lot Built 2007
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,600 square foot, single-tenant Goodyear Tire and Service Center in Glendale, Wisconsin. The property, built in 2007, sits on a 0.67-acre lot (APN 163-8989-001) and boasts a strong 6.00% cap rate. Currently operating at 100% occupancy, the property features four auto bays and benefits from a secure 8-year NNN lease with a corporate guarantee, including three 5-year options. The lease includes a 5.50% rent increase in year six. Located at 6130 N Port Washington Rd, 53217, within Milwaukee County's B-G (Business and Commercial District) zoning, this location enjoys high visibility and traffic counts exceeding 53,000 vehicles per day due to its proximity to Bayshore, a major mixed-use shopping center. The surrounding area showcases affluent demographics with household incomes exceeding $100,000. Recent developments, such as a new, large-format Target store at Bayshore, further enhance the area's growth potential. This well-maintained property offers minimal landlord responsibilities, making it an ideal investment-grade asset with significant long-term value. The asking price is $2,900,000, translating to $439.39 per square foot.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2007
Total area 6,520 SF
Lot 0.67 ac (29,011 SF)
APN 163-8989-001
UPID US92-1285200

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

6130 Prt Washington Rd Glendale, WI 53217-4308
Glendale metro Census 60200 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.1M +42.0%
Restaurant $830,000 +6.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6130 Prt Washington Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message