Technical
Financial
Distress signals
Property profile

7720 W Good Hope Rd Milwaukee, WI 53223

FOR LEASE
Strip malls
Property ID
US92-0113793
12,510 SF 1.26 ac lot Built 2008
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,600 square foot retail space, previously occupied by a children's hospital clinic, presents a unique opportunity for medical professionals seeking a prime location. Situated in the well-established Good Hope Plaza, this single-tenant property boasts excellent visibility and convenient access. Its location along Good Hope Road, just west of the busy intersection of N 76th Street and Good Hope Road, ensures high traffic volume and strong potential for patient acquisition. The building's spacious layout offers ample room for a variety of medical services, making it ideal for practices requiring substantial space for patient care, examination rooms, and administrative areas. The property's history as a successful medical clinic provides a solid foundation for future tenants, offering established infrastructure and a proven track record. This is a rare opportunity to secure a well-positioned, high-visibility medical office space in a thriving commercial area. The property's single-tenant occupancy simplifies management and allows for customized interior design to meet specific operational needs. The strategic location ensures easy access for patients and staff, contributing to a positive and efficient practice environment. This turnkey solution offers immediate occupancy and the potential for significant return on investment. Don't miss this chance to establish or expand your medical practice in this desirable location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 12,510 SF
Lot 1.26 ac (54,973 SF)
Zoning code CS
APN 107-0332-000
UPID US92-0113793

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
  • Medical Clinic
  • Pediatrician Medical Clinic
  • Physician
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

7720 W Good Hope Rd Milwaukee, WI 53223
Milwaukee metro Census 102 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$500k

Owner & transaction history

since 2016
2 recorded transactions
2016
$2.3M
2004
Price N/A

Zoning & alternative use

CS · Milwaukee, WI
Zoning description

4. COMMERCIAL SERVICE (CS). This district is intended to provide areas where businesses and personal service establishments can be accommodated, but where extensive retail activities are not warranted by city plans. 295-…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.6M +36.7%
Auto repair, garage $1.5M +28.2%
Retail stores $1.3M +15.7%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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