9004 Lincoln Ave, West Allis, WI 53227-2406
This exceptional 18,306-square-foot medical office building, located at 9004 W. Lincoln Avenue in West Allis, Wisconsin, presents a compelling investment opportunity. The Class B building, constructed in 1975, features two stories and sits on a 0.43-acre lot. The property boasts 36 parking spaces and is zoned C-2 Neighborhood Commercial District. The asking price is $1,225,000, translating to $66.92 per square foot. The building is currently multi-tenant and operates under a NNN lease type. Its prime location offers significant advantages, including proximity to major transportation arteries: within 1.5 miles of I-894/41 and 2 miles of I-94. The building benefits from high visibility, situated directly across from Aurora West Allis Medical Center and near various retail amenities. A corner location with a controlled intersection and a bus stop further enhances accessibility. High traffic counts of 13,800 vehicles per day are expected to pass the building's exterior signage. The seller is open to a lease-back agreement for a portion of the building for a 36-month period, providing a potential income stream for the buyer. The property's APN is 4780309001. This is a rare opportunity to acquire a well-positioned medical office building in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.