$545,000

Active

Listed by Keller Williams Realty-Milwaukee North Shore

Description

A Home for your business or an investment for your portfolio - maybe both - you decide. Built in 1981 this 9,600 RSF office building has huge upside potential. The property operates in the back with half the building unoccupied. Lease this thing up and start printing cash or plug in our business and enjoy free rent in the heart of Sussex. All leases written full service gross with a pass-through for increases above thresholds stated in lease. Building is 49% occupied with 4,665 USF of above-grade space available at an average FSG rent of $15.30/USF. See documents tab for Pro Forma illustrating present economics and forecast projections when leased to 85%.

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Property Details

Features Commercial/Industrial

Type of Commercial: Office(s) Type of Industrial:
Total Est Sq Ft: 9,600 Lot Size:
Est Acreage: 0.59 Est Year Built: 1981
Taxes: $10,018 Tax Year: 2018
Location: Free Standing Road Frontage: High Visibility, Town/City Road
Zoning: B-2

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Listing History

Date Event Change
Jul 20 2020 3:11PM Price Change $545,000
Nov 16 2018 2:22AM Status Change Active
Nov 8 2018 9:18AM Price Change $599,000

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