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4934 W Fond Du Lac Ave, Milwaukee, WI, 53216

Dark Advance Auto Parts

$847,733

Key Information

Cap Rate
9%
$ per SF
$121
Tot. SF
7,000
Lot Size
0.79 Acres
Year Built
2004
Term Remaining
± 5 Years
Type
Retail
NOI
$76,296

Highlights

• Dark store paying rent, providing a redevelopment opportunity for an opportunistic investor
• 2004 build-to-suit construction for Advance Auto Parts.
• Corporately guaranteed lease.
• 5-Years of rent remaining (buyer can continue to collect rent or negotiate a lease buyout)
• Advance Auto has successfully operated at this location for 20-years.
• Located near several national retailers and neighbors to many notable tenants including Walgreens, Foot Locker, Gamestop, and McDonalds to name a few.
• 3-Mile population of ±204,392 residents.
• 5-Mile population of ±447,535 residents.
• Traffic counts at the intersection of HWY 190 & W Fond Du Lac Ave exceed ±90,700 vehicles daily.
• The subject property is located just ±4.7 miles from Downtown Milwaukee.

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 51983-90, 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203