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8800 West Dean Road, Milwau...

Updated Dec 19, 2023

David Hodge Of NAI Greywolf Brokers $1.5M Sale Of Industrial Property In Milwaukee, WI
SOLDIndustrial

David Hodge Of NAI Greywolf Brokers $1.5M Sale Of Industrial Property In Milwaukee, WI

8800 West Dean Road, Milwaukee, Wisconsin 53224, United States

$1,500,000

$71/SF

Building Size

20,860 SF

Asset Type

Industrial

Closing

Jul 5, 2022

About this deal

AI

The industrial property located at 8800 W Dean Rd in Milwaukee, WI has been sold for a transaction amount of $1,500,000. This property spans across 20,860 square feet, resulting in a price per square foot of $72.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,500,000
  • Address: 8800 W Dean Rd, Milwaukee, WI
  • Market: Milwaukee, WI
  • Broker: David Hodge - NAI Greywolf

David Hodge from NAI Greywolf served as the broker representing the involved parties in this sale transaction.

Players

David Hodge

NAI Global

Broker

$1.5M

vol

1 deal

Broker

Milwaukee Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $71 per square foot on a published $1.5M for 20,860 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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