Updated Aug 5, 2025
Wisconsin Department Of Transportation Purchases Industrial Property In West Allis For $8.64M
922 South 70th Street
$8,640,000
$79/SF
Building Size
109,132 SF
Asset Type
Industrial
Closing
Jul 30, 2025
About this deal
AI
The property involved in this transaction is an industrial asset located at 922 South 70th Street in West Allis, WI. The building has a total area of 109,132 square feet and was sold for a transaction amount of $8,640,000, which equates to a price per square foot of $79.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,640,000
- Address: 922 South 70th Street
- Market: West Allis, WI
- Buyer: Wisconsin Department of Transportation
- Seller: 70th Street Industrial Property Group LLC
The Wisconsin Department of Transportation acquired the former Poblocki Sign Co. building, which they intend to use for relocating their regional electrical unit and materials lab, reflecting their operational needs in the area.
On the Map
$8,640,000
$79/SF
Industrial
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Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.84%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93