Metro Market Retail Property In Mukwonago Sold For $12M With Buyer’s Rep Carol Vena
1010 North Rochester Street
$12,000,000
$188/SF
Building Size
63,740 SF
Asset Type
Retail
Closing
Jul 12, 2024
AI
A retail property located at 1010 North Rochester Street in Mukwonago, WI, has been sold for $12,000,000. The asset encompasses 63,740 square feet, translating to a price per square foot of $188. The property is single-tenant and is occupied by Metro Market under a net-lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,000,000
- Address: 1010 North Rochester Street
- Market: Mukwonago, WI
- Square Footage: 63,740
- Price Per Square Foot: $188
- Buyer's Representative: Carol Vena - JRW Realty
- Seller's Representatives: Daniel Baruch & Jacob Baruch - Legacy Realty Group Advisors
The transaction was facilitated by Legacy Realty Group Advisors, with Daniel and Jacob Baruch representing the seller. Carol Vena of JRW Realty acted as the representative for the buyer in this deal.
Players
Mukwonago Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93