Marcus & Millichap Sells Elkhorn Crossing Retail Property In Elkhorn, Wisconsin For $1.67M
1020 North Wisconsin Street
$1,675,000
$567/SF
Building Size
2,950 SF
Asset Type
Retail
Closing
Sep 18, 2023
AI
Elkhorn Crossing, a multi-tenant retail property located on an outlet adjacent to a grocery-anchored center in Elkhorn, Wisconsin, has been sold for $1,675,000. The property spans 2,950 square feet and is valued at $568 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,675,000
- Address: 1020 North Wisconsin Street, Elkhorn, WI
- Market: Elkhorn, WI
- Brokers: Dominic Sulo, Samuel Malato & Todd Lindblom - Marcus & Millichap
- Square Footage: 2,950
Marcus & Millichap facilitated the sale of Elkhorn Crossing, representing both the buyer and the seller. Dominic Sulo, Samuel Malato, and Todd Lindblom of Marcus & Millichap served as the brokers in this transaction. Their expertise in the retail market in Elkhorn, Wisconsin, ensured a successful deal for both parties involved.
Players
Elkhorn 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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93