Horvath & Tremblay Represents Sale Of Two Retail Centers For $9.5M In Wisconsin
15155 West National Avenue, 15177 West National Avenue, 15160 West Library Lane, 15188 West Library Lane, 302 South Grand Avenue & 338 South Grand Avenue
$9,500,000
Building Size
—
Asset Type
Retail
Closing
Nov 4, 2026
About this deal
AI
The transaction involved the sale of two fully leased retail centers located at 15155-15177 West National Avenue, 15160-15188 West Library Lane, and 302-338 South Grand Avenue in New Berlin and Sun Prairie, WI. The total sale price for the assets amounted to $9,500,000, and the properties collectively encompass 2.41 acres.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,500,000
- Address: 15155-15177 West National Avenue, 15160-15188 West Library Lane; 302-338 South Grand Avenue
- Market: New Berlin & Sun Prairie, WI
- Acres: 2.41
Mark Heidecke and Marc Sibai from Horvath & Tremblay represented the deal, facilitated by the successful completion of the sale where New Berlin City Center sold for $4.2 million and Market Place at Sun Prairie sold for $5.3 million.
On the Map
$9,500,000
Retail
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Players
Avenue 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93