Marcus & Millichap Facilitates $3.2M Retail Sale In Glendale, WI
5312 North Port Washington Road, Glendale, Wisconsin 53217, United States
$3,225,000
$248,076/SF
Building Size
13 SF
Asset Type
Retail
Closing
Dec 28, 2022
AI
The retail property located at 5312 N Port Washington Road in Glendale, WI has been sold in a recent transaction. The property spans 13,763 square feet with a price per square foot of $234. The sale price for this retail asset is $3,225,000.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,225,000
- Square Footage: 13,763
- Price Per Square Foot: $234
- Address: 5312 N Port Washington Road, Glendale, WI
- Market: Glendale, WI
- Brokers: Jared Shapiro, Craig Fuller, Erin E. Patton & Scott Wiles - Marcus & Millichap
The deal was facilitated by Jared Shapiro, Craig Fuller, Erin E. Patton, and Scott Wiles from Marcus & Millichap. They represented the parties involved in the transaction, ensuring a successful sale of the retail property at 5312 N Port Washington Road in Glendale, WI.
Players
Milwaukee 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
4.92%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93