Marcus & Millichap Brokers Sell Retail Property In Hales Corners, WI For $6M
5602 S 108th Street, Hales Corners, Wisconsin 53130, United States
$6,000,000
$161/SF
Building Size
37,219 SF
Asset Type
Retail
Closing
Jul 5, 2022
About this deal
AI
The retail property located at 5602 S 108th St in Hales Corners, WI has been sold for a price of $6,000,000. The property spans over 37,219 square feet and the price per square foot is $161.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,000,000
- Address: 5602 S 108th St, Hales Corners, WI
- Market: Hales Corners, WI
- Square Footage: 37,219
- Price per Square Foot: $161
The sale of this retail property was facilitated by Adrian Mendoza, Austin Weisenbeck, and Sean R. Sharko from Marcus & Millichap.
Players
Hales Corners 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93