Ajit Dudani Acquires Retail Property In Milwaukee For $3.5M
5656 S Packard Ave Cudahy, WI 53110, USA
$3,500,000
$27/SF
Building Size
125,250 SF
Asset Type
Retail
Closing
Jul 3, 2023
About this deal
AI
A retail property located at 5656 South Packard Avenue in Milwaukee, WI has been sold for a price of $3,500,000. The property spans a total of 125,250 square feet, resulting in a price per square foot of $28.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,500,000
- Address: 5656 South Packard Avenue, Milwaukee, WI
- Market: Milwaukee, WI
The buyer of the property is Ajit Dudani, while Jim Shapir acted as the seller. The deal was facilitated by brokers Jacob Baruch, Jonah Warshaw, and Ari Warshaw from Legacy Realty Group Advisors.
On the Map
$3,500,000
$27/SF
Retail
View full map
Players
Cudahy Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Jonah Warshaw to view all their deals.
Browse Wisconsin retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93