Daily limit: 0/10
Marcus & Millichap Facilitates $14.9M Sale Of Multi-Tenant Retail Property In Waukesha, WI
SOLD
$14,900,000
Wisconsin
See Similar DealsRetail224,020 SF
Sold 08/30/2023
SOLD
Marcus & Millichap Facilitates $14.9M Sale Of Multi-Tenant Retail Property In Waukesha, WI
601 Meadowbrook Road & 921 Meadowbrook Road
See Similar DealsRetail224,020 SF
Sold 08/30/2023
Summary
WISCONSIN
Asset Type:Retail
Price Per Square Foot:$66
Total Square Footage:224,020 SF
Transaction Type:Sale
A multi-tenant retail property anchored by a grocery store in Waukesha, Wisconsin has been sold for $14.9 million. The property spans 112,010 square feet and is located at 601-921 Meadowbrook Road. The sale price per square foot was $133.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,900,000
- Address: 601-921 Meadowbrook Road, Waukesha, WI
- Market: Waukesha, WI
Marcus & Millichap facilitated this sale of the multi-tenant retail property. The deal was brokered by Austin Weisenbeck, Marc Sitzer, and Sean Sharko, who represented Marcus & Millichap in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$794,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$52,936.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$70,633.60
Annual Debt Service$847,603.22
Is there something missing? Send suggestions