The Boulder Group Represents $20M Retail Sale In Milwaukee, WI
7401 West Good Hope Road, Milwaukee, Wisconsin 53223, United States
$20,000,000
$166/SF
Building Size
120,000 SF
Asset Type
Retail
Closing
Jul 21, 2022
AI
The retail property located at 7401 W Good Hope Rd in Milwaukee, WI has been sold for a transaction amount of $20,000,000. The property spans 120,000 square feet, resulting in a price per square foot of $167.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $20,000,000
- Address: 7401 W Good Hope Rd, Milwaukee, WI
- Market: Milwaukee, WI
- Brokers: Jimmy Goodman & John Feeney - The Boulder Group
Jimmy Goodman and John Feeney, both representing The Boulder Group, facilitated the sale of this retail property. They played a key role in ensuring a successful transaction for the property located at 7401 W Good Hope Rd in Milwaukee, 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93