Kamin Realty Company Acquires Retail Property In Saukville, WI For $7.2M | 825 East Green Bay Avenue | Audley Clarke, Andrew (AJ) Hyans, Samuel Finkler | Retail | Sale

Summary

Sale

WISCONSIN

Retail

122,000 sqft

Located at 825 E Green Bay Avenue in Saukville, WI, this retail property was recently sold in a closed transaction. The property spans an area of 122,000 square feet, with a price per square foot of $59. The sale was facilitated by Samuel Finkler, Audley Clarke, and Andrew Hyans of TrueRate Services, representing the buyer, Kamin Realty Company.

Summary of transaction details:

Property Type: Retail
Sale Price: $7,200,000
Address: 825 E Green Bay Avenue, Saukville, WI
Market: Saukville, WI

TrueRate Services Investment Sales successfully marketed this property on behalf of the seller. Prior attempts to sell the property with various brokerages were unsuccessful in meeting the desired pricing goals. However, with a data-driven and tech-leading approach, TrueRate Services generated multiple offers for the seller within a few weeks. Eventually, they achieved the desired pricing goal and secured an offer equal to the asking price, accompanied by favorable terms. Throughout the transaction, the competitive nature of the offers ensured that there were no renegotiations while the property was under contract.

Players

All
4

Agents
3
Agencies
1

Audley Clarke

Investment Sales Associate

$64.9M Sold

$67.3M Sold

$98.5M Sold

Details

Deal Summary

SOLD

IMAGE: Samuel Finkler, Audley Clarke & Andrew Hyans DATE: 06/30/2022 ADDRESS: 825 E Green Bay Avenue MARKET: Saukville, WI ASSET TYPE: Retail BUYER: Kamin Realty Company BROKERS: Samuel Finkler (@Sam_Finkler), Audley Clarke (@TheAudleyClarke), Andrew Hyans (@AJHyans) - TrueRate Services SALE PRICE: $7,200,000 SF: 122,000 ~ PPSF: $59 NOTE FROM @TrueRateServices: TrueRate Services Investment Sales was engaged by the Seller exclusively to market this property. The sellers had attempted to sell this property with various brokerages throughout the past few years but had been unsuccessful in reaching their pricing goals. Through a data-driven, tech-leading approach, the team successfully produced multiple offers for the seller within weeks and achieved their pricing goal, resulting in an offer equal to the asking price to go along with excellent terms. This competition ensured the deal was not re-traded while under contract.

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Address825 East Green Bay Avenue

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