1025 Milwaukee Ave | South Milwaukee, WI 53172
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1025 Milwaukee Ave
South Milwaukee, WI 53172
Guardian Credit Union · Retail Property For Sale
Executive Summary
Guardian Credit Union was originally formed in 1934 by Milwaukee based
Harnishfeger Corporation in West Milwaukee, Wisconsin. Opening its doors
as a credit union for the employees, it soon expanded to serve the surrounding
community and eventually grew to 6 locations spread throughout southeastern
Wisconsin. Guardian’s goal has been to provide a source of credit at a fair interest
rate and the opportunity for its members to improve their economic and social
conditions.
Guardian Credit Union, like many other financial institutions, has owned the real
estate in which they operate their branch locations. And like many other financial
institutions, Guardian has decided to pursue a sale-leaseback of this branch in
order to deploy their capital in their primary business of lending to customers.
Harnishfeger Corporation in West Milwaukee, Wisconsin. Opening its doors
as a credit union for the employees, it soon expanded to serve the surrounding
community and eventually grew to 6 locations spread throughout southeastern
Wisconsin. Guardian’s goal has been to provide a source of credit at a fair interest
rate and the opportunity for its members to improve their economic and social
conditions.
Guardian Credit Union, like many other financial institutions, has owned the real
estate in which they operate their branch locations. And like many other financial
institutions, Guardian has decided to pursue a sale-leaseback of this branch in
order to deploy their capital in their primary business of lending to customers.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Building Size
3,600 SF
Year Built
1960
Price
$360,000
Price Per SF
$100
Cap Rate
7%
NOI
$25,200
Percent Leased
100%
Building Height
1 Story
Building FAR
0.50
Lot Size
0.16 AC
Opportunity Zone
Yes
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