1025 S 108th St
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1025 S 108th St
7,375 SF 90% Leased Office Building Milwaukee, WI 53214 $869,000 ($118/SF) 9.54% Cap Rate
EXECUTIVE SUMMARY
Two-story commercial building with 90% occupancy, offering an exceptional investment opportunity. A small office suite on the second floor is available, featuring a shared conference room. The property has excellent visibility and is conveniently located on Hwy 100, just south of Interstate 94 at the Zoo Interchange. An income and operating expense summary is available upon execution of a Non-Disclosure Agreement. The building currently maintains a 90% occupancy rate, with a proforma NOI of $82,931 at full occupancy, resulting in a 9.5% CAP rate.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,375 SF
Building Class
C
Year Built
1987
Price
$869,000
Price Per SF
$118
Cap Rate
9.54%
NOI
$82,931
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,688 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
0.33 AC
Zoning
Commercial - Commercial, office district zoned
Parking
12 Spaces (1.63 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
8654 SF with reception/entry, 4 private offices, storage room, common area restrooms, shared conference room.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 4 | 865 SF | Office | Full Build-Out | 30 Days |
2nd Fl-Ste 4
| Size |
| 865 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 4
| Size | 865 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
8654 SF with reception/entry, 4 private offices, storage room, common area restrooms, shared conference room.
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Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 445-0035-001 | Improvements Assessment | $343,400 |
| Land Assessment | $172,000 | Total Assessment | $515,400 |
PROPERTY TAXES
Parcel Number
445-0035-001
Land Assessment
$172,000
Improvements Assessment
$343,400
Total Assessment
$515,400
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1025 S 108th St
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