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Southfield Center | 100% Occupied | NNN 5001 S 76th St

11,145 SF 100% Leased Retail Building Greenfield, WI 53220 $6,650,000 ($597/SF) 6.75% Cap Rate

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Investment Highlights

New 10-Year Leases | Scheduled Rental Increases | 100% Occupied | NNN Leases | Brand New Construction
Across From Southridge Mall | National/Credit Tenants

Hard Corner Intersection | Excellent Visibility | Quick Access to Interstate 43 (138,000 VPD)
Strong Demographics in the Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in Southfield Center, a 100% occupied, e-commerce resistant, food and services-based investment property located in Greenfield, WI (Milwaukee MSA). Southfield Center features a strong, diversified tenant line up of Five Guys, Naf Naf Grill, Banfield Pet Hospital, and Stanton Optical. All tenants recently executed brand new 10-year leases with 2 (5-year) options to extend, demonstrating their commitment to the site. All leases feature rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. Additionally, each tenant operates under a NNN lease structure, limiting expense leakage for a future investor. The building features state-of-the art, brand new construction with modern amenities and design.