CAP Rate: 5.47%
Building Size: 9,962 SF
Lot Size: 2.71 AC
Year Built: 1997
DEPOSITS (000’S): $70,670
This is a BMO Harris Bank fee simple absolute NNN lease in Brookfield, Wisconsin. The property is located approximately 12 miles west of Downtown Milwaukee along Interstate 94. The property, situated on US Route 190, consists of 9,962 square feet of improvements. The site features excellent visibility and accessibility with signage on US Route 190, 64 parking spaces, and three drive-thrus. The 100% fee simple interest in the underlying land and building is being offered. The lease calls for 1.5% annual increases and zero landlord obligations. The asset is well situated near major retailers, including BP and Culver’s.
In cooperation with Wisconsin Licensed Real Estate Broker Tim Wimmer
Brookfield is a city located in Waukesha County, Wisconsin. It had a population of 37,920 in the 2010 census. Brookfield is the third largest city in Waukesha County.
Brookfield is located west of Milwaukee in Waukesha County in an area originally inhabited by Potawatomi Indians. The first known white settler was Robert Curren who built the first log cabin in 1836. Farms dominated the landscape into the mid-20th century.
The City of Brookfield was incorporated on August 14, 1954 from the Town of Brookfield, a portion of which still survives along the city’s western edge.