United States Postal Service
$1,550,000
11015 West Oklahoma Avenue, Milwaukee, WI 53227
6.77
Cap Rate
104,785
NOI
Details:
Highlights:
- 100% Occupied by the United States Postal Service (USPS)
- 8,732 SF Footprint with Strategic Visibility
- Built-In Market Rent Upside
- Strong Co-Tenancy with High-Traffic Ace Hardware
- Residual Redevelopment or Re-Tenanting Upside
- Highly Trafficked, Visibility-Rich Corridor
Description:
Invest in this prime investment opportunity at USPS - 11015 W Oklahoma Ave, West Allis WI. The property features an 8,732 SF condo unit within a retail strip anchored by Ace Hardware, offering a solid 6.77% cap rate and $104,785 in Year 1 NOI. Occupied by the United States Postal Service, the location benefits from its mission-critical government tenant and co-tenancy with a high-traffic Ace Hardware, attracting over 235,000 annual visits. The site's strategic visibility along Oklahoma Avenue, with 13,500 VPD, presents excellent traffic exposure. With potential for residual redevelopment or re-tenanting, the property offers market rent upside with a five-year renewal option. If USPS vacates, the 8,732 SF box is ideal for service-based, medical, or retail replacement tenants. Situated near major commuter corridors, including U.S. Highway 41/I-894, this property is a compelling investment with both stability and growth opportunities. Secure a reliable income stream with significant upside potential at this sought-after location.
Documents:
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USPS-_West_Allis_OM_Final.pdf
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Location
