Grafton Retail Center

1620 North Port Washington Road, Grafton, WI

$4,320,000

Price

6.25%

Cap Rate

$269,898

NOI

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Street
Map
Overview
Cap Rate
6.25%
NOI
$269,898
Building Size
6,687 sqft
Lot Area
1.29 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
2023
Tenancy
Multiple
Parking Spots
44
Lease Expire Year
6/14/2034
Description

The Grafton Retail Center, located at 1620 N Port Washington Road, Grafton, WI 53024, is a prime investment opportunity featuring a 6,687 square foot multi-tenant building on a 1.29-acre site. It's fully occupied with three fresh 10-year leases to nationally established tenants: Chipotle, Five Guys, and T-Mobile.

Highlights
  • Convenient location off I-43, serving as a retail hub for northern Milwaukee suburbs.
  • Situated as an outlot to a Meijer grocery store, receiving over 1.2 million visits annually.
  • Strong local demographics with an average household income of $117,051 within a 5-mile radius.
Documents
Title
Grafton_Retail_Center_OM.pdf
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Location
Gallery