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INVESTMENT PROPERTIES FOR SALE - LoopNet

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INVESTMENT PROPERTIES FOR SALE 3745 N. RICHARDS STREET , 60006066 N. 76 TH STREET , 7320 W. FLORIST A VE,MILWAUKEE WISCONSIN EXCLUSIVELY LISTED BY: Samuel M. Dickman, Jr. Zach Hansen President Associate The Dickman Company, Inc. The Dickman Company, Inc. O 4142715508 | M 4144058514 O 4142786882| M 2623708470 Sam[email protected] [email protected] The Offering Property Addresses 37453775 N. Richards Street Milwaukee, Wisconsin 53212 60006066 N. 76 th Street Milwaukee, Wisconsin 53218 7320 W. Florist Avenue Milwaukee, WI 53218 Tax Key Number 2739989110 1540042000 1540041000
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Page 1: INVESTMENT PROPERTIES FOR SALE - LoopNet

INVESTMENT PROPERTIES FOR SALE3745 N. RICHARDS STREET, 6000‐6066 N. 76TH STREET, 7320 W. FLORIST AVE, MILWAUKEE WISCONSIN

EXCLUSIVELY LISTED BY:Samuel M. Dickman, Jr. Zach HansenPresident AssociateThe Dickman Company, Inc. The Dickman Company, Inc.O 414‐271‐5508 | M 414‐405‐8514 O 414‐278‐6882| M 262‐370‐8470Sam‐[email protected] [email protected]

The Offering

Property Addresses 3745‐3775 N. Richards StreetMilwaukee, Wisconsin 53212

6000‐6066 N. 76th StreetMilwaukee, Wisconsin 53218

7320 W. Florist AvenueMilwaukee, WI 53218

Tax Key Number 273‐9989‐110

154‐0042‐000

154‐0041‐000

Page 2: INVESTMENT PROPERTIES FOR SALE - LoopNet

Income Overview

Address Size Lease Expiration Tenants Income

3745 N. Richards Street 105,000 SF 09/30/2019 3 $186,624

6000-6066 N. 76th Street 70,000 SF 03/30/2022 1 $292,140

7320 W. Florist Ave 95,000 SF07/201805/202106/2018

3 $133,217

Total Rent: $611,981

Page 3: INVESTMENT PROPERTIES FOR SALE - LoopNet

Building Description

Building Size 110,000 SF

Available Space Fully Leased

Office 3,000 SF

Site Size 5.27 Acres

Year Built 1921, 1949

Clear Height 14’

Loading Docks Available

Drive‐In Doors Available

Power Heavy

Sprinkler Yes

Parking Ample

Expansion Yes

Outside Storage Yes

Zoning IL2 ‐ Industrial

626 E. Wisconsin Avenue | Suite 1020 | Milwaukee, WI 53202P: (414) 271‐6100 | F: (414) 271‐5125 | www.dickmanrealestate.com

3745‐3775 N. Richards StreetProperty Overview

The Offering

Property Address 3745‐3775 N. Richards StreetMilwaukee, Wisconsin 53212

Tax Key Number 273‐9989‐110

3745‐3775 N. Richards Street

This 110,000 SF facility was formerly used for distribution by Johnson Brothers Beverage.  It is now home to three tenants.  The property is located in an area close to the expressway, workers, public transportation, and amenities.  The facility divides easily and is well taken care of by its current owner.

Page 4: INVESTMENT PROPERTIES FOR SALE - LoopNet

3745‐3775 N. Richards Street Location

Page 5: INVESTMENT PROPERTIES FOR SALE - LoopNet

3745‐3775 N. Richards Street Demographics

Population 1 Mile 3 Miles 5 Miles

2022 Projection 19,610 181,862 361,512

2017 Estimate 19,796 181,420 360,483

2010 Census 20,925 181,012 358,898

Growth 2017‐2022 ‐0.94% 0.24% 0.29%

Growth 2010‐2017 ‐5.40% 0.23% 0.44%

Households

2022 Projection 7,877 75,881 144,136

2017 Estimate 7,962 75,586 143,550

2010 Census 8,482 74,844 141,966

Growth 2017‐2022 ‐1.07% 0.39% 0.41%

Growth 2010‐2017 ‐6.13% 0.99% 1.09%

Owner Occupied 2,624  27,335 55,866

Renter Occupied 5,338 48,251 87,684

2017 Households by HH Income

<$25,000 3,466 26,280 51,181

$25,000 ‐ $50,000 2,194 18,694 35,704

$50,000 ‐ $75,000 1,076 11,594 22,592

$75,000 ‐ $100,000 559 6,407 12,495

$100,000 ‐ $125,000 260 3,868 7,030

$125,000 ‐ $150,000 165 2,413 4,620

$150,000 ‐ $200,000 147 2,674 4,325

$200,000+ 98 3,656 5,602

2016 Average Household Income $43,522 $61,690 $58,220

2016 Median Household Income $29,781 $38,966 $37,884

Page 6: INVESTMENT PROPERTIES FOR SALE - LoopNet

Building Description

Building Size 70,000 SF

Office 3,000 SF

Site Size 7.50 Acres

Year Built 1987 (Renovated in 2007)

Clear Height 17’

Loading Docks 8

Drive‐In Doors 3

Parking Ample

Sprinkler Yes

Heat Gas Modine

Lights New Fluorescent

Zoning IL‐1

626 E. Wisconsin Avenue | Suite 1020 | Milwaukee, WI 53202P: (414) 271‐6100 | F: (414) 271‐5125 | www.dickmanrealestate.com

6000‐6066 N. 76th StreetProperty Overview

The Offering

Property Address 6000‐6066 N. 76th StreetMilwaukee, Wisconsin 53218

Tax Key Number 154‐0042‐000

6000 – 6066 N. 76th Street

This 70,000 SF facility was formerly a Handy Andy. It is currently occupied by Braun’s Express. Braun’s Express operates out of 8 terminals across the United States.

Page 7: INVESTMENT PROPERTIES FOR SALE - LoopNet

6000 – 6066 N. 76th Street Location

Page 8: INVESTMENT PROPERTIES FOR SALE - LoopNet

6000 – 6066 N. 76th Street Demographics

Population 1 Mile 3 Miles 5 Miles

2022 Projection 20,351 139,356 305,131

2017 Estimate 20,091 137,608 303,074

2010 Census 18,975 130,165 296,359

Growth 2017‐2022 1,.29% 1.27% 0.68%

Growth 2010‐2017 5.88% 5.72% 2.27%

Households

2022 Projection 6,767 50,933 116,921

2017 Estimate 6,690 50,417 116,377

2010 Census 6,374 48,306 115,027

Growth 2017‐2022 1.15% 1.02% 0.47%

Growth 2010‐2017 4.96% 4.37% 1.17%

Owner Occupied 3,105 25,885 64,078

Renter Occupied 3,585 24,532 52,298

2017 Households by HH Income

<$25,000 2,670 15,827 33,836

$25,000 ‐ $50,000 1,823 14,824 31,092

$50,000 ‐ $75,000 1,206 9,337 20,878

$75,000 ‐ $100,000 526 5,471 13,144

$100,000 ‐ $125,000 318 2,646 7,312

$125,000 ‐ $150,000 81 1,428 4,600

$150,000 ‐ $200,000 41 622 2,948

$200,000+ 23 222 2,567

2016 Average Household Income $42,410 $49,469 $58,444

2016 Median Household Income $33,182 $40,138 $43,444

Page 9: INVESTMENT PROPERTIES FOR SALE - LoopNet

Building Description

Building Size 94,472 SF

Available Space Suite 1: 7,500 SFSuite 2: 8,000 SF

Construction: Masonry

Site Size 6.97 Acres

Year Built 1966 (Renovations in 2007)

Clear Height 14’

Loading Docks (6) Docks

Drive‐In Doors (3) 12’ Drive‐In Doors

Sprinkler Yes

Power Heavy

Outside Storage Yes

Zoning IL1 ‐ Industrial

626 E. Wisconsin Avenue | Suite 1020 | Milwaukee, WI 53202P: (414) 271‐6100 | F: (414) 271‐5125 | www.dickmanrealestate.com

7320 W. Florist AvenueProperty Overview

The Offering

Property Address 7320 W. Florist AvenueMilwaukee, WI 53218

Tax Key Number 154‐0041‐000

3745‐3775 N. Richards Street

This former bowling alley has been converted into a multi‐tenant industrial facility.  It sits on a large lot and is near public transportation, restaurants, and all other major amenities.

Page 10: INVESTMENT PROPERTIES FOR SALE - LoopNet

7320 W. Florist Avenue Location

Page 11: INVESTMENT PROPERTIES FOR SALE - LoopNet

7320 W. Florist AvenueDemographics

Population 1 Mile 3 Miles 5 Miles

2022 Projection 20,351 139,356 305,131

2017 Estimate 20,091 137,608 303,074

2010 Census 18,975 130,165 296,359

Growth 2017‐2022 1,.29% 1.27% 0.68%

Growth 2010‐2017 5.88% 5.72% 2.27%

Households

2022 Projection 6,767 50,933 116,921

2017 Estimate 6,690 50,417 116,377

2010 Census 6,374 48,306 115,027

Growth 2017‐2022 1.15% 1.02% 0.47%

Growth 2010‐2017 4.96% 4.37% 1.17%

Owner Occupied 3,105 25,885 64,078

Renter Occupied 3,585 24,532 52,298

2017 Households by HH Income

<$25,000 2,670 15,827 33,836

$25,000 ‐ $50,000 1,823 14,824 31,092

$50,000 ‐ $75,000 1,206 9,337 20,878

$75,000 ‐ $100,000 526 5,471 13,144

$100,000 ‐ $125,000 318 2,646 7,312

$125,000 ‐ $150,000 81 1,428 4,600

$150,000 ‐ $200,000 41 622 2,948

$200,000+ 23 222 2,567

2016 Average Household Income $42,410 $49,469 $58,444

2016 Median Household Income $33,182 $40,138 $43,444


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