The Offering
CBRE is pleased to present for your investment consideration a 100% fee simple interest in the multi-tenant office buildings located at 1501-1511 & 1535-1539 West Market Street in Mequon, Wisconsin. The offering is composed of two 2-tenant, triple net leased office buildings, known as the Lakeside Professional Buildings, totaling 18,636 square feet of gross leasable area. The improvements are fully occupied by a strong mix of local and national tenants including Baird, Milwaukee Hand Center, Pegasus Partners, and EPIC Chiropractic.
Investment Highlights
- Fully occupied with a strong tenant mix
- Convenient infill location in affluent Mequon, WI
- Stable cash flow with staggered lease expirations
- NNN leases require minimal landloard involvement
| Sale Price | $2,925,00 |
| Value/SF | $156.95 |
| Cap Rate | 9.36% |
| Leveraged Return | 14.80% |
Contact Information
Patrick Gallagher, CCIM
Executive Vice President
+1 (414) 274-1688
p.gallagher@cbre.com
Eric Rapp
Investment & Institutional Properties
+1 (414) 274-1611
eric.rapp@cbre.com
Peter Langhoff, CCIM
First Vice President
+ 1 (414) 274-1600
peter.langhoff@cbre.com
Max Schultz
Associate
+1 (414) 274-1673
Max.Schultz@cbre.com
Ben Walker
Analyst
+1 (414) 274-1689
ben.walker@cbre.com
Cody Marx
Client Services Specialist
+1 (414) 274-1636
Cody.Marx@cbre.com
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