5444 N 124th St

5444 N 124th St, Milwaukee, WI 53225

INDUSTRIAL For Sale

Year Built: 1967

Floors: 1

Available Spaces

Space	Size	Type	Pricing
Investment Opportunity - Industrial		SALE	$3,929,000.00

Contact

Jan Kadow - Colliers - Milwaukee

PHONE: 2629516497

Description

• Single tenant industrial building leased to Safeway Transportation Wisconsin, LLC, long term NNN lease through July 2032. * Two 3 year renewal options. • Safeway Transportation services school districts across the suburbs of Milwaukee, WI and Chicago, IL. • Current NOI $257,589 (3% annual escalator ) CAP Rate 6.55% • Founded in 2012, Safeway Transportation is dedicated to providing safe and reliable transportation for students. • 6 drive-in doors, a 3 ton crane, garage bays, office, warehouse and mezzanine space, secure/gated bus/truck parking. • Located just west of 41 on W Silver Spring Drive and N 124th Street offering 2 acres, zoned IL1, allowing truck/trailer parking, a key component to tenant’s utilization of premises.