Lakeside Shopping Center
25110 75th St, Salem, WI 53168, USA

$7,625,000· Multi Tenant (Available)

Investment Highlights

  • 38,500 +/-SF - Multi-Tenant Retail Building
  • 93.51% Occupied - Three Leased Units
  • One Vacant Unit (6.49% GLA)
  • Well Maintained Property -Built In 1980
  • Lakeside Foods (Festival Foods) Leased Through February 2031
  • Midwest Dental – Occupied Since 2013 (Extended In 2020)
  • Athletico Physical Therapy – Occupied Since 1993 (Extended In 2019)
  • All Three Tenants Have Annual Rental Increases
  • All Leases Are Triple-Net
  • Landlord Responsible for Roof & Structure
  • Landlord Handles Management and Reimbursement from Aurora Outlot & H&R Block Center
  • Adjacent To Aurora Urgent Care
  • Three Points of Ingress & Egress
  • Great Visibility From 75th Street – VPD 15,535 (2018)
  • Market Occupancy Of 98.1% -Retail
  • Over 22,800 Residents Within Five Miles
  • Average Household Income Of $101,389 Within Five Miles

Location

Agent

Jeff Rowlett

jeff.rowlett@marcusmillichap.com
262 364 1924

Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Mr. Rowlett is widely recognized as a leading investment properties specialist. His expertise is in understanding the capital markets, knowing..

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