2625 National AveMilwaukee, WI 53204

For Lease
$9/SF/YR View listing
  • Drug stores
  • 15,740 SF

Property Details for 2625 National Ave

Year built
2006
Lot size
1.34 AC
Property size (Sq ft)
15,740 SF
Zone code
PD
Property type
Drug stores
APN
434-2381-000
APU
4342381000

Description

This exceptional 14,820-square-foot retail space is available for lease at 2625 W National Avenue in Milwaukee, Wisconsin. Located in Milwaukee County, this single-tenant property presents a significant opportunity for businesses seeking a substantial footprint in a vibrant area. The entire building, totaling 14,820 square feet, is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The property's address is 2625 W National Avenue, Milwaukee, WI 53204, with GPS coordinates of 43.0220076 latitude and -87.9468828 longitude. This prime location offers excellent visibility and accessibility, making it ideal for a wide range of retail businesses. The property is classified as commercial retail and is a single-tenant occupancy. The building's size and layout provide ample space for various retail operations, allowing for creative design and efficient workflow. This is a rare opportunity to secure a large, vacant retail space in a desirable Milwaukee location. Interested parties are encouraged to inquire promptly to explore the possibilities this property offers. The property is ready for immediate occupancy. This is a single-tenant building, providing complete control and customization for the lessee. The property is situated in Milwaukee County, Wisconsin.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,177,804
    6.5%
    $3,856,435
    7%
    $3,580,975
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,026,897
    Geo Method
    $5,166,340
  • Alternative Use

    Use
    Valuation
    Residential
    $3,253,047
    Hospitality
    $2,979,774
    Educational
    $2,479,137
    Medical
    $2,564,398
    Retail
    $3,856,435
2625 National Ave, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0219
Longitude
-87.9471
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$69,944
$611,300
$2,326,300
$2,937,600
-
$611,300
$2,326,300
$2,937,600

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