Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1954
Building Area

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Silver Terrace Center (the “Property”) – a 21,325 square foot, 92% leased strip center located in Milwaukee, Wisconsin. The property is anchored by AutoZone, and the remainder of the rent roll is comprised of daily needs tenancy to provide goods and services to the dense surrounding area. Two tenants, JAD Foods and Little Leaders, recently extended at the center for ten years, bringing the weighted average lease term at the center to 7.11 years which provides investors with stability and diversified cash flow through their hold period.

Investment Highlights

  • 21,325 SF
  • 6 Tenant Suites
  • Income Diversification with Investment Grade Anchor Tenant
  • 100% Rent Collections Through Global Pandemic
  • 7.11 Weighted Average Lease Term
  • 4.1% CAGR
Last Updated Date: 10 Sep 2021
Clinton Mitchell
Clinton Mitchell
Managing Director, Capital Markets
License details
IL-475.160470 NE-20150925
Michael Nieder
Michael Nieder
Director, Capital Markets
License details
IL # 475.189942

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Last Updated Date: 10 Sep 2021

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