Shoppers World of Brookfield_Property for Sale
Shoppers World of Brookfield_Property for Sale
12575 West Capitol Drive, Brookfield, WI, 53005, US

Shoppers World of Brookfield

Asset Description

  • SE Corner of Capitol Drive & 124th Street - Brookfield, Wisconsin


  • Anchors: Best Buy Outlet, Ross Dress For Less, Burlington Coat Factory, Crunch Fitness


  • Shadow Anchor: Metro Market
...

Attributes

Building area net
16,610 m²
Occupancy
100%
NOI
NZ$3,233,000

Media

Investment Highlights

Minimal Capital Expenditures

  • Recent rood replacement


Stable, Credit Tenant Line-Up With A WALT of 5 Years

  • 95% of GLA is leased to National Tenancy
  • 37% of GLA is leased to Credit Tenancy


High Performing Tenancy Within Exceptionally Tight Submarket

  • Reporting Anchor / Junior Anchor health ratios of sub 10%
  • No available junior anchor vacancy within 5-mile of the asset


Recent Leasing Monument I Three (3) New Leases Totaling 93,528 SF Since 2022

  • New 10-year lease with Crunch Fitness - 54,756 SF
  • New 5-year lease with Best Buy Outlet - 34,872 SF
  • New 5-year lease with Leslle's Pool Supply - 3,900 SF


Dominant Investment Grade Shadow Tenants

  • Shadow Metro Market (Kroger) is the 2nd most trafficked grocer within the chain and in the 99th percentile of grocers nationwide - 1.8M annual visitors
  • Shadow Chick Fil A draws a supplemental +330 synergistic consumers to area
Shoppers World of Brookfield 4_Property for Sale
Shoppers World of Brookfield 4_Property for Sale

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Shoppers World of Brookfield (0 Properties)

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Last updated
21 May 2024