5007 Howell AveMilwaukee, WI 53207

This exceptional 60,000 square foot medical office building in Milwaukee, Wisconsin, presents a compelling investment opportunity. Located at 5007 S Howell Ave, 53207, this property boasts a prime location directly across from Milwaukee Mitchell International Airport, placing it within an opportunity zone. The building commands an asking price of $8,500,000, offering a strong 8.35% capitalization rate and a substantial net operating income (NOI) of $710,277. Approximately 60% of the building is currently occupied by medical tenants, with the remaining space leased to airport-related businesses, ensuring a stable and diverse tenant base. Recent significant capital improvements enhance the property's value and appeal. These upgrades include a complete lobby remodel with upgraded restrooms, energy-efficient LED lighting throughout the parking lot and common areas, installation of a new chiller and boilers for optimal climate control, a comprehensive security camera system for enhanced safety, extensive parking lot repairs, and the complete replacement of all 450 windows. This meticulously maintained building offers excellent accessibility and presents a rare opportunity to acquire a high-performing asset in a strategic location. The combination of strong NOI, prime location, and recent renovations makes this a truly exceptional investment prospect.