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Transcript of colliers.com /wisconsin...brokerage services to you. Whenever the broker is providing brokerage...
Building For SaleAnd/orRestaurant For Lease
714N MILWAUKEE STREETMILWAUKEE | WI 53202
colliers.com/wisconsin
CORY SOVINE414 278 6836 (direct)414 218 3761 (mobile)[email protected]
Colliers International833 E Michigan Street | Suite 500 Milwaukee, WI 53202P: +1 414 276 9500
Building Size 9,468 SF
Lot Size 0.06 AC
Year Built 1890
Opex Estimate TBV
SITE SPECIFICATIONSINTERIOR PHOTO
KEY FEATURES/HIGHLIGHTS
• Fully built out restaurant space - former Sake Tumi
• Located in Downtown Milwaukee’s CBD On Milwaukee Street, One of
Milwaukee’s most iconic restaurant districts
• 15,298 Employees in a one mile radius
• 4,538 Hotel rooms in a one mile radius
FOR SALE OR LEASE 714 N Milwaukee Street // Milwaukee // WI
3,344 SFAVAILABLE SPACE
$30.00 PSF NNNLEASE RATE
$1,500,000SALE PRICE
714 N Milwaukee Street
FLOOR PLANS
First Floor
Second Floor
Third Floor
FOR SALE OR LEASE 714 N Milwaukee Street // Milwaukee // WI
FOR SALE OR LEASE 714 N Milwaukee Street // Milwaukee // WI
DEMOGRAPHICS - 1, 3 & 5 MILE RADIUS
Population
1 Mile: 20,3653 Miles: 199,3285 Miles: 422,098
Daytime Population
1 Mile: 83,9923 Miles: 255,1805 Miles: 450,100
Average HH Income
1 Mile: $84,2483 Miles: $51,6195 Miles: $58,270
Households
1 Mile: 10,7943 Miles: 78,6345 Miles: 165,698
AERIAL MAP
Traffic Counts: 6,600 VPD on Milwaukee Street, 12,513 VPD on E Wisconsin Ave & 4,723 VPD on E Mason Street
SITE
N M
ILWAU
KEE STREET
N M
ILWAU
KEE STREET
E WISCONSIN AVENUE
E MASON STREET
The Shops of Grand Ave
MSOE Athletic Field
Cathedral Square Park
Betty Brinn Children’s Museum
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, condi-tions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved.
CORY SOVINE414 278 6836 (direct)414 218 3761 (mobile)[email protected] Colliers International
833 E Michigan Street | Suite 500 Milwaukee, WI 53202
P: +1 414 276 9500
Contact Us:
FOR SALE OR LEASE // 714 N Milwaukee Street // Milwaukee // WI colliers.com/wisconsin
1 Pr
ior t
o ne
gotia
ting
on y
our b
ehal
f the
Bro
ker m
ust p
rovi
de y
ou th
e fo
llow
ing
disc
losu
re s
tate
men
t: 2
3
You
are
a cu
stom
er o
f the
bro
ker.
The
bro
ker
is e
ither
an
agen
t of a
noth
er p
arty
in th
e tra
nsac
tion
or a
sub
agen
t of a
noth
er b
roke
r 4
who
is
the
agen
t of
ano
ther
par
ty i
n th
e tra
nsac
tion.
Th
e br
oker
, or
a s
ales
pers
on a
ctin
g on
beh
alf
of t
he b
roke
r, m
ay p
rovi
de
5 br
oker
age
serv
ices
to
you.
W
hene
ver
the
brok
er i
s pr
ovid
ing
brok
erag
e se
rvic
es t
o yo
u, t
he b
roke
r ow
es y
ou,
the
cust
omer
, th
e 6
follo
win
g du
ties:
7
■ T
he d
uty
to p
rovi
de b
roke
rage
ser
vice
s to
you
fairl
y an
d ho
nest
ly.
8 ■
The
dut
y to
exe
rcis
e re
ason
able
ski
ll an
d ca
re in
pro
vidi
ng b
roke
rage
ser
vice
s to
you
. 9
■ T
he d
uty
to p
rovi
de y
ou w
ith a
ccur
ate
info
rmat
ion
abou
t m
arke
t co
nditi
ons
with
a r
easo
nabl
e tim
e if
you
requ
est
it, u
nles
s 10
dis
clos
ure
of th
e in
form
atio
n is
pro
hibi
ted
by la
w.
11
■ T
he d
uty
to d
iscl
ose
to y
ou i
n w
ritin
g ce
rtain
mat
eria
l ad
vers
e fa
cts
abou
t a
prop
erty
, un
less
dis
clos
ure
of t
he i
nfor
mat
ion
is
12
p
rohi
bite
d by
law
(See
Lin
es 4
7-55
). 13
■
The
dut
y to
pro
tect
you
r co
nfid
entia
lity.
U
nles
s th
e la
w r
equi
res
it, th
e br
oker
will
not
dis
clos
e yo
ur c
onfid
entia
l inf
orm
atio
n or
the
14
c
onfid
entia
l inf
orm
atio
n of
oth
er p
artie
s (S
ee L
ines
22-
39).
15
■ T
he d
uty
to s
afeg
uard
trus
t fun
ds a
nd o
ther
pro
perty
the
brok
er h
olds
. 16
■
The
dut
y, w
hen
nego
tiatin
g, t
o pr
esen
t co
ntra
ct p
ropo
sals
in a
n ob
ject
ive
and
unbi
ased
man
ner
and
disc
lose
the
adv
anta
ges
and
17
d
isad
vant
ages
of t
he p
ropo
sals
. 18
Pl
ease
rev
iew
thi
s in
form
atio
n ca
refu
lly.
A b
roke
r or
sal
espe
rson
can
ans
wer
you
r qu
estio
ns a
bout
bro
kera
ge s
ervi
ces,
but
if
you
19
need
le
gal
advi
ce,
tax
advi
ce,
or
a pr
ofes
sion
al
hom
e in
spec
tion,
co
ntac
t an
at
torn
ey,
tax
advi
sor,
or
hom
e in
spec
tor.
20
Th
is d
iscl
osur
e is
req
uire
d by
sec
tion
452.
135
of th
e W
isco
nsin
sta
tues
and
is fo
r in
form
atio
n on
ly.
It is
a p
lain
-lang
uage
sum
mar
y of
21
A
brok
er’s
dut
ies
to a
cus
tom
er u
nder
sec
tion
452.
133
(1) o
f the
Wis
cons
in s
tatu
tes.
22
23
BRO
KER
WIL
L KE
EP C
ON
FID
ENTI
AL A
NY
INFO
RM
ATIO
N G
IVEN
TO
BR
OKE
R I
N C
ON
FID
ENC
E, O
R A
NY
INFO
RM
ATIO
N
24
OBT
AIN
ED B
Y BR
OKE
R T
HA
T H
E O
R S
HE
KNO
WS
A R
EASO
NAB
LE P
ERSO
N W
OU
LD W
ANT
TO B
E KE
PT C
ON
FID
ENTI
AL,
25
UN
LESS
TH
E IN
FOR
MA
TIO
N M
UST
BE
DIS
CLO
SED
BY
LAW
OR
YO
U A
UTH
OR
IZE
THE
BRO
KER
TO
DIS
CLO
SE P
ARTI
CU
LAR
26
IN
FOR
MAT
ION
. A
BRO
KER
SH
ALL
CO
NTI
NU
E TO
KEE
P TH
E IN
FOR
MAT
ION
CO
NFI
DEN
TIAL
AFT
ER B
RO
KER
IS N
O L
ON
GER
27
PR
OVI
DIN
G B
RO
KER
AGE
SER
VIC
ES T
O Y
OU
. 28
TH
E FO
LLO
WIN
G IN
FOR
MAT
ION
IS R
EQU
IRED
TO
BE
DIS
CLO
SED
BY
LAW
: 29
1.
M
ATER
IAL
ADVE
RSE
FAC
TS,
AS D
EFI
NED
IN
SEC
TIO
N 4
52.0
1 (5
g) O
F TH
E W
ISC
ON
SIN
STA
TUTE
S (S
EE L
INES
47-
55).
30
2.
ANY
FAC
TS K
NO
WN
BY
THE
BRO
KER
TH
AT C
ON
TRA
DIC
T AN
Y IN
FOR
MAT
ION
IN
CLU
DED
IN
A W
RIT
TEN
IN
SPE
CTI
ON
31
R
EPO
RT
ON
TH
E P
RO
PER
TY O
R R
EAL
ESTA
TE T
HAT
IS T
HE
SUBJ
ECT
OF
THE
TRA
NSA
CTI
ON
. 32
TO
EN
SUR
E TH
AT T
HE
BRO
KER
IS A
WAR
E O
F W
HAT
SPE
CIF
IC IN
FOR
MAT
ION
YO
U C
ON
SID
ER C
ON
FID
ENTI
AL, Y
OU
MAY
LIS
T 33
TH
AT IN
FOR
MAT
ION
BEL
OW
(SEE
LIN
ES 3
5-36
). A
T A
LA
TER
TIM
E, Y
OU
MA
Y A
LSO
PR
OVI
DE
THE
BR
OK
ER W
ITH
OTH
ER
34
INFO
RM
ATIO
N Y
OU
CO
NSI
DE
R T
O B
E C
ON
FID
ENTI
AL.
35
C
ON
FID
ENTI
AL
INFO
RM
ATI
ON
: __
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
36
__
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
37
N
ON
-CO
NFI
DEN
TIAL
IN
FOR
MAT
ION
(T
he
follo
win
g in
form
atio
n m
ay
be
disc
lose
d by
B
roke
r):
____
____
____
____
____
____
____
__
38
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
____
__
39
(INS
ER
T IN
FOR
MAT
ION
YO
U A
UTH
OR
IZE
TH
E B
RO
KE
R T
O D
ISC
LOS
E S
UC
H A
S F
INA
NC
IAL
QU
ALI
FIC
ATI
ON
INFO
RM
ATI
ON
.) 40
41
I/We
agre
e th
at t
he B
roke
r an
d an
y af
filia
ted
settl
emen
t se
rvic
e pr
ovid
ers
(for
exam
ple,
a m
ortg
age
com
pany
or
title
com
pany
) m
ay
42
call
our/m
y ho
me
or c
ell
phon
e nu
mbe
rs r
egar
ding
iss
ues,
goo
ds a
nd s
ervi
ces
rela
ted
to t
he r
eal
esta
te t
rans
actio
n un
til I
/we
43
with
draw
thi
s co
nsen
t in
writ
ing.
Li
st H
ome/
Cel
l N
umbe
rs:
___
____
____
____
____
____
____
____
____
____
____
____
____
____
__
44
45
N
otic
e:
You
may
obt
ain
info
rmat
ion
abou
t th
e se
x of
fend
er r
egis
try a
nd p
erso
ns r
egis
tere
d w
ith t
he r
egis
try b
y co
ntac
ting
the
46
Wis
cons
in
Dep
artm
ent
of
Cor
rect
ions
on
th
e In
tern
et
at
http
://of
fend
er.d
oc.s
tate
.wi.u
s/pu
blic
/ or
by
ph
one
at
608-
240-
5830
. 47
48
A “m
ater
ial a
dver
se fa
ct”
is d
efin
ed in
Wis
. Sta
t.§ 4
52.0
1 (5
g) a
s an
adv
erse
fact
that
a p
arty
indi
cate
s is
of s
uch
sign
ifica
nce,
or
that
49
is
gen
eral
ly r
ecog
nize
d by
a c
ompe
tent
lice
nsee
as
bein
g of
suc
h si
gnifi
canc
e to
a r
easo
nabl
e pa
rty,
that
it a
ffect
s or
wou
ld a
ffect
50
th
e pa
rty’s
dec
isio
n to
ent
er i
nto
a co
ntra
ct o
r ag
reem
ent
conc
erni
ng a
tra
nsac
tion
or a
ffect
s or
wou
ld a
ffect
the
par
ty’s
dec
isio
n 51
ab
out t
he te
rms
of s
uch
a co
ntra
ct o
r agr
eem
ent.
An
“adv
erse
fact
” is
defin
ed in
Wis
. Sta
t. §
452.
01 (
1e)
as a
con
ditio
n or
occ
urre
nce
52
that
a c
ompe
tent
lic
ense
e ge
nera
lly r
ecog
nize
s w
ill s
igni
fican
tly a
nd a
dver
sely
affe
ct t
he v
alue
of
the
prop
erty
, si
gnifi
cant
ly r
educ
e 53
th
e st
ruct
ural
inte
grity
of i
mpr
ovem
ents
to
real
est
ate,
or
pres
ent
a si
gnifi
cant
hea
lth r
isk
to o
ccup
ants
of
the
prop
erty
; or
info
rmat
ion
54
that
ind
icat
es t
hat
a pa
rty t
o a
trans
actio
n is
not
abl
e to
or
does
not
int
end
to m
eet
his
or h
er o
blig
atio
ns u
nder
a c
ontra
ct o
r 55
ag
reem
ent m
ade
conc
erni
ng th
e tra
nsac
tion.
WIS
CO
NSI
N R
EALT
OR
S® A
SSO
CIA
TIO
N
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est R
un R
oad
Mad
ison
, WI 5
3704
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liers
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auke
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OK
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IDEN
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UST
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OK
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ISC
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UST
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NFI
DEN
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E TO
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STO
MER
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NSE
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ATIO
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EGIS
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liers
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auke
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higa
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reet
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auke
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I 532
02
Pho
ne (4
14) 2
76-9
500
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(414
) 276
-950
1
No
repr
esen
tatio
n is
mad
e as
to th
e le
gal v
alid
ity o
f any
pro
visi
on o
r the
ade
quac
y of
any
pro
visi
on in
any
spe
cific
tran
sact
ion.
C
opyr
ight
200
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cons
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EALT
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iatio
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