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JLL is pleased to present State Street Station, a spectacular 148-unit apartment building with in-demand retail located in Milwaukee’s prestigious Wauwatosa suburb. Setting a new bar for suburban living, this luxury community boasts gorgeous interiors, an out-sized amenity package, and urban excitement with local charm. At the heart of the majestic Village of Wauwatosa, State Street Station earns an impressive 87 Walk Score and is just 3 minutes from Milwaukee Regional Medical Center, a major metro employment hub. The award-winning building is posting record 13% rent growth on new leases and 99% occupancy.
This unbeatable investment opportunity also includes a $2.589M TIF reimbursement and is available on either a free & clear basis or with attractive assumable debt.
- 99% Residential Occupancy
- 100% Retail Occupancy & 5+ Years Weighted Average Lease Term
- 13% Rent Growth on New Leases
- 87 Walk Score
- Heart of the Village of Wauwatosa steps to restaurants, Farmers Market, Oak Leaf Trail, & Hart Park
- 10 minutes to downtown
- 3 minutes to Milwaukee Regional Medical Center (17,000 employees)
AFFLUENT HEALTHCARE RENTERS
- 45% of Residents Work in Healthcare & Life Sciences
- $142,000 Avg Household Resident Income
- 18% Rent-to-Income Ratio
- #13 Best Place to Live in Wisconsin
- A+ Overall Niche.com Rating
- 10% 2022 Proj. Rent Growth / 99% Submarket Occupancy
- A Overall Public School Niche.com Rating