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Comparable Properties
Below Market Average
Current rents average $15.51/SF/YR (modified gross), with 84.58% of space on that basis.
Compared to other surveyed properties:
  • 9.14% below the median of $17.07/SF/YR (modified gross)
  • 24.34% below the 75th percentile of $20.50/SF/YR
This rent gap gives investors a clear path to raise rents gradually over time, increasing cash flow and property value.
Because of the below-market rents, the property’s sale price is below comparables:
  • Sale price of $115.68/SF is 13.06% under the median of $133.06/SF
  • Gross revenue multiplier (GRM) of 9.01 is 7.21% below median of 9.71.
Buying the property at a discount lets investors profit by aligning 1010 Fond Du Lac with market norms.
Comparable Properties within the Area: Lease
Comparable Properties within the Area: Sale
Sorted by Price per SQ FT
Sorted by Cap Rate
Sorted by GRM
Exclusively Listed By:
Mark Kvetkovskiy
Senior Associate, Retail Real Estate
Office: 414.946.6022