State Street Station

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.

STELLAR PERFORMANCE

• 99% Residential Occupancy
• 100% Retail Occupancy & 5+ Years Weighted Average Lease Term
• 13% Rent Growth on New Leases

PREFERRED LOCATION

• 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

SUPERIOR SUBURB

• #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