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414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
Property Highlights
• Iconic Menomonee Valley Building• Excellent access to the Interstate• 52 stall parking lot• Income in place• Seller will lease back 25,000-35,000 SF from
new owner
Specifications
AVAILABLE SPACE 162,600 SFGross Building Area 162,600 SF
Parcel Size 1.659 acresParking Lot 52 surface stallsSale Price $3,850,000
Contact
Scott [email protected]
Brett [email protected]
Patti [email protected]
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
P R O P E R T Y S U M M A RY
Building One
Size 91,182 SF
Built 1952
Floors Three (3); 30,394 SF Each
Construction Poured Concrete
Roof Composite
Ceiling Height 1st Floor: 15’ 2nd Floor: 14’ 3rd Floor: 13’
Dimensions 167’ x 182’
Column Spacing 23’ x 26’
Loading Docks Three (3) Recessed
Freight Elevator 8,000 lb Capacity
Sprinkler Wet System
Heat City steam heat and gas fired units throughout
Building Two
Size 67,692 SF
Built 1878
Floors Two (2); 33,846 SF Each
Construction Mill (Wood Beams & Floors)
Ceiling Height 1st Floor: 14’
2nd Floor: 14’
Dimensions 180’ x 194’
Column Spacing Varies
Drive-In Doors Two (2) Recessed
Sprinkler Wet System
Heat City steam heat and gas fired units throughout
2018 Taxes $51,936.39
Current Tenants: Brass Light
Prostar Surfaces Space: 10,822 SF (1st Floor)
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
S I T E P L A N
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
F I R S T F LO O R P L A N
UP
UP
DN
SCALE:
OVERALL GROUND FLOOR PLAN1/16" = 1'-0"
3'-9
"
6'-7
"
WAREHOUSE
DN
UP
UP
WAREHOUSE
16'-7
"
9'-1
0"MECHANICALS
RAM
P DN
24'-2"9'-312"8'-7"
2'-1
0"
UP
DN
STORAGE
STORAGE
CONFERENCE
RAM
P DN
WAREHOUSE
RECESSED FLOOR
6' STEPUP
DN
UP
10'-0
"
13'-8
"
21'-8"
RAM
P DN
STEP UP
14'-4"
18'-2
"
15'-4
"
18'-0" 10'-0
"5'
-11"
62'-3
1 2"
53'-612"
14'-1"
VESTIBULE VESTIBULE
TENANT
DOCKS
7'-5
"
14'-4"
OFFICE
OFFICE
OFFICE
KITCHEN
OFFICEOFFICE
CONFERENCE
OFFICE
EXISTINGSAFE
STORAGE
SOFF
IT L
INE
ABOV
E
16'-7
"
MECHANICAL MEZZ ABOVE
OPEN ABOVE
STEP
UP
STEP UP
6'-5"
OFFICE
STORAGESTORAGE
STORAGE
STORAGE
BREAK
MECHANICALS
DOCKS
WAREHOUSE
CAFE
STORAGE
STEP UP
STEP
UP
48" STEP UP
DAMAGED FLOOR
SPACE INVENTORYRoom name Space Type AreaSTAIRCOMMONCOMMON RECEIVINGCOMMONSTAIRELEVATORSTAIRCOMMON MEZZMEP/FPPROSTARBRASS LIGHTBRASS LIGHTBRASS LIGHTAVAILABLE
CommonCommonCommonCommonCommonCommonCommonCommonCommon RestrictedTENANTTENANT BLGTENANT BLGTENANT BLGTENANT UNASSIGNED
200 SF6204 SF360 SF
4259 SF153 SF229 SF219 SF
1344 SF1385 SF
11145 SF23935 SF
599 SF677 SF
12808 SF63516 SF
PROSTAR
AVAILABLE
COMMON
MEP/FPCOMMON RECEIVING
STAIR
STAIR
BRASS LIGHT
COMMON
STAIR
ELEVATOR
BRASS LIGHT
LIGHT STORAGEMEZZANINE
181'
-6"
166'-812"
24'-712" 23'-5" 23'-5" 23'-5" 23'-5" 23'-5" 24'-31
2" 412"
9"14
'-8"
11'-7
1 2"25
'-6"
25'-6
"25
'-6"
25'-6
"25
'-6"
26'-3
1 2"9"
26'-2"12'-10"15'-1"22'-3"16'-0"16'-0"31'-9"18'-0"22'-0"
19'-2"7'-0"18'-0"16'-0"16'-2"16'-0"16'-0"31'-9"18'-0"22'-0"11'-0
"39
'-3"
20'-1
0"19
'-11"
20'-0
"20
'-0"
17'-1
0"13
'-8"
17'-6
"16
'-2"
1'-4
"2'
-4"
180'-1"
21'-9
1 2"20
'-6"
16'-0
"16
'-0"
16'-0
"29
'-5"
13'-4
"
35'-8
1 2"16
'-5"
13'-1
0"12
'-10"
11'-0
"8'
-8"
12'-5
"
38'-0"
10'-11"
32'-1
"
12'-2
"2'
-8"
16'-4
"2'
-8"
DN
DN
UP
UP
SCALE:
MEZZANINE FLOOR PLAN1/16" = 1'-0"
LOCK
ERS
LOCK
ERS
LOCK
ERS
LOCK
ERS
SHOWERS
CAB
CAB
I.T.
RAM
P DN
LOCKERS
COMMON MEZZ
0018-12
A2.10
2018-06-27
PROPOSED PLANS FIRST &MEZZANINE
MILWAUKEE WI 53233
BLG PROPERTY
Issue Set:Date:
Project:
Date:
Project No.:
Sheet No.:
Sheet:
Location:
the C
onso
rtiu
m ae
LLC
735
N W
ater
Sui
te 1
228
|
Milw
auke
e |
W
I 532
02
| G
regg
Pro
ssen
, Prin
cipa
lw
ww
.con
sort
ium
ae.c
om
T E
L E
P H
O N
E
4 1
4 .
4 0
6 . 7
6 2
5
324 N 12TH STREET1101 W ST PAUL AVE1127 W ST PAUL AVE
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
S E C O N D F LO O R P L A N
SCALE:
OVERALL 2ND FLOOR PLAN1/16"=1'-0"
WAREHOUSE
DN
UP
OPEN TO BELOW
OPEN TO BELOW
OPEN TO BELOW
WAREHOUSE
19'-1
"13
'-1"
10'-1
1"
9"
21'-1
"
9"
21'-1
"
10'-7
"28
'-8"
15'-3
"
31'-0"
STORAGE
SHOWROOM
SHOWROOM
WAREHOUSE
ELECTRICALEQUIPMENT
EQUIPMENT
STORAGE
EQUIPMENT
EQUI
PMEN
T
AVAILABLE
AVAILABLE
EGRESS
ELEVATOR
STAIR
STAIR
AVAILABLE
STAIR
AVAILABLE
STAIR
SPACEINVENTORY
Room name Space Type AreaSTAIREGRESSSTAIRELEVATORSTAIRSTAIRAVAILABLEAVAILABLEAVAILABLEAVAILABLE
CommonCommonCommonCommonCommonCommonTENANT UNASSIGNEDTENANT UNASSIGNEDTENANT UNASSIGNEDTENANT UNASSIGNED
306 SF146 SF142 SF165 SF191 SF200 SF
26174 SF3192 SF1176 SF
28351 SF60042 SF
0018-12
A2.20
2018-06-27
PROPOSED PLAN SECONDFLOOR
MILWAUKEE WI 53233
BLG PROPERTY
Issue Set:Date:
Project:
Date:
Project No.:
Sheet No.:
Sheet:
Location:
the C
onso
rtiu
m ae
LLC
735
N W
ater
Sui
te 1
228
|
Milw
auke
e |
W
I 532
02
| G
regg
Pro
ssen
, Prin
cipa
lw
ww
.con
sort
ium
ae.c
om
T E
L E
P H
O N
E
4 1
4 .
4 0
6 . 7
6 2
5
324 N 12TH STREET1101 W ST PAUL AVE1127 W ST PAUL AVE
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
T H I R D F LO O R P L A N
DN
SCALE:
OVERALL 3RD FLOOR PLAN1/16"= 1'-0"
WAREHOUSE
DN
94'-1
019 25
6"
24'-4"
35'-0
"
10'-8"
24'-1
0"
DN
UP
6'-0
"
STORAGE
WAREHOUSE
TENANT
EQUIPMENT
CHAIN LINK FENCE
RESTRICTED RESTRICTED
RESTRICTED
COMMON
STAIR
AVAILABLE
AVAILABLE P SCHLASSLER
EPIC
AVAILABLEA.F.T.
AVAILABLE
STAGE SOFT
0018-12
A2.30
2018-06-27
PROPOSED PLAN THIRDFLOOR
MILWAUKEE WI 53233
BLG PROPERTY
Issue Set:Date:
Project:
Date:
Project No.:
Sheet No.:
Sheet:
Location:
the C
onso
rtiu
m ae
LLC
735
N W
ater
Sui
te 1
228
|
Milw
auke
e |
W
I 532
02
| G
regg
Pro
ssen
, Prin
cipa
lw
ww
.con
sort
ium
ae.c
om
T E
L E
P H
O N
E
4 1
4 .
4 0
6 . 7
6 2
5
324 N 12TH STREET1101 W ST PAUL AVE1127 W ST PAUL AVE
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
LO W E R L E V E L F LO O R P L A N
181'
-6"
166'-812"
24'-712" 23'-5" 23'-5" 23'-5" 23'-5" 23'-5" 24'-31
2" 412"
9"14
'-8"
11'-7
1 2"25
'-6"
25'-6
"25
'-6"
25'-6
"25
'-6"
26'-3
1 2"9"
26'-2"12'-10"15'-1"22'-3"16'-0"16'-0"31'-9"18'-0"22'-0"
19'-2"7'-0"18'-0"16'-0"16'-2"16'-0"16'-0"31'-9"18'-0"22'-0"11'-0
"39
'-3"
20'-1
0"19
'-11"
20'-0
"20
'-0"
17'-1
0"13
'-8"
17'-6
"16
'-2"
1'-4
"2'
-4"
180'-1"
21'-9
1 2"20
'-6"
16'-0
"16
'-0"
16'-0
"29
'-5"
13'-4
"
35'-8
1 2"16
'-5"
13'-1
0"12
'-10"
11'-0
"8'
-8"
12'-5
"
UP
SCALE:
OVERALL BASEMENT PLAN1/16" = 1'-0"
UP
UP
BASEMENT
BASEMENT
STAIR
BRASS LIGHT
NOTE: THIS SPACE HAS A 6'-0" CEILING CLEARANCE OR LESS6'-7" CEILING IS CONSIDERED HABITABLE AREA
0018-12
A2.00
2018-06-27
PROPOSED PLANS -LOWER LEVEL
MILWAUKEE WI 53233
BLG PROPERTY
Issue Set:Date:
Project:
Date:
Project No.:
Sheet No.:
Sheet:
Location:
the C
onso
rtiu
m ae
LLC
735
N W
ater
Sui
te 1
228
|
Milw
auke
e |
W
I 532
02
| G
regg
Pro
ssen
, Prin
cipa
lw
ww
.con
sort
ium
ae.c
om
T E
L E
P H
O N
E
4 1
4 .
4 0
6 . 7
6 2
5
324 N 12TH STREET1101 W ST PAUL AVE1127 W ST PAUL AVE
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
E X T E R I O R P H OTO S
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
I N T E R I O R P H OTO S
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
A E R I A L & LO C AT I O N
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
BRASS LIGHT GALLERY324 N 12T H S T R E E TM I LWA U K E E W I 53233
F O R S A L E
A E R I A L & LO C AT I O N
Demographics
1 MILE 3 MILE 5 MILE
Population 25,064 223,709 473,438
AVG HH Income $32,067 $32,417 $41,112
414.271.1111 | www.founders3.comInformation shown herein was provided by Seller/Lessor and/or third parties and has not been verified by the broker unless otherwise indicated.
S TAT E O F W I S C O N S I N BROKER DISCLOSURE
N O N - R E S I D E N T I A L C U S TO M E R S
Disclosure to CustomersYou are a customer of the brokerage firm (hereinafter Firm). The Firm is either an agent of another party in the transaction or a subagent of another firm that is the agent of another party in the transaction. A broker or a salesperson acting on behalf of the Firm may provide brokerage services to you. Whenever the Firm is providing brokerage services to you, the Firm and its brokers and salespersons (hereinafter Agents) owe you, the customer, the following duties:
• The duty to provide brokerage services to you fairly and honestly.
• The duty to exercise reasonable skill and care in providing brokerage services to you.
• The duty to provide you with accurate information about market conditions within a reasonable time if you request it, unless disclosure of the information is prohibited by law.
• The duty to disclose to you in writing certain Material Adverse Facts about a property, unless disclosure of the information is prohibited by law.
• The duty to protect your confidentiality. Unless the law requires it, the Firm and its Agents will not disclose your confidential information or the confidential information of other parties.
• The duty to safeguard trust funds and other property held by the Firm or its Agents.
• The duty, when negotiating, to present contract proposals in an objective and unbiased manner and disclose the advantages and disadvantages of the proposals.
Please review this information carefully. An Agent of the Firm can answer your questions about brokerage services, but if you need legal advice, tax advice, or a professional home inspection, contact an attorney, tax advisor, or home inspector. This disclosure is required by section 452.135 of the Wisconsin statutes and is for information only. It is a plain-language summary of the duties owed to a customer under section 452.133(1) of the Wisconsin statutes.
Confidentiality Notice to CustomersThe Firm and its Agents will keep confidential any information given to the Firm or its Agents in confidence, or any information obtained by the Firm and its Agents that a reasonable person would want to be kept confidential, unless the information must be disclosed by law or you authorize the Firm to disclose particular information. The Firm and its Agents shall continue to keep the information confidential after the Firm is no longer providing brokerage services to you.
The following information is required to be disclosed by law:
1. Material Adverse Facts, as defined in section 452.01(5g) of the Wisconsin Statutes (see “Definition of Adverse Facts” below).
2. Any facts known by the Firm or its Agents that contradict any information included in a written inspection report on the property or real estate is the subject of the transaction.
To ensure that the Firm and its Agents are aware of what specific information you consider confidential, you may list that information below or provide that information to the Firm or its Agents by other means. At a later time, you may also provide the Firm or its Agents with other information you consider to be confidential.
CONFIDENTIAL INFORMATION
NON-CONFIDENTIAL INFORMATION (the following information may be disclosed to the Firm and its Agents)
(Insert information you authorize to be disclosed, such as financial qualification information.)
Definition of Material Adverse Facts
A “Material Adverse Fact” is defined in Wis. Stat. 452.01(5g) as an Adverse Fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, that it affects or would affect the party’s decision to enter into a contract or agreement concerning a transaction or affects or would affect the party’s decision about the terms of such a contract or agreement.
An “Adverse Fact” is defined in Wis. Stat. 452.01(1e) as a condition or occurrence that a competent licensee generally recognizes will significantly and adversely affect the value of the property, significantly reduce the structural integrity of improvements to real estate, or present a significant health risk to occupants of the property; or information that indicates that a party to a transaction is not able to or does not intend to meet his or her obligations under a contract or agreement made concerning the transaction.
Notice About Sex Offender Registry
You may obtain information about the sex offender registry and persons registered with the registry by contacting the Wisconsin Department of Corrections on the Internet at http://www.doc.wi.gov or by telephone at 608-240-5830.
Wisconsin law requires all real estate licensees to give the following information about brokerage services to prospective customers.
Prior to negotiating on your behalf the Brokerage firm, or an agent associated with the firm, must provide you the following disclosure statement.
No representation is made as to the legal validity of any provision or the adequacy of any provision in any specific transaction.