First-floor commercial space in the heart of Brookfield’s new Town Center District! The revitalization plan of the area is providing for a charming village community concept on Federal Road with 800 apartments being added to the area. This is now the new “go-to” destination for restaurants, food services, and personal service locations for many area residents. The space was previously a bank branch with two drive-thru windows. The location and growth in the area would make it ideal to continue operating as a bank branch or be reutilized for personal services, medical, and or food related businesses that can serve the nearby growing community. The property boasts ample parking for any business use and is served by sewer, water, and natural gas. The space is 3, 620 SF and has direct exposure on Federal Rd with the property having an additional entrance off Station Rd. Existing tenants on the property include a popular restaurant, a dance studio, and a family dentist practice which will all help bring additional traffic to the location. This is an excellent opportunity to bring your business to a great location! The space is being offered at $23/SF NNN with nets being estimated at $7. 25/SF.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $18 | $18 | $18 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $0 | $0 | $0 |
Total Monthly Payment | $75 | $75 | $75 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.