MILWAUKEE, WI – Milwaukee, the #1 largest city in Wisconsin, boasts a strong and diversified economy, fueled by manufacturing, healthcare, and technology sectors. Affordable living costs continue to attract a growing population, creating a stable customer base with high demand for convenient retail options. This dynamic city offers a vibrant community and a flourishing business environment, making it an ideal location for retail investment.
MAJOR DEVELOPMENTS NEARBY – Surrounded by exciting new developments, the area is poised for significant growth and increased tenant demand. Within a 2-mile radius, you’ll find over 290 new residential units in projects like Five Point Lofts, Compass Lofts Union at Rose Park, and the new King Library Redevelopment, creating a built-in customer base for your business. The recently completed Hope Street Ministry Sechem Center, a 21,000 square foot facility with a cafe, urban greenhouse, and job training programs, will further revitalize the neighborhood and foster a vibrant community. Additionally, the Century City Spec Building provides access to a growing business hub, while the proposed $80 million, 300,000 square foot non-profit athletic center just 0.2 miles away will attract a significant influx of people to the area.
UNIVERSITY OF WISCONSIN – MILWAUKEE – Located less than 2.9 miles from the subject, The University of Wisconsin-Milwaukee (UWM) stands as the largest university in the Milwaukee area and a prominent member of the University of Wisconsin System. Boasting over 27,000 enrolled students, UWM offers competitive tuition rates, making it an attractive option for students seeking a high-quality education at an affordable price.
HIGH VISIBILITY LOCATION – The property is situated on a prominent corner lot, ensuring excellent exposure and visibility to a high volume of traffic. The intersection the site is located on generates over 34,000 vehicles per day.
DENSE COMMUNITY – This property serves the central Milwaukee, WI community with over 850,000 residents within a 5-mile radius of the subject.
CRITICAL DRIVE-THRU LANE – Drive-thru lanes proved to be critical for retailers through the pandemic, and as total sales volume for restaurants, pharmacy, and bank properties last year hit a record $12 Billion, the interest in drive-through real estate has exploded.
INVESTMENT GRADE CREDIT TENANT – Rent is guaranteed for 3.25 Years by Walgreens Corporate, a Fortune 500 pharmaceutical and health service company boasting an S&P credit rating of BBB- and a ± $19 billion market cap.