Active
3511 South 27th STREET
Milwaukee WI, 53221
$3,300,000
$767.44 per sqft
Active
4,300 sqft
Commercial
Built in 2020
Courtesy of Paradigm Real Estate
A 4,300-square-foot retail building with a drive-thru, leased to Panera, is now available on South 27th Street in Milwaukee, Wisconsin. The property has a corporate lease with Panera, with almost 12 years remaining and several renewal options. There are rent increases every five years, with Seller to carry forward 2026 renewal rate upon closing.Located about 4 miles south of downtown Milwaukee in a prime retail area anchored by the renowned 931-bed Aurora St. Luke's Medical Center, the site benefits from excellent traffic exposure and demographics. The area has 384,953 residents within a 5-mile radius with an average household income of $78,550, making this an excellent net lease investment opportunity.
1891818
MLSⓇ ID
September 13, 2024
Listed
November 22, 2024
Updated
Map
3511 South 27th STREET
Milwaukee WI, 53221
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.72 Acres
Sewer
Public Sewer
Other Property Details
Area Name
MILWAUKEE
Taxes
$35,596
Tax Frequency
Annually
Garage
No
View
No
County
MILWAUKEE
Water Source
Public
Pool
No
Zoning
LB-1
Courtesy of Paradigm Real Estate, Brian Parrish
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by the seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Source: MetroMLS ©2024 Multiple Listing Service, Inc. – All Rights Reserved
Data last updated 6:28 AM UTC, 11/22/2024