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

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