NO TRESPASSINGInvestment Highlights:* Huge value-add opportunity through lease-up at market rates* ±61,902 sf vacant retail center shadow anchored by Menards in retail corridor* Strategic location in Granville Station, home to the most concentrated base of industrial employment in Wisconsin. * The property is surrounded by regional and national tenants such as Walmart, Walgreens, Target, McDonald’s, Aldi, Dollar General, Chase Bank, Olive Garden, Wendy’s, Family Dollar, Subway, Pizza Hut, Advance Auto Parts, BMO Harris Bank, and Burger King, among many more * Proximity to major highways - the subject property is at the intersection of highways 100 & 181, state route 41, and is minutes from interstates 41 and 43 for quick access to downtown Milwaukee. * Excellent demographics with more than 148,000 people within a 5 mile radius of the property with an average household income of ±68,387* Desirable Midwest market - Milwaukee metro has a population of over 1.6 million people and is only 92 miles from Chicago Investment Overview:Vacant big box retail center located within Granville Station at 8120 West Brown Deer Rd in Milwaukee, WI. The Property is a former Pick n’ Save Grocery store and contains ±61,902 SF of vacant retail on a ±7.02 AC parcel shadow anchored by Menards with Taco Bell and Foot Locker as outparcels to the site. The property is zoned RB1 and offers 275 parking spaces (4.46 per 1,000 SF). 8120 West Brown Deer Rd is located in a retail heavy corridor and is surrounded by regional and national tenants such as Walmart, Walgreens, Target, McDonald’s, Aldi, Dollar General, Chase Bank, Olive Garden, Wendy’s, Family Dollar, Subway, Pizza Hut, Advance Auto Parts, BMO Harris Bank, and Burger King, among many more. The Property is located near the intersection of highways 100 & 181 and SR41 and is minutes from interstates 41 and 43 allowing for quick access to downtown Milwaukee. The Property benefits from its close proximity to major highways and area amenities. Milwaukee is the largest city in the State of Wisconsin, the 31st most populous city in the United States, and 39th most populous region in the United States. Located on the southwestern shore of Lake Michigan. Milwaukee is the main cultural and economic center of the Milwaukee–Racine–Waukesha MSA. Milwaukee is home to the international headquarters of many large companies and ranks 5th for number of Fortune 500 companies per capita. In addition the city has a high number of financial service firms, publishing and printing companies, as well as a vibrant healthcare industry. Major employers in the trade area inclue SC Johnson, Roundry’s Miller Brewing Company, Kohl’s, GE Healthcare, AT&T, and Aurora Healthcare. The Property benefits from excellent area demographics with more than 148,000 people within a 5 mile radius of the property with an average household income of ±68,387. The center boasts traffic counts of ±30,354 on West Brown Deer Road.This Property presents a huge value add opportunity through full lease-up at market rates. This property will be auctioned on Monday, February 27 - Wednesday, March 1 . The price displayed is the starting bid amount of $400,000. For information and to register to bid on this property, please visit Ten-X.com.
