3511 S 27th St Active Save Request In-Person Tour Request Virtual Tour
Milwaukee,WI 53221
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $767
MLS Listing ID 1891818
Year Built 2020
Annual Tax Amount $35,595
Tax Year 2023
Lot Size 0.720 Acres
Acres 0.72
Property Description
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.
Location
State WI
County Milwaukee
Zoning LB-1
Rooms
Basement None
Interior
Heating Central Air,Natural Gas
Cooling Central Air,Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Garage Spaces 12.0
Roof Type Rubber
Building
Water Municipal Sewer,Municipal Water