Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Noodles & Company and Mad Chicken 2725-2735 W Oklahoma Ave 3,885 SF 100% Leased Retail Building Milwaukee, WI 53215 $2,442,860 CAD ($628.79 CAD/SF) 6.65% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Top Performing Noodles & Company: Ranked #2 nationwide (out of 413 stores) and #1 in Wisconsin, with 20+ years of operating history at this site.
Long-Term Tenancy: Noodles operating since 2003; Mad Chicken recently extended lease through January 2031.

Stable Two-Tenant Net Lease: 100% occupied by Noodles & Company (NASDAQ: NDLS) and Mad Chicken (WI-based regional chain with 20+ stores).
Adjacent to Aurora St. Luke’s Medical Center (970+ beds, 4,000 employees), plus nearby Maynard Steel and Carmen High School.

EXECUTIVE SUMMARY

Mid-America Real Estate – Wisconsin is pleased to present the exclusive offering of a 100% occupied, two-tenant retail building located at 2735 W. Oklahoma Avenue, Milwaukee, WI. The property is anchored by Noodles & Company (#2 ranked location nationally per Placer.ai, #1 in Wisconsin) alongside Mad Chicken, a fast-growing regional brand with 20+ locations across nine states.
The building totals 3,885 SF on 0.33 acres and benefits from a prime location along Oklahoma Avenue and South 27th Street (combined 47,800+ vehicles per day). The site offers long-term stability with established tenancy since 2003, recent lease extensions, and contractual rental escalations. Both tenants operate under landlord-friendly NN+ leases with CAM, tax, and insurance reimbursement.
Situated in Milwaukee’s south side trade area, the property draws from 400,000+ residents within 5 miles and a strong employment base anchored by Aurora St. Luke’s Medical Center across the street. Nearby retail anchors include Walmart Supercenter, Chipotle, Starbucks, Buffalo Wild Wings, and Burger King, driving consistent cross-shopping traffic.

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

3,885 SF

Building Class

Year Built

2003

Price

$2,442,860 CAD

Price Per SF

$628.79 CAD

Cap Rate

6.65%

NOI

$162,499 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.27

Lot Size

0.33 AC

Zoning

LB2

Parking

30 Spaces (7.72 Spaces per 1,000 SF Leased)

Frontage

118’ on W Oklahoma Avenue

Bus Line

Accommodation and Food Services
-
$9.99
Jan 0000

Noodles & Company opened its first restaurant in Denver, Colorado in 1995, offering noodle and pasta dishes with the goal of delivering fresh ingredients and flavors from around the world under one roof -from Pad Thai to Mac & Cheese. The brand was founded on the core principle that good food can be served quickly and conveniently in an inviting atmosphere without sacrificing quality, freshness or flavor, all at a value-oriented price point! Today, Noodles & Company delivers on that core principle across hundreds of restaurants and in dozens of states in the U.S. every bowl, every guest, every time.