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Miracle Mile Shopping Center 5655-5679 S 27th St 93,056 SF 100% Leased Retail Building Milwaukee, WI 53221 $10,997,274 CAD ($118.18 CAD/SF) 8.32% Cap Rate



Investment Highlights
- 100% Occupied by Six Tenants on a Mix of Net and Gross Leases
- Anchored by Ollie’s Bargain Outlet (31.5%) with New Eight-Year Lease
- Dense Demographics - Over 280,000 Residents Within Five Miles with Average Household Income of $92,132
- Recent CapEx: Roof Replaced in Fall 2025 with 15 Year Warranty and Parking Lot Sealed and Striped in Spring 2025
- Potential to Develop an Outlot up to 2,000 SF in the SE Corner of the Parking Lot
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Empire Beauty School began in Pennsylvania in 1934 and has grown into a nationwide cosmetology education business focused on preparing students for careers in beauty services. The company offers training in hair, skincare, and nails, with students working with real clients, professional products, and a curriculum built around employer expectations. Empire Beauty School also supports students through cosmetology programs, student salon experience, and career placement services, while providing financial aid, scholarships, and grant opportunities for those who qualify. The business serves aspiring beauty professionals who want pathways into salons, self-employment, and other roles across the beauty industry.
- Holy Smoke
- Retailer
- -
- -
- -
- -
- La Gelati
- Accommodation and Food Services
- -
- -
- -
- -
- Nunu's Hot Bargin
- Retailer
- -
- -
- Triple Net
- Aug 2027
Ollie's Bargain Outlet began in Pennsylvania in 1982 and grew from a closeout retailer into a discount chain with a broad value-oriented assortment. The company sells brand-name merchandise at closeout prices and focuses on categories such as housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. Ollie's Bargain Outlet has expanded throughout the Eastern half of the United States and continues to center its business on excess inventory and bargain pricing. The company also supports community programs through charitable giving tied to local organizations and national partners.
Palm Halal Market is an authentic Middle Eastern supermarket located in the Miracle Mile Shopping Center in Milwaukee, Wisconsin. Founded in 2025, Palm Halal is committed to providing the best halal grocery options to satisfy any hunger and to provide a variety of options to ensure the shopping experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Educational Services | - | - | - | - | |
| Holy Smoke | Retailer | - | - | - | - | |
| La Gelati | Accommodation and Food Services | - | - | - | - | |
| Nunu's Hot Bargin | Retailer | - | - | Triple Net | Aug 2027 | |
|
Retailer | - | - | - | - | |
| Palm Halal Market | Retailer | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,000 SF | Retail | - | Now |
1st Floor
| Size |
| 9,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 9,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 668-0060-110-0 | Improvements Assessment | $3,811,260 CAD |
| Land Assessment | $4,369,699 CAD | Total Assessment | $8,180,959 CAD |
Property Taxes
Presented by
Miracle Mile Shopping Center | 5655-5679 S 27th St
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