Germantown Retail for Sale - Washington East

Newmark Capital Markets and Accredas Investments are proud to present a rare investment opportunity for qualified investors: the acquisition of a fee simple interest in a premier, two-tenant, absolute NNN-leased Fleet Farm & Chase Bank property, ideally situated in the retail suburb of Milwaukee, Wisconsin. A long-term 20-year lease with the 56-year occupancy. Fleet Farm, a strong Midwest retailer with an infamous attraction, secures the offering. 10% increase in year over year sales. 12% increase in sales projected for year ending 2026. Fleet Farm was established in 1955 and is continuing to add new stores to its 50+ locations. This outstanding two-tenant retail asset features a full-size Fleet Farm store and a recently constructed Chase Bank on a shared 17.83-acre parcel. Fleet Farm accounts for 94.7% of the total NOI. The Fleet Farm lease commenced in December 2021 and has a firm term through Q4 2041 with 2.00% annual increases and four five-year renewal options. Fleet Farms offers exceptional income stability and a hedge against inflation. Chase Bank’s portion commenced in Q4 2024 and will run through Q4 2039, with three five-year renewal options and 10% annual increases. Chase Bank specifically identified and was granted the opportunity to build on the coveted intersection in front of this highly successful Fleet Farm location. The subject’s 10-mile demographics confirm a growing population of 331,141 residents, with an affluent average household income exceeding $109,800 and robust consumer spending power of more than $4.2 billion annually. Fleet Farm is just a 10-minute drive from Downtown Milwaukee. Milwaukee serves as Wisconsin's largest economic center and one of the Midwest's most diversified secondary markets, anchored by a longstanding base of advanced manufacturing, a growing professional-services sector, and nationally recognized corporate headquarters. Investors won’t want to miss the chance to acquire the well-established Fleet Farm and newly constructed JPMorgan Chase Bank, a profound and well-performing portfolio addition in the bustling Germantown suburb of Milwaukee, Wisconsin.

Property Subtype:

Freestanding

Date on Market:

2026-04-01

New Berlin Office for Sale - Brookfield/New Berlin

Jennifer Stein Real Estate, Inc., in conjunction with Zeustra Healthcare Real Estate Advisors – Out-of-State Cooperating Broker, is pleased to present the exclusive opportunity to acquire 12555 W National Ave in New Berlin, Wisconsin—a 16,808 square foot, fully leased outpatient medical facility strategically located within the Milwaukee Metropolitan Statistical Area (MSA). Offered at $4,500,000, the asset delivers a strong in-place net operating income of $343,875.88, representing a 7.64% capitalization rate and providing investors with durable, immediate cash flow. The property is 100% leased to a complementary mix of healthcare providers, anchored by Aspen Orthopedic Specialists, which occupies approximately 50% of the building. Aspen is a long-term tenant that has recently exercised its 5-year renewal option, demonstrating continued commitment to the location. The practice operates a comprehensive outpatient platform, including on-site MRI, digital X-ray, and physical therapy services, reinforcing the mission-critical nature of the facility and representing significant tenant investment in specialized buildout and equipment. Aspen Orthopedic Specialists maintains one additional 5-year renewal option, and its current rental rate remains below prevailing market levels, offering investors embedded upside potential. The remaining tenancy includes West Allis Primary Care Physicians and Internist LTD, both of which have recently executed 5-year renewal options, further solidifying the stability of the rent roll. All leases are structured on a triple net basis with 2% annual rent escalations, providing investors with passive ownership and consistent income growth while minimizing landlord responsibilities. 12555 W National Ave is strategically positioned within the affluent and growing Waukesha County submarket, one of the most desirable suburban healthcare corridors in the Milwaukee MSA. The property benefits from proximity to major regional healthcare systems including Froedtert Health, Advocate Aurora Health, and Ascension Wisconsin, as well as nearby facilities such as Froedtert Moorland Reserve Health Center, ProHealth Care’s Waukesha Memorial Hospital, and Ascension SE Wisconsin Hospital – Elmbrook Campus. This concentration of healthcare infrastructure drives sustained patient demand and supports long-term tenant retention. The asset also offers excellent accessibility via West National Avenue and nearby Interstate 94, Interstate 43, and Interstate 41, providing convenient access throughout the Milwaukee metro area. The surrounding corridor features a strong mix of residential density, retail amenities, and commercial development, enhancing patient convenience and visibility for medical tenants. The combination of 100% occupancy, recent lease renewals across the entire tenant roster, mission-critical orthopedic with MRI & X-Ray, triple net lease structure with contractual rent growth, and below-market rental rates positions 12555 W National Ave as a highly attractive, stabilized medical office investment. The offering provides investors with secure in-place income, minimal management responsibility, and meaningful long-term upside within a proven and supply-constrained healthcare market.

Property Subtype:

Medical

Date on Market:

2026-04-29

Glendale Retail for Sale - North Shore

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, investment grade (S&P: A), Target investment property located in Glendale, WI (Milwaukee MSA). The tenant has over 10 years of firm term remaining with an additional 10 (5-year) option periods to extend. The lease features scheduled 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: A | NYSE: TGT), and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The subject property affords an investor the rare opportunity to acquire a generational legacy asset leased to one of the premier retailers in the world, with unmatched underlying intangibles, while further mitigating risk with far-below market rent and an acquisition price substantially below replacement cost.

Property Subtype:

Freestanding

Date on Market:

2026-03-11

Brookfield Retail for Sale - Brookfield/New Berlin

TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale a PNC Bank located in Brookfield, Wisconsin. PNC Bank has operated successfully at this location since 2012 under an absolute NNN ground lease with a current term through January 2032, plus five 10-year renewal options, each featuring an 8%–10% rent increase. PNC Bank is one of the largest diversified financial services institutions in the U.S. It operates over 2,200 branches coast-to-coast and has a network of 60,000+ ATMs. In 2025, PNC generated a record 22 billion in revenue and $7 billion in net income. The company is actively investing $2 billion to open 300+ new branches over the next 5 years. Brookfield, just 15 miles west of downtown Milwaukee, is one of the region’s most established and affluent suburbs, supported by the #1 “Best School District in Wisconsin,” median household income exceeding $129,000 (3-mile), and homeownership above 82%. It benefits from the broader Greater Milwaukee economic powerhouse of 1.5+ million residents and a GDP of over $130 billion, anchored by six Fortune 500 headquarters, including Northwestern Mutual, Kohl’s, Fiserv, and Rockwell Automation. The area offers a highly desirable quality of life with major regional destinations and events, including Summerfest, along with cultural and sports anchors such as the Milwaukee Art Museum, Harley-Davidson Museum, the Milwaukee Brewers at American Family Field, and the Milwaukee Bucks at Fiserv Forum. In Association With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91

Property Subtype:

Bank

Date on Market:

2026-03-06

Milwaukee Office for Sale - Milwaukee NW

• Strong historical occupancy • Located on Capitol Drive, one of Milwaukee’s primary east–west commercial corridors with strong daily traffic counts. • Priced below replacement cost and below many recent comparable sales on a per square-foot basis. • 11 private offices - 100% leased, providing stable in-place cash flow

Property Subtype:

Medical

Date on Market:

2026-01-15

New Berlin Industrial for Sale - Brookfield/New Berlin

Marcus & Millichap REIS is pleased to present a unique opportunity to acquire a single-tenant industrial/flex asset located at 1925 S Moorland Rd New Berlin, WI. The property consists of approximately 59,994 square feet leased to Nonn’s Flooring LLC, a well-established regional operator specializing in flooring and home improvement products and who has recently been acquired by Lowe’s Companies Inc in 2025. The property benefits from a prime location in the city of New Berlin, a thriving industrial corridor with excellent access to I-94 and the greater Milwaukee metro area. The lease includes 2% annual rent escalators with 5.1 years remaining on the first term and two five-year renewal options, providing long-term income stability and growth.

Property Subtype:

Showroom

Date on Market:

2025-11-17

West Allis Office for Sale

HEARTLAND DENTAL 8001 W National Ave, West Allis, WI 53214 A rare investment opportunity awaits in West Allis, Wisconsin, in the heart of the Milwaukee MSA. This property boasts a long-term Absolute NNN Lease with a reputable tenant, offering stability and reliability to the savvy investor. Featuring an immaculate building, this prime commercial space is a standout in the region. Surrounded by flourishing businesses and a thriving community, the location is ideal for long-term success and growth. The property's strategic placement provides high visibility and easy access, ensuring a steady stream of potential customers. Don't miss the chance to own a premium investment property with a top-tier tenant in a sought-after location. With solid financials and promising projections, this opportunity is not to be overlooked. Contact us today to take the next step in securing this exceptional asset.

Property Subtype:

Medical

Date on Market:

2025-11-04

Milwaukee Retail for Sale - SW Outlying Milwaukee

Marcus & Millichap is pleased to exclusively present for sale this net-leased Walgreens located at 4405 West Layton Avenue in Greenfield, Wisconsin, a thriving suburban community, strategically situated within the Milwaukee Metropolitan Area (population 1.57 million). Walgreens has been operating at this location since 1995, underscoring its long-term commitment to the market. The property features a 13,500-square-foot free standing building on a 1.46-acre parcel, prominently positioned at the hard signalized intersection of West Layton Avenue and Loomis Road, offering excellent frontage, visibility, and access in a heavily trafficked corridor. The subject property is surrounded by a strong mix of established and growing residential communities, including numerous apartment complexes such as Ravinia Apartments, Greenbrook Apartments, Timber Ridge Apartments, and Statesman Apartments. Several new residential developments are also underway nearby, including Pleasant View Reserve by Veridian (53 new homesites), Ryan Meadows by Stepping Stone (37 new homesites), and Lakeshore Commons (86 single-family homes, 29 townhomes, and 199 apartments). The immediate trade area benefits from a robust consumer base, with average household incomes exceeding $91,793 within a one-mile radius. In addition to its strong residential foundation, the property is adjacent to a medical clinic and is within close proximity to a nursing home and numerous assisted living facilities, further enhancing daily traffic and prescription demand. The site is also near higher education institutions, including Alverno College, Milwaukee Area Technical College (12,618 students), and Marquette University (11,550 students), providing a steady flow of customers from both students and faculty. Walgreens entered into a brand-new 25-year lease in 1995 and has since exercised its second renewal option, extending the current term through November 30, 2030. This demonstrates the tenant’s strong commitment to the site and provides approximately five years of remaining term, with seven additional fiveyear renewal options thereafter. Walgreens, the second-largest pharmacy chain in the United States, was recently taken private following its acquisition by Sycamore Partners. This transition marks an important new chapter, enabling the company to operate with greater flexibility while maintaining its scale and national presence. With nearly 8,100 locations across all 50 states, Walgreens continues to dominate key markets such as Milwaukee, where it has a long history and deep customer loyalty. Under private ownership, the company is positioned to sharpen its focus on core retail and healthcare operations, reinforcing the stability of this corporate-guaranteed lease and providing investors with confidence in long-term performance.

Property Subtype:

Drug Store

Date on Market:

2025-09-15

Milwaukee Office for Sale - Downtown East

• Institutional-Grade Credit Leased to U.S. Bank N.A. (S&P A+ credit rating), providing exceptional income security and minimal default risk. • Long-term Lease with Escalations Recently recommitted to a 7-year Lease with 2% annual rent increases, supporting long-term value growth and inflation protection. • Key U.S. Bank Hub Location This office location near other critical U.S. Bank offices are connected with a Skywalk making a long-term commitment to this facility very likely. • Value-Add Opportunity This Investment Property offers an appealing future rent increase upside based on current asking rents in this market. This U.S. Bank Office Property is located in one of the most prestigious Milwaukee Submarkets of Downtown East. • Attractive to Passive Investors This modified gross lease with partial expense recovery delivers consistent income with low operational oversight • Revitalized Downtown Area This property is located in close proximity to The Couture, a 44-story high-rise apartment building completed in 2024. The Couture is the most luxurious apartment tower in Milwaukee’s CBD, featuring 322 apartments, 50,000 SF of restaurant and retail spaces. • Vibrant Young College-Educated Workforce Counter to several other CBD market areas across the country, Milwaukee’s Downtown area has grown and has attracted a young and dynamic workforce in recent years.

Date on Market:

2025-08-06

West Allis Retail for Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property positioned within the Milwaukee MSA in West Allis, Wisconsin. Walgreens has been successfully operating at this location since its construction in 2008. The current lease runs through July 2033 and has options totaling ?fty years. The lease is absolute triple net presenting no landlord responsibilities. Sales at this location have increased year-over-year for the last three years. Please contact the broker for additional details. The 14,487 square-foot building benefits from its position on West Greenfield Avenue, which experiences 11,400 vehicles per day. West Greenfield Avenue intersects with I-41/I-894 (173,000 VPD) and connects to I-94 (161,000 VPD). The subject property is located near several regional shopping centers and popular entertainment options. Nationally recognized tenants occupying surrounding centers include Walmart, Target, Menards, ALDI, Walmart, Burlington, McDonald’s, and Starbucks. The subject property is located less than 2 miles southwest of American Family Field, the stadium for the Milwaukee Brewers. It is also located less than 2 miles east of the Wisconsin State Fair Park and the Milwaukee Mile Speedway. Lastly, the property is located 1 mile southwest of the Clement J Zablocki Veterans Affairs Medical Center, which is a 637-bed, multifaceted medical facility that receives 500,000 visits annually. Walgreens is surrounded by a densely populated area. There are over 456,000 people living within a 5-mile radius, those of which earn an average household income exceeding $87,461. The property is just 4 miles southwest of Marquette University and 5 miles southwest of downtown Milwaukee. Walgreens is a leading American retail pharmacy chain founded in 1901 by Charles R. Walgreen in Chicago, Illinois, where it continues to maintain its headquarters. Operating nearly 8,500 stores across the United States, Walgreens serves approximately 9 million customers and patients daily, offering prescription medications, health and wellness products, and general merchandise. The company has a storied history of nearly 125 years, evolving from a single drugstore to a cornerstone of American healthcare and retail. On August 28, 2025, Walgreens Boots Alliance, Inc. was acquired by New York-based private equity firm Sycamore Partners in a $10 billion deal.

Property Subtype:

Drug Store

Date on Market:

2023-10-13

Milwaukee Retail for Sale - Milwaukee Near SW

100% Leased to BMO Harris - Absolute NNN - Annual Rent Increases Lease Term - 2025 Branch Refresh Planned Significant Deposits & Market Share Leader Excellent Credit Tenancy Multi-Lane Drive Thru & Ample Parking Excellent Visibility and Signage

Property Subtype:

Bank

Date on Market:

2023-09-19

Milwaukee Retail for Sale - West Allis

This offering presents the opportunity to acquire a single-tenant net leased investment.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-05-14

Milwaukee Industrial for Sale - Milwaukee West

The property is a 12,476 SF industrial building in lease until 10/31/26. It has a single use tenant. The Building was originally a location for a Cabinetry Company.

Property Subtype:

Manufacturing

Date on Market:

2026-05-11

West Allis Retail for Sale

Property Subtype:

Restaurant

Date on Market:

2026-05-05