2678 South 108th Street West Allis, WI 53227
Sponsored
Property Features for 2678 South 108th Street
General Information
- Property type
- Bank owned properties
- Square Feet
- 2,798 SF
- Price / Square Foot
- $1,401
- Elevators
- N/A
- Lot Size
- 38,333 SF
Building Details
- Buildings
- 1
- Stories
- 1
- Units
- 1
Overview
Prime Bank Location Investment Opportunity
This property features a newly constructed 2,798 square foot Chase Bank situated on a 0.88-acre lot in West Allis, Wisconsin. The location benefits from high visibility at the intersection of Highway 100 and Cleveland Ave, with traffic counts of 27,000 vehicles per day, and convenient access to Interstate 41, which sees 157,000 vehicles per day. A 15-year triple-net (NNN) lease is in place, offering zero landlord obligations and 10% rent increases every five years, along with three five-year renewal options. The property is strategically located adjacent to West Allis Center, a 232,57 square foot shopping center, and a renovated Target store, attracting over 3.5 million annual visitors. The area boasts strong demographics, including 259,840 residents, 112,418 households, and an average household income of $87,414 within a 5-mile radius. Furthermore, the property is located 7 miles from Downtown Milwaukee, which has a population exceeding 560,000. The location is near numerous national retailers, including Walgreens, OfficeMax, Burger King, Chick-fil-A, Panda Express, Starbucks, Marshalls & HomeGoods, Kohl's, and Piggly Wiggly.
HighLights
- Brand new Chase Bank building, 2,798 sq ft, on 0.88‑acre lot in West Allis, WI.
- 15‑year NNN lease with zero landlord obligations and 10% rent increases every 5 years.
- Excellent visibility at a busy intersection near major retailers and Downtown Milwaukee.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- West Allis
- State
- Wisconsin
- Longitude
- -88.046472
- Latitude
- 42.995681
Nearby Similar for Sale
FAQs
What type of property is this?
Bank owned property - West Allis, WI: Prime Bank Location
Where is this bank owned property located?
The property is located at 2678 South 108th Street West Allis, WI.
What is the asking price?
The asking price for this property is $3,921,569.
What are key features of this property?
This property features: Brand new Chase Bank building, 2,798 sq ft, on 0.88-acre lot in West Allis, WI.; 15-year NNN lease with zero landlord obligations and 10% rent increases every 5 years.; Excellent visibility at a busy intersection near major retailers and Downtown Milwaukee.
