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2678 South 108th Street West Allis, WI 53227

Sponsored
For Sale
$3,921,569

West Allis, WI: Prime Bank Location

Property size:
2,798 SF

Description

Added:
Jan 27, 2025
Days on Market:
345
This exceptional investment opportunity presents a newly constructed, 2,798 square foot Chase Bank located in West Allis, Wisconsin. The property sits on a 0.88-acre lot at a high-traffic intersection of Highway 100 (27,000 VPD) and Cleveland Ave, providing excellent visibility and access to Interstate 41 (157,000 VPD). A brand new 15-year triple-net (NNN) lease with zero landlord obligations is in place, featuring 10% rent increases every five years and three five-year renewal options. The strategic location is adjacent to West Allis Center, a 232,57 square foot shopping center, and a renovated Target store, drawing over 3.5 million annual visitors. Benefitting from strong demographics—259,840 residents, 112,418 households, and an $87,414 average household income within a 5-mile radius—this location is also conveniently situated 7 miles from Downtown Milwaukee (population exceeding 560,000). The property enjoys proximity to numerous national retailers, including Walgreens, OfficeMax, Burger King, Chick-fil-A, Panda Express, Starbucks, Marshalls & HomeGoods, Kohl's, and Piggly Wiggly. This is a rare opportunity to acquire a high-performing asset in a thriving, densely populated area with significant traffic counts and strong tenant occupancy. The asking price is $3,921,569.

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

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.
Location Intelligence

Current Use by Public Records

Chase Bank Bank Chase ATM Atm

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
West Allis
State
Wisconsin
Longitude
-88.046472
Latitude
42.995681

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.
More about this property
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