11015 W Oklahoma Ave West Allis, WI 53227
Condo unit leased to USPS with redevelopment potential.
Type:Retail
Property size:
8,732 SF- Added:
- Mar 7, 2026
- Days on Market:
- 46
- Last Refresh:
- Mar 7 at 7:10 pm
Property Features for 11015 W Oklahoma Ave
General Information
- Standard status
- Active
- Size
- 8,732 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing agent Dan Rosenfeld License #55452
Listing office Mid America Real Estate Milwaukee (414) 390-1402
Listing date Mar 7, 2026
Source Midamericagrp
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mid America Real Estate Milwaukee
Overview
USPS Investment Opportunity in West Allis
This investment opportunity is located at 11015 W Oklahoma Ave in West Allis, WI. The property features an 8,732 square foot condo unit within a retail strip anchored by Ace Hardware. The location is 100% occupied by the United States Postal Service (USPS). The property benefits from its mission-critical government tenant and co-tenancy with a high-traffic Ace Hardware, which attracts over 235,000 annual visits. The site has visibility along Oklahoma Avenue, with a traffic count of 13,500 vehicles per day. The lease includes a five-year renewal option at market rent. If USPS vacates, the 8,732 square foot space presents an opportunity for a service-based, medical, or retail replacement tenant. The property is located just east of S 108th Street (WI-100), which sees 27,500 vehicles per day, and minutes from U.S. Highway 41/I-894, a major regional artery with over 127,000 vehicles per day.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- West Allis
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0505595
- Latitude
- 42.9870768
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Condo unit leased to USPS with redevelopment potential.
Where is this storefront property located?
The property is located at 11015 W Oklahoma Ave West Allis, WI.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Solid 6.77% Cap Rate and $104,785 Year 1 NOI: Provides a strong immediate return on investment.; Mission‑Critical Government Tenant (USPS): Offers stable, reliable income stream.; Strong Co‑Tenancy with High‑Traffic Ace Hardware: Benefits from over 235,000 annual visits, enhancing visibility.
