Four-Tenant Neighborhood Retail
For Sale
Contact for pricing
Pending
W156N5530 Pilgrim Rd, Menomonee Falls, WI 53051
Four-tenant neighborhood retail center offered for sale with a tenant mix that reportedly paid rent in full and on time through COVID-19.
Property SizeContact for details
Days on Market123
Property Features for W156N5530 Pilgrim Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
NYLA Group LLC
Listed By:
Tommy Thomsen · License #WI 89549-94
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 4:16PM
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 NYLA Group LLC
Investment Insights
Based on property information with market context.
Pilgrim Commons is a four-tenant neighborhood retail center being offered for sale by Nyla Group, LLC. The property is positioned for incoming investors seeking a retail shopping center configuration with an operating tenant mix.
The seller states that tenants have continually paid rent in full and on time through the COVID-19 crisis. The offering is also presented as significantly below replacement cost for a comparable property, with the goal of supporting leasing over time.
The property is located at W156N5530 Pilgrim Rd in Menomonee Falls, Wisconsin.
The seller states that tenants have continually paid rent in full and on time through the COVID-19 crisis. The offering is also presented as significantly below replacement cost for a comparable property, with the goal of supporting leasing over time.
The property is located at W156N5530 Pilgrim Rd in Menomonee Falls, Wisconsin.
Key Highlights
- Four‑tenant neighborhood retail center offered for sale
- Tenant mix reportedly paid rent in full and on time through the COVID‑19 crisis
- Neighborhood retail center with a healthy tenant mix, per provided remarks
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 87%
Shops & Services 11%
Beauty & Spa 3%
McDonald's
Dining
12,545 visits/mo
0.1 miles
Dunkin' Donuts
Dining
5,128 visits/mo
0.2 miles
Cousins Subs
Dining
2,340 visits/mo
0.0 miles
Associated Bank
Shops & Services
1,952 visits/mo
0.1 miles
Jimmy John's
Dining
1,738 visits/mo
0.2 miles
Demographics for 53051, WI
38,562
Population
16,972
Households
2.3
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
33.3 sq mi
ZIP Area
1,158
Density / Sq Mi
$98,423
Median Household Income
$60,331
Median Earnings
$1,257
Median Rent
$341,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Four-tenant neighborhood retail center offered for sale with a tenant mix that reportedly paid rent in full and on time through COVID-19.
Where is this shopping center located?
The property is located at W156N5530 Pilgrim Rd Menomonee Falls, WI.
What are key features of this property?
This property features: Four‑tenant neighborhood retail center offered for sale; Tenant mix reportedly paid rent in full and on time through the COVID‑19 crisis; Neighborhood retail center with a healthy tenant mix, per provided remarks
