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High-Bay Warehouse with Loading
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3832 N 3rd St, Milwaukee, WI 53212

Flexible industrial sublease with dock access, drive-in loading, private parking, and potential food-grade use.

Space Size20,000 SF - 98,000 SF
Days on Market717

Property Features for 3832 N 3rd St

General Information

Standard status Active
Size 20,000 SF - 98,000 SF
Net Rentable 20,000 SF
Total Parking Spaces 10
Zoning IL-2
Lease Type Modified Gross

Space & Availability

Available Space 20,000-98,000 SF
Space Use Warehouse
Sublease Yes

Lease Terms

Lease Rate $4.50 /USD/SF/YR
Monthly Rent $5,833-$36,750
Rent per SF/Year $3.50-$4.50
Flexible Term Yes

Warehouse & Industrial

Clear Height 28 ft
Dock-High Doors 4
Drive-In Doors 1
Voltage 480 V
Three-Phase Power Yes
Heavy Power Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $87,663

Amenities

3PL services

Building Details

Building Size 98,000 SF
Year Built 1999
Listing Agency: Paradigm Real Estate
Listed By: Brian Parrish
Source: Therealtycompanyllc
Added: Aug 27, 2024 Changed: Aug 8 Last Checked: Aug 12 at 12:15PM

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 Paradigm Real Estate

Investment Insights

Based on property information with market context.

This industrial warehouse sublease offers 20,000–98,000 SF of space in a clean, high-bay configuration. Approximately three-quarters of the space provides 28-foot clear height, with four dock doors equipped with levelers and one drive-in door. Additional features include a wet sprinkler system, skylights, private parking, and heavy 3-phase/480V power noted as TBV. Racking may be available by negotiation, and food-grade use is possible. The property was built in 1999 and carries IL-2 zoning.

Located at 3832 N 3rd St in Milwaukee’s Riverwest neighborhood, the warehouse provides access to major transportation routes within a central Milwaukee setting. Flexible lease terms are available, with optional 3PL services. The lease structure is modified gross.

Key Highlights

  • 20,000–98,000 SF of warehouse space available for sublease
  • 28' clear height across 3/4 of the space
  • 4 dock doors with levelers plus 1 drive‑in door

Property Analytics

Current Use

US Corrugated Inc Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28 ft
Clear height
4
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53212, WI

28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
Median Home Value

Market

Lease Benchmarks for Milwaukee, WI

$6.32 /SF/Yr
Avg Asking Price
$3–$12 /SF/Yr
Price Range
52,727 SF
Avg Space Size

This space is priced 37% below the average of $6.32 /SF/Yr.

Vacancy Rate% for Industrial in Milwaukee, WI

4.3% 2019
4.7% 2020
3.1% 2021
2.3% 2022
3.1% 2023
3.7% 2024
4.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Flexible industrial sublease with dock access, drive-in loading, private parking, and potential food-grade use.
Where is this warehouse located?
The property is located at 3832 N 3rd St Milwaukee, WI.
What are key features of this property?
This property features: 20,000–98,000 SF of warehouse space available for sublease; 28' clear height across 3/4 of the space; 4 dock doors with levelers plus 1 drive‑in door
More about this property
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