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Bank Ground Lease
For Sale
$4,040,000

5240 S 76th St, Greendale, WI 53129

New construction offers five-year rental increases within a major retail corridor.

Property Size4,255 SF
Price / SF$949.47
Days on Market148

Property Features for 5240 S 76th St

General Information

Standard status Active
Size 4,255 SF
Property subtype Bank

Site & Location

Traffic Count 32,400 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

New 2026 Construction Bank of America | Original 15-Year Ground Lease with Three, Five-Year Renewal Options.
Corporately Guaranteed by Bank of America, N.A.
Shadow Anchored by Southridge Mall, #1 Most Visited Super-Regional Mall in WI (7. 6 Million Annual Visits) | Southridge is Slated for Long-Term Mixed-Use Redevelopment.
Part of a Major Retail Corridor | Across the Street from Walmart Supercenter, Which Attracts 1.7 Million Annual Visitors (Placer.Ai).
Frontage Along S 76th Street, Which Sees 32,400 Vehicles Per Day | 1.1 Miles from Interstate 43/41, Which Sees 131,000 Vehicles Per Day.
8,718 People Live Within a Mile Radius and 94,149 People Live Within a Three-Mile Radius.
Average Household Income of $96,885 Within a Mile Radius.

Building Details

Building Size 4,255 SF
Tenancy Single
Listing Agency: Marcus & Millichap SWM Group
Listed By: Adrian Mendoza · License #License(s): IL: 475.147980
Source: Marcusmillichap
Added: Apr 24 Changed: Sep 15 Last Checked: Sep 18 at 3:53AM

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 Marcus & Millichap SWM Group

Investment Insights

Based on property information with market context.

This NNN ground lease features a 4,255-square-foot Bank of America prototype building completed in 2026. The lease includes 10 percent rental increases every five years, and Bank of America, N.A. carries an A+ credit rating from Standard & Poor’s.

The property is located at 5240 S 76th St in Greendale, Wisconsin, along a retail corridor with reported traffic of 32,400 vehicles per day. Interstate 43/41 provides immediate access, with 131,000 vehicles per day. Southridge Mall serves as a nearby shadow anchor and attracts 7.6 million annual visitors.

Within a three-mile radius, the area includes over 94,000 residents and 77,000 employees. Average household income exceeds $96,000 within one mile. Nearby retail users identified in the property information include Walmart Supercenter, Chick-fil-A, Starbucks, Raising Cane’s, and Sendik’s.

Key Highlights

  • 4,255‑square‑foot Bank of America prototype building completed in 2026
  • NNN ground lease with 10 percent rental increases every five years
  • Bank of America, N.A. holds an A+ Standard & Poor’s credit rating

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Pharmacy Auto Repair Shop 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

32,400 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

Demographics for 53129, WI

14,793
Population
6,046
Households
2.4
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
5.1 sq mi
ZIP Area
2,901
Density / Sq Mi
$95,412
Median Household Income
$55,956
Median Earnings
$1,177
Median Rent
$288,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - New construction offers five-year rental increases within a major retail corridor.
Where is this nnn property located?
The property is located at 5240 S 76th St Greendale, WI.
What is the asking price?
The asking price for this property is $4,040,000.
What are key features of this property?
This property features: 4,255‑square‑foot Bank of America prototype building completed in 2026; NNN ground lease with 10 percent rental increases every five years; Bank of America, N.A. holds an A+ Standard & Poor’s credit rating
More about this property
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