Retail Building with Drive-Through
1425 W Burnham Street, Milwaukee, WI 53204
For Sale
New
Contact for pricing
NS2-zoned, single-story space has a white-box interior for tenant buildout and surface parking.
Property Size6,000 SF
Lot Size0.48 Acres
Price / SF$166.67
Days on Market7
Property Features for 1425 W Burnham Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Listing Agency:
Cushman & Wakefield | Boerke
Listed By:
Javaughn Porter · License WI 94719-94
(414) 902-3350
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 5:24PM
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 Cushman & Wakefield | Boerke
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,000 SF retail building occupies a 0.48-acre site in Milwaukee. Constructed in 2007, the single-story property has a white-box interior prepared for tenant buildout and 18 surface parking stalls. A drive-through may be possible, subject to city approval.
The property is one mile from access to I-43 and I-94. Nearby retail businesses include El Rey Grocery, Advanced Auto Parts, and McDonalds. The site is zoned NS2 and was previously occupied by NAPA Auto Parts.
The property is one mile from access to I-43 and I-94. Nearby retail businesses include El Rey Grocery, Advanced Auto Parts, and McDonalds. The site is zoned NS2 and was previously occupied by NAPA Auto Parts.
Key Highlights
- 6,000 SF retail building on a 0.48‑acre site
- NS2 zoning; drive‑through potential subject to city approval
- White‑box interior suited to tenant buildout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,937
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,740
$1.3M
Cap Rate 7%
$899,100
$899.1K
Cap Rate 9%
$699,300
$699.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$97.2K $16.20/SF
− Vacancy
−$7.3K −$1.22/SF
EGI
$89.9K $14.99/SF
− OpEx
−$27.0K −$4.50/SF
NOI
$62.9K $10.49/SF
Area
Milwaukee, WI
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,740
Cap Rate 7%
$899,100
Cap Rate 9%
$699,300
Alternative Uses
Best Use
Retail
$899.1K
$786.7K – $1.05M
NOI $62,937 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,930 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Explore this area
Business Placement
Demographics for 53204, WI
39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value
Market
Average Price Trend$/SF for Retail space in Milwaukee, WI
Properties on Market for Retail space in Milwaukee
Vacancy Rate% for Retail in Milwaukee, WI
Frequently Asked Questions
What type of property is this?
Retail space - NS2-zoned, single-story space has a white-box interior for tenant buildout and surface parking.
Where is this retail space located?
The property is located at 1425 W Burnham Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6,000 SF retail building on a 0.48‑acre site; NS2 zoning; drive‑through potential subject to city approval; White‑box interior suited to tenant buildout
