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O'Reilly Auto Parts Retail Space
For Sale
$1,732,000

3405 W Fond du Lac Ave, Milwaukee, WI 53210

Retail space offered for sale on West Fond Du Lac Avenue in Milwaukee.

Property Size6,500 SF
Price / SF$266.46
Days on Market137
Rey
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Property Features for 3405 W Fond du Lac Ave

General Information

Standard status Active
Size 6,500 SF
Property subtype Auto Parts
Lease Type NN

Amenities

Double Net-Lease Through December 2034 with 7 Percent Increases Every Five Years
Tenant Responsible for Parking Lot, HVACs, Taxes, CAM and Insurance
Built-to-Suit in 2020
Corporate Guarantee from O'Reilly Automotive, Inc.: Over 6,500 Stores with Plans to Add 225–235 More in 2026
Hard Corner Visibility with 35,000+ Vehicles per Day on W Fond Du Lac Ave and N 35th St
Ranked in the Top 30 Percent of O'Reilly Auto Parts in Wisconsin, per Placer.ai (More Info on Page 10)
Over 486,000 Residents within Five Miles

Building Details

Building Size 6,500 SF
Listing Agency: Marcus & Millichap - Milwaukee
Listed By: Jeff Rowlett · License #License(s): WI: 74743-94, IL: 471.016866
Source: Marcusmillichap
Added: Jun 1 Changed: Oct 7 Last Checked: Oct 14 at 7:46PM

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 - Milwaukee

Investment Insights

Based on property information with market context.

Retail space offered for sale at 3405 W Fond Du Lac Ave in Milwaukee, Wisconsin. The property is identified as O'Reilly Auto Parts and carries a retail-space classification.

Key Highlights

  • O'Reilly Auto Parts retail property
  • For‑sale retail space
  • 3405 W Fond Du Lac Ave, Milwaukee, WI 53210

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,182
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,363,640 $1.4M
Cap Rate 7%
$974,029 $974.0K
Cap Rate 9%
$757,578 $757.6K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$105.3K $16.20/SF
− Vacancy
−$7.9K −$1.22/SF
EGI
$97.4K $14.99/SF
− OpEx
−$29.2K −$4.50/SF
NOI
$68.2K $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%
$1,363,640
Cap Rate 7%
$974,029
Cap Rate 9%
$757,578

Alternative Uses

Best Use
Retail
$974.0K
$852.3K – $1.14M (±1% cap)
NOI $68,182 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,340 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

Demographics for 53210, WI

25,588
Population
11,005
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
9,842
Density / Sq Mi
$45,268
Median Household Income
$35,797
Median Earnings
$1,044
Median Rent
$153,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space offered for sale on West Fond Du Lac Avenue in Milwaukee.
Where is this retail space located?
The property is located at 3405 W Fond du Lac Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,732,000.
What are key features of this property?
This property features: O'Reilly Auto Parts retail property; For‑sale retail space; 3405 W Fond Du Lac Ave, Milwaukee, WI 53210
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