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Warehouse and Office Space Available
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5140 S 3rd St, Milwaukee, WI 53207

Warehouse and office spaces available near I-94 and the airport.

Space Size2,400 SF - 9,600 SF
Property Size16,800 SF
Days on Market1377

Property Features for 5140 S 3rd St

General Information

Standard status Active
Size 2,400 SF - 9,600 SF
Total Parking Spaces 33
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 16,800 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 5140 S 3rd St Contact us

5140 S. 3rd St

Size
2,400 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

5144 S 3rd St

Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

Unit B

Size
9,600 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Colliers - Milwaukee, Wisconsin
Listed By: Brett Garceau · License #WI 71433
Source: Crexi
Added: Nov 22, 2022 Changed: Aug 26 Last Checked: Aug 28 at 9:24PM

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 Colliers - Milwaukee, Wisconsin

Investment Insights

Based on property information with market context.

Available for lease are warehouse and office spaces. The warehouse space, located at 5144 S. 3rd St, offers approximately 4,800 square feet. Additionally, there is an office space available on the second floor of 5140 S. 3rd St, encompassing approximately 2,400 square feet. The property is located 2 miles from the I-94 and 894 on-ramp and 1 mile from General Mitchell International Airport.

Key Highlights

  • +/- 4,800 SF available warehouse space at 5144 S. 3rd St
  • +/- 2,400 SF office space available on the second floor at 5140 S. 3rd St
  • Convenient location: 2 miles from I‑94 & 894 on‑ramp

Property Analytics

Current Use

Weekend Warrior Dumpster ... Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Nail Salon HVAC Service Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$0.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53207, WI

34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value

Market

Lease Benchmarks for Milwaukee, WI

$6.2 /SF/Yr
Avg Asking Price
$3–$12 /SF/Yr
Price Range
50,219 SF
Avg Space Size

This space is priced 7% below the average of $6.2 /SF/Yr.

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and office spaces available near I-94 and the airport.
Where is this warehouse located?
The property is located at 5140 S 3rd St Milwaukee, WI.
What is the lease rate?
The lease rate is $5.75 SF/Yr.
What are key features of this property?
This property features: +/- 4,800 SF available warehouse space at 5144 S. 3rd St; +/- 2,400 SF office space available on the second floor at 5140 S. 3rd St; Convenient location: 2 miles from I‑94 & 894 on‑ramp
(414) 982-6581 Call to check price and availability
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