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Bank Ground Lease
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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 Market145

Property Features for 5240 S 76th St

General Information

Standard status Active
Size 4,255 SF
Total Parking Spaces 36
Property subtype Retail
Occupancy 100%
Lease Type Net
Investment Type Net Lease
Net Operating Income $202,000

Site & Location

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

Building Details

Year Built 2026
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap SWM Group
Listed By: Adrian Mendoza · License #IL 475.147980
Source: Crexi
Added: Apr 9 Changed: Aug 31 Last Checked: Aug 31 at 3:29AM

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 Storage Facility

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
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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