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Six-Tenant Shopping Center
For Sale
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Pending

5655 S 27th St, Milwaukee, WI 53221

Fully leased retail property with established commercial tenancy and multiple recently executed or extended leases.

Property SizeContact for details
Days on Market141

Property Features for 5655 S 27th St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE - Milwaukee
Listed By: Peter Glaser · License #WI50121-94
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:44AM

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 CBRE - Milwaukee

Investment Insights

Based on property information with market context.

Located at 5655 S 27th St in Milwaukee, Wisconsin, this retail center contains six units totaling 93,056 SF. The property was built in 1958 and renovated in 2006, with approximately 375 parking stalls serving the center. Occupancy is reported at 100%.

The property fronts S. 27th Street for 600 feet along a commercial corridor generating 27,000 VPD. Existing tenants include Ollie's Bargain Outlet, Halal Market, Empire Beauty School, NuNu's Hot Bargains, Holy Smoke, and La Gelati. Recently signed leases with Ollie's Bargain Outlet and Halal Market, together with an extended Empire Beauty School lease, account for 70% of the GLA.

Key Highlights

  • 93,056 SF retail center with six units on a 6‑acre site
  • 100% occupied and fully leased
  • 600' of frontage along S. 27th Street with 27,000 VPD

Property Analytics

Current Use

Empire Beauty School Vocational School

Suggested Use

Top Pick Real Estate Agency Hair Salon Kitchen & Bath Showroom Electrical 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

280
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53221, WI

39,560
Population
17,126
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
4,396
Density / Sq Mi
$61,640
Median Household Income
$41,430
Median Earnings
$1,071
Median Rent
$205,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail property with established commercial tenancy and multiple recently executed or extended leases.
Where is this shopping center located?
The property is located at 5655 S 27th St Milwaukee, WI.
What are key features of this property?
This property features: 93,056 SF retail center with six units on a 6‑acre site; 100% occupied and fully leased; 600' of frontage along S. 27th Street with 27,000 VPD
(414) 273-0880 Call to check price and availability
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