Redeveloped Retail Center For
For Lease
$18 SF/Yr NNN
5821 West Silver Spring Drive, Milwaukee, WI 53218
Retail space available in a newly redeveloped shopping center.
Space Size1,260 SF
Days on Market281
Property Features for 5821 West Silver Spring Drive
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Retail
Spaces For Lease
at 5821 West Silver Spring Drive Contact us- Size
- 1,260 SF
- Availability
- Available
1,260 SF Inline
Listing Agency:
CBRE, Inc.
(414) 274-1644
Listed By:
Devin Tessmer
(414) 274-1644
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 25
Last Checked: Aug 29 at 6:35AM
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, Inc.
Investment Insights
Based on property information with market context.
This newly redeveloped retail center is located on the corner of Silver Spring Drive and N. 60th Street, a high-traffic, lighted intersection with easy access. The center is situated directly across from the Westlawn Housing Development, which, upon revitalization, will consist of 958 units. The center size is 20,137 square feet, with available inline space of 1,260 square feet. The rental rate is $18.00 per square foot NNN, with NNN expenses at $6.27 per square foot.
Key Highlights
- Prominent, high‑traffic corner location at Silver Spring Drive & N. 60th Street.
- Located directly across from the Westlawn Housing Development (958 units upon completion).
- Newly redeveloped retail center.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53218, WI
38,488
Population
15,971
Households
2.4
Avg Household Size
31
Median Age
10%
College-Educated
83%
High-School Grad
5.9 sq mi
ZIP Area
6,523
Density / Sq Mi
$42,207
Median Household Income
$33,622
Median Earnings
$1,034
Median Rent
$122,200
Median Home Value
Market
Lease Benchmarks for Milwaukee, WI
$11.59 /SF/Yr
Avg Asking Price
$5.94–$18 /SF/Yr
Price Range
19,525 SF
Avg Space Size
This space is priced 55% above the average of $11.59 /SF/Yr.
Vacancy Rate% for Retail in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space available in a newly redeveloped shopping center.
Where is this shopping center located?
The property is located at 5821 West Silver Spring Drive Milwaukee, WI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prominent, high‑traffic corner location at Silver Spring Drive & N. 60th Street.; Located directly across from the Westlawn Housing Development (958 units upon completion).; Newly redeveloped retail center.
