Drug Store with Absolute NNN
For Sale
Contact for pricing
Pending
5929 W Lisbon Ave, Milwaukee, WI 53210
15,160-square-foot retail building under a Dollar General sublease with no landlord responsibilities.
Property Size15,160 SF
Days on Market142
Property Features for 5929 W Lisbon Ave
General Information
Standard status
Pending
Size
15,160 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
32,900 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:58PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 15,160-square-foot drug store property in Milwaukee was originally leased by CVS under a 25-year agreement executed in 2006. CVS ceased operations at the site in August 2023 and subleased the premises to Dollar General. The absolute NNN structure assigns zero landlord responsibilities, and more than 8 years remained on the initial lease term.
The property occupies a four-way intersection formed by West Lisbon Avenue, West Center Street, North 60th Street, and North 59th Street. Combined traffic counts exceed 32,900 vehicles per day. The site is less than four miles northwest of downtown Milwaukee and approximately three miles northeast of the Milwaukee Regional Medical Center. More than 194,000 residents live within a three-mile radius, while the five-mile population exceeds 482,000. Nearby national retailers include PNC Bank, Burger King, Boost Mobile, Family Dollar, and Taco Bell.
The property occupies a four-way intersection formed by West Lisbon Avenue, West Center Street, North 60th Street, and North 59th Street. Combined traffic counts exceed 32,900 vehicles per day. The site is less than four miles northwest of downtown Milwaukee and approximately three miles northeast of the Milwaukee Regional Medical Center. More than 194,000 residents live within a three-mile radius, while the five-mile population exceeds 482,000. Nearby national retailers include PNC Bank, Burger King, Boost Mobile, Family Dollar, and Taco Bell.
Key Highlights
- 15,160‑square‑foot drug store property
- Dollar General sublease began after CVS ceased operations in August 2023
- Absolute NNN lease with zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
32,900 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,252
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Milwaukee, WI
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Similar Off Market Nearby
- Cream City Soap Company LLC — 6927 W North Ave, Wauwatosa, WI 53213
- Xperience Pharmacy — 5715 W Appleton Ave, Milwaukee, WI 53210
- Ascension Rx - St. Joseph Pharmacy — Main Lobby, 5000 W Chambers St Room 1801, Milwaukee, WI 53210
- Maren A. Johnson, PharmD — 5000 W Chambers St, Milwaukee, WI 53210
- Jonathan Koehler — 5000 W Chambers St, Milwaukee, WI 532101650
Frequently Asked Questions
What type of property is this?
Drug store - 15,160-square-foot retail building under a Dollar General sublease with no landlord responsibilities.
Where is this drug store located?
The property is located at 5929 W Lisbon Ave Milwaukee, WI.
What are key features of this property?
This property features: 15,160‑square‑foot drug store property; Dollar General sublease began after CVS ceased operations in August 2023; Absolute NNN lease with zero landlord responsibilities
