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Divisible Retail Space
For Lease
$7,420/Mo

6204 W Silver Spring Dr, Milwaukee, WI 53218

Two separate commercial spaces can be leased separately or together along W Silver Spring Drive.

Space Size1,484 SF - 4,452 SF
Days on Market140

Property Features for 6204 W Silver Spring Dr

General Information

Standard status Active
Size 1,484 SF - 4,452 SF
Net Rentable 1,484 SF
Total Parking Spaces 24
Zoning Commercial

Site & Location

Neighborhood Silver Spring

Additional Details

Available Space 1,484-4,452 SF

Taxes and HOA fees

Annual Taxes $12,290

Building Details

Building Size 4,453 SF
Tenancy Multi
Listing Agency: Deb DeFere Real Estate LLC
Listed By: Deb DeFere
Source: Defererealestate
Added: Jun 9 Changed: Oct 24 Last Checked: Oct 24 at 2:58PM

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 Deb DeFere Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This vacant retail property is arranged as two separate spaces, with the option to lease each individually or combine them. The prior use was grocery retail, and the property is zoned Commercial.

Located at 6204 W Silver Spring Dr in Milwaukee, the space is offered for lease.

Key Highlights

  • Two spaces available separately or as a combined rental
  • Previously used for grocery retail
  • Commercial zoning

Property Analytics

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Open Analytics

Current Use

Tasty Foods Food Market Asian Market Grocery ... (Bike/Boat/Book/etc) Store Wecare 1 Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Building Supply Gym & Fitness 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Milwaukee, WI

$14 /SF/Yr
Avg Asking Price
$3.2–$24.11 /SF/Yr
Price Range
5,525 SF
Avg Space Size

This space is priced 43% above the average of $14 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Two separate commercial spaces can be leased separately or together along W Silver Spring Drive.
Where is this retail space located?
The property is located at 6204 W Silver Spring Dr Milwaukee, WI.
What is the lease rate?
The lease rate is $7,420/Mo.
What are key features of this property?
This property features: Two spaces available separately or as a combined rental; Previously used for grocery retail; Commercial zoning
More about this property
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