Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5800 Prt Washington Rd Glendale, WI 53217

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic retail center; flexible spaces available.

    Lot size:
    522,000 SF

    Property Features for 5800 Prt Washington Rd

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    522,000 SF

    Spaces For Lease

    at 5800 Prt Washington Rd, Glendale, WI 53217 Contact us

    We can help!

    Listing Contact
    Mike Fitzgerald
    Mike Fitzgerald

    Listing Agency: Mid America Real Estate Milwaukee Listing Agent: Mike Fitzgerald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail opportunity in Milwaukee County's Bayshore development offers unparalleled visibility and access. The property boasts over 522,000 square feet of retail space within a thriving 52-acre complex, currently home to more than 50 tenants. Two spaces are immediately available, ranging from a minimum of 2,000 square feet to a maximum contiguous space of 10,000 square feet, providing flexibility for a variety of retail concepts. The center enjoys exceptional foot traffic, attracting over 17 million visitors annually. Its strategic location provides convenient access to I-43, ensuring ease of access for customers and employees alike. Ample parking is available with over 4,100 well-positioned spaces throughout the development. The property is situated adjacent to the most affluent area within the Milwaukee Metropolitan Statistical Area (MSA), guaranteeing a strong customer base with high purchasing power. This is a rare chance to secure a prominent retail presence in a high-demand location with exceptional visibility and accessibility. The existing tenant mix provides a diverse and complementary retail environment. Contact us today to learn more about this exciting opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9140461
    Latitude
    43.1229981

    Nearby Similar for Lease

    • Contact for pricing

      Bayshore Town Center

      Workspaces, services and support to help you work better in Shelton
      500 Silver Spring Dr, Glendale, WI 53217
      View Details
    • $19 SF/Yr
      671 SF

      Glendale Office Space For Rent

      Office space with flexible floor plans and ample parking.
      7161 N Prt Washington Rd, Glendale, WI
      View Details
    • $24 SF/Yr
      20,515 SF

      Redevelopment Opportunity in Bayshore

      Retail and dining spaces available in a redeveloping open-air center.
      400-500 W Silver Spring Dr, Glendale, WI 53217
      View Details
    • $13 SF/Yr
      8,828 SF

      Glendale Office Space For Rent

      Move-in ready office space with Class A finishes and parking.
      6980 N Prt Washington Rd, Glendale, WI
      View Details
    • $19 SF/Yr
      1,245 SF

      Glendale Office Space Available

      Office space for rent with excellent highway access and visibility.
      5150 N Prt Washington Rd, Glendale, WI
      View Details
    • $15 SF/Yr
      3,576 SF

      Historical Office Space For Rent

      Historically maintained office space in Milwaukee's North Shore neighborhood.
      4650 N Prt Washington Rd, Glendale, WI
      View Details
    • Contact for pricing
      1,459 SF

      Retail Space in Milwaukee's North Shore

      Prime retail location with access and signage opportunities.
      6801-6823 N Green Bay Ave, Glendale, WI 53209
      View Details
    • $28 SF/Yr
      1,544 SF

      Retail Space in High-Traffic Center

      Inline retail space available for sublease in Glendale, Wisconsin.
      5312-5336 N Prt Washington Rd, Glendale, WI
      View Details
    • $24 SF/Yr
      29,090 SF

      Redeveloped Bayshore Retail and Dining

      Redevelopment includes retail, dining, housing, and community activation.
      401-555 W Northshore Dr, Glendale, WI
      View Details
    • $15 SF/Yr
      11,000 SF

      Loft-Style Office Space Available

      Functional office space with direct elevator access and natural light.
      4425 N Prt Washington Rd, Glendale, WI
      View Details
    • Contact for pricing
      244 SF

      Glendale Office Park Co-working Space

      Newly renovated co-working space in Glendale, short-term leases available.
      5215 N Ironwood Rd, Glendale, WI 53217
      View Details
    • Contact for pricing
      3,000 SF

      Versatile Space in Glendale, Wisconsin

      Adaptable space for warehouse, manufacturing, office, and service uses.
      1720-1740 W Florist Ave, Glendale, WI 53209
      View Details

    FAQs

    What type of property is this?
    Power center - High-traffic retail center; flexible spaces available.
    Where is this power center located?
    The property is located at 5800 Prt Washington Rd Glendale, WI.
    What are key features of this property?
    This property features: Retail property totaling 522,000 square feet.; Two retail spaces available, ranging from 2,000 to 10,000 square feet.; Over 17 million annual visitors.
    (262) 613-3888 Call to check price and availability
    Request Owner's contact information
    5800 Prt Washington Rd Glendale, WI 53217
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5800 Prt Washington Rd
    Glendale, WI 53217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5800 Prt Washington Rd Glendale, WI 53217
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Fitzgerald
    Mike Fitzgerald
    Real Estate License ID: 5555294
    (262) 613-3888
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!