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    550 Grange Ave Milwaukee, WI 53207

    Sponsored
    For Lease
    $5 SF/Yr

    High-profile Milwaukee retail space available.

    Lot size:
    160,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Airport Commerce Center, a Class A power center located at 550 W Grange Ave in Milwaukee, Wisconsin, presents a unique opportunity for a large-scale retail tenant. This expansive property boasts a total of 160,800 square feet of retail space, currently entirely vacant and available for immediate occupancy. The minimum divisible space is 80,000 square feet, while the maximum contiguous space available is the entire 160,800 square feet, offering flexibility for various retail concepts. The property is situated in Milwaukee County, Wisconsin, with a convenient zip code of 53207. Ample parking is provided with 336 car parking stalls. The building is equipped with robust 480V 3-Phase power, ensuring sufficient capacity for demanding retail operations. This prime location offers exceptional visibility and accessibility, making it an ideal choice for businesses seeking a significant presence in the Milwaukee market. The property's size and features make it suitable for a variety of retail uses, from big-box stores to multi-tenant developments. Interested parties should act quickly to secure this exceptional retail opportunity.

    Property Features for 550 Grange Ave

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,800 SF
    Class
    A
    Total Rate
    77050

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    160,800 SF
    Rate per SF
    $5

    HighLights

    • Class A new construction industrial building.
    • Excellent visibility and convenient access to Milwaukee Mitchell International Airport.
    • Easy access to I‑94, connecting to the Wisconsin/Illinois border and downtown Milwaukee.
    • 160,800 square foot building.
    • Precast concrete construction.
    • 28‑foot clear height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Milwaukee Lyft Flexdrive Car Rental Agency Milwaukee, WI - Lyft Transportation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9188934
    Latitude
    42.9459158

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    FAQs

    What type of property is this?
    Power center - High-profile Milwaukee retail space available.
    Where is this power center located?
    The property is located at 550 Grange Ave Milwaukee, WI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Class A new construction industrial building.; Excellent visibility and convenient access to Milwaukee Mitchell International Airport.; Easy access to I-94, connecting to the Wisconsin/Illinois border and downtown Milwaukee.
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    Realmo Value Estimation

    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.

    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.

    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
    550 Grange Ave Milwaukee, WI 53207
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