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    Swc Of Drexel Ave And Main St Oak Creek, WI 53154

    For Lease
    Contact for pricing

    Prime Oak Creek retail space, multiple units available.

    Lot size:
    10,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity in Oak Creek, Wisconsin, presents two buildings totaling 10,950 square feet of brand-new construction on a 1.45-acre lot. Located at the southwest corner of Drexel Avenue and Main Street (53154), this property offers multiple end-cap spaces with patio options, ideal for a variety of retail businesses. Building A features three available units ranging from 2,000 to 6,050 contiguous square feet, providing flexibility for various tenant needs. Building B comprises 4,900 square feet. The entire 10,950 square feet is currently vacant and available. This development benefits from a strong shadow anchor: a 192,000-square-foot Meijer store. The property is situated in Milwaukee County and represents the last remaining development parcel in this desirable location. A ground lease is available at an annual rate of $95,000. This is a unique chance to establish a presence in a thriving retail center with excellent visibility and accessibility. The minimum divisible space is 2,000 square feet, while the maximum contiguous space available is 6,050 square feet.

    Property Features for 0 Swc Of Drexel Ave And Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,950 SF

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Building A
    Size
    6,050 SF
    Space
    Building B
    Size
    4,900 SF

    HighLights

    • 1.45‑acre development site, last remaining parcel available.
    • Ground lease available at $95,000 annually.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.913867
    Latitude
    42.8643354

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    FAQs

    What type of property is this?
    Retail property - Prime Oak Creek retail space, multiple units available.
    Where is this retail property located?
    The property is located at Swc Of Drexel Ave And Main St Oak Creek, WI.
    What are key features of this property?
    This property features: 1.45-acre development site, last remaining parcel available.; Ground lease available at $95,000 annually.;
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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
    Swc Of Drexel Ave And Main St Oak Creek, WI 53154
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