Property summary
This exceptional retail property, located at 4777 S 27th St in Greenfield, Wisconsin (zip code 53221), offers a substantial 113,747 square feet of space. The property is currently configured as a big-box retail center and features a significant existing lease with a prominent tenant. A portion of the space (10,000 square feet) is currently occupied by a Dollar Tree store under a separate lease agreement. The remaining space was previously occupied by a Festival Foods grocery store, which opened in 2021 following a complete remodel. The property's ownership is open to various transaction structures, including a sale of the entire property, a lease of the entire property, or a lease of the former Festival Foods space as a single-tenant occupancy. The substantial existing lease on the former Festival Foods space presents a unique opportunity for investors and tenants alike. This high-visibility location in Milwaukee County offers excellent access and high traffic volume, making it an ideal location for a variety of retail businesses. The property's size and configuration provide ample space for a wide range of retail uses. Serious inquiries are encouraged to explore the various options available for this prime retail opportunity. The property is situated at latitude 42.95710521559431 and longitude -87.9511540864163.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
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Cafe & Coffee Shop
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Department Store
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Pharmacy
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Courier Service Postal Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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