0 Howell Ave & Drexel Ave Oak Creek, WI 53154
This exceptional retail opportunity is located within Drexel Town Square, Oak Creek's vibrant new mixed-use development situated at the corner of Drexel and Howell Avenues. This dynamic community boasts a thriving "Main Street" atmosphere, featuring a new City Hall and library, creating a bustling town square environment. The property offers a single available space totaling 5,052 square feet, ideal for a variety of retail or restaurant concepts. The development is anchored by a significant 192,000 square foot Meijer store, ensuring high foot traffic and visibility. In addition to the retail component, Drexel Town Square includes over 43,000 square feet of existing retail space and a substantial residential component, with 229 luxury units currently occupied and an additional 240 units slated to open this year. This creates a built-in customer base and a strong sense of community. The overall development encompasses 33,544 square feet of retail space, with a minimum divisible unit size of 5,052 square feet. This prime location offers unparalleled access to a large and growing residential population, making it an exceptional investment opportunity for businesses seeking a high-traffic, amenity-rich environment. The property is located in Milwaukee County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.