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Property profile

1468 84Th St West Allis, WI 53214

OFF-MARKET
Retail properties & Spaces
1,334 SF Built 2020
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Property summary

AI-generated overview

This exceptional Class A retail space, totaling 1,334 square feet, presents a unique investment opportunity within the thriving Element 84 apartment development in Milwaukee West, Wisconsin. Located just south of Greenfield Avenue on the east side of 84th Street, this property boasts a highly desirable location near the Hampton Inn and the Exposition Center at the Wisconsin State Fair, ensuring high visibility and foot traffic. Built in 2020, the property is part of a larger mixed-use development featuring two buildings and 203 occupied apartments, creating a built-in customer base. The entire 1,334 square feet is currently vacant and available for immediate occupancy, offering flexibility for a single or multi-tenant configuration. A tenant improvement allowance is negotiable beyond the existing white-box condition, allowing customization to suit specific business needs. The developer shows a preference for a full-service restaurant with a cocktail lounge, but other retail uses will be considered. A liquor license is available, adding significant value to the property. This is an exceptional chance to establish a thriving business in a vibrant and rapidly growing area. The property's strategic location, modern construction, and existing residential community make it an ideal choice for a discerning investor or business owner. Act quickly to secure this prime retail space and tailor it to your vision.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 1,334 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1468 84Th St West Allis, WI 53214
West Allis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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