Property profile

3575 N Oakland Ave Shorewood, WI 53211

FOR LEASE
Retail properties & Spaces
Property ID
US92-0397800
51,967 SF Built 1962
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Property summary

AI-generated overview

The Sheridan, a striking five-story building in Shorewood's UWM area, offers exceptional creative office and retail space. This Class B property, originally built in 1962 and extensively renovated in 2009, boasts 51,967 square feet of total space, with three available units ranging from 372 to 1,346 contiguous square feet. The building features a total of five suites, currently with 1,718 square feet vacant. Located on Oakland Avenue, near Menlo Boulevard, its mixed-use zoning provides flexibility for various businesses. The convenient location offers easy access to amenities, making it ideal for a variety of uses. The building includes 29 off-street parking spaces, ensuring ample parking for clients and employees. Accessibility features include handicap access. The interior features updated flooring, lighting, and paint. The building also includes elevators for convenient access to all five floors. The first floor offers street-level retail/office space, while the upper four floors house 44 apartments. This property presents a unique opportunity to establish a presence in a thriving Shorewood neighborhood. The minimum divisible space is 372 square feet. Milwaukee County location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1962
Total area 51,967 SF
UPID US92-0397800

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon

Location

3575 N Oakland Ave Shorewood, WI 53211
Shorewood metro
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Value estimations

Realmo proprietary · 4 methods
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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