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    FOR LEASE
    Drug stores

    5201 N 91St St, Milwaukee, WI 53225

    13,905 SF 1.42 ac lot Built 1997
    Individually Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US92-1285940
    Property summary
    AI-generated overview

    This exceptional 13,906-square-foot retail space is available for lease at 5201 N 91st St, Milwaukee, Wisconsin, 53225. Located in Milwaukee County, this single-tenant property offers a significant opportunity for businesses seeking a substantial footprint. The building boasts ample parking with 74 spaces, ensuring convenient access for customers and employees. The entire building is currently vacant, presenting a blank canvas for a prospective tenant to customize the space to their specific needs and brand identity. The property's size and prominent location within Milwaukee offer excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property type is classified as commercial retail, suitable for a wide range of uses. This is a unique opportunity to secure a large, well-located retail space in a thriving Milwaukee market. The property is situated at 43.1119771 latitude and -88.0266706 longitude, providing easy access to major transportation routes and local amenities. With its substantial square footage and ample parking, this property is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers. The property is classified as a single-tenant building, providing a unique opportunity for a business seeking a dedicated and expansive space.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 1997
    Total area 13,905 SF
    Lot 1.42 ac (61,855 SF)
    Zoning code LB1
    APN 215-9989-113
    UPID US92-1285940
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Walgreens Photo (Bike/Boat/Book/etc) Store
    • Joseph W. Oxencis, PharmD Pharmacy
    • Lile Gregory M Pharmacy
    • Walgreens Pharmacy Pharmacy
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.25M
    Comparable Approach Comparable
    $2.56M
    Blend (final) Blend
    $2.16M
    Owner & transaction history
    Wg Dst 4 · 11 yrs held
    Wg Dst 4
    since 2015
    2 recorded transactions
    2015
    $5.7M
    2006
    Zoning & alternative use
    LB1 · Milwaukee, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $2.4M +60.5%
    Restaurant $1.8M +18.2%
    Auto repair, garage $1.7M +10.8%
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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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