5929 Lisbon Ave, Milwaukee, WI 53210-2267
This exceptional investment opportunity presents a 15,160 square foot retail property currently subleased to Dollar General, a credit-rated tenant with a corporate guarantee. Located at 5929 W Lisbon Ave, Milwaukee, WI 53210, this absolute NNN net lease boasts a strong remaining lease term of 7.2 years (expiring 01/31/2032), generating a substantial NOI of $216,200 and a 7.25% cap rate. The property, built in 1996 and situated on a 1.12-acre lot, benefits from high visibility and accessibility along major traffic arteries, with combined daily traffic counts exceeding 32,900 vehicles. The strategic location, less than four miles from downtown Milwaukee, is surrounded by a densely populated area, boasting over 194,000 residents within a three-mile radius and over 482,000 within five miles. Proximity to the Milwaukee Regional Medical Center further enhances the property's value. The asking price is $2,982,066, translating to $196.71 per square foot. National retailers such as PNC Bank, Burger King, and Family Dollar are located nearby, solidifying the area's strong retail presence. This is a rare opportunity to acquire a stable, high-performing retail investment with a long-term lease and significant upside potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
LB2 · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
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.