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2911 N Oakland Ave 6,501 SF 100% Leased Retail Building Milwaukee, WI 53211 $1,466,000 ($225.50/SF) 8.15% Cap Rate
INVESTMENT HIGHLIGHTS
- The building has a 4.5 year WALT.
- Diverse tenant mix with both NNN leases leading to limited landlord responsibility.
- High trafficked area with 12,700 cars per day on E Locust St & N Oakland Ave (2023).
- Surrounded by a diverse mix of restaurants, retailers, & service providers, the property enjoys excellent visibility & walkability.
EXECUTIVE SUMMARY
Colliers | Wisconsin is pleased to present the exclusive investment offering of 2907-2911 N Oakland Avenue, Milwaukee, WI. This property features a multi-tenant retail center totaling 6,501 square feet, strategically positioned in the heart of Milwaukee’s dynamic East Side neighborhood. The location benefits from a dense residential population, strong daytime traffic, and close proximity to the University of Wisconsin–Milwaukee, which brings a steady flow of students, faculty, and staff to the area. Surrounded by a diverse mix of restaurants, retailers, and service providers, the property enjoys excellent visibility and walkability, ensuring consistent customer activity. The East Side’s vibrant community
continue to support long-term retail demand, making this an attractive investment opportunity.
continue to support long-term retail demand, making this an attractive investment opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,501 SF
Building Class
C
Year Built
1923
Price
$1,466,000
Price Per SF
$225.50
Cap Rate
8.15%
NOI
$119,479
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.33 AC
Zoning
LB2 - Neighborhood Business-Local
Parking
19 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Air Conditioning
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
1 of 3
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2911 N Oakland Ave
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