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2960-2990 Chase Ave
Milwaukee, WI 53207
Retail Property For Sale
Investment Highlights
- Target Shadow Anchored – Chase Avenue Plaza is shadow anchored by a top performing Target, one of the largest retailers in the World
- Immediate Value-Add Opportunity via Lease Up – The Property currently sits at 89% occupancy, offering an investor the immediate opportunity
- Strong Demographics in Trade Area – The Property benefits from a central location in the market and more than 342,000 people within a 5-mile area
- Recent Leasing Momentum, National Anchor – CSL Plasma, who comprises 40% of the total GLA, was recently inked on a brand new, 15-year lease
- Healthy Weighted Average Lease Term – The Property’s tenant lineup Weighted Average Lease Term (WALT) exceeds 8 years.
- Highly Accessible and Heavily Trafficked – The Property is strategically located on S. Chase Avenue, featuring excellent access
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,491 SF
Building Class
B
Year Built
1985
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.64 AC
Zoning
LB2 - Local Business
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,953,900 | |
| Land Assessment | $407,900 | Total Assessment | $3,361,800 |
Property Taxes
Parcel Numbers
Land Assessment
$407,900
Improvements Assessment
$2,953,900
Total Assessment
$3,361,800
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