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3650-3658 S 27th St
Milwaukee, WI 53221
T-Mobile Anchored Center · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,034 SF
Building Class
B
Year Built
2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.82 AC
Zoning
LB1
Parking
30 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
56’ on 27th St

Amenities

  • Pylon Sign

About 3650-3658 S 27TH ST , MILWAUKEE, WI 53221

The Shops at Willow Creek Crossing are located along South 27th Street just south of the signalized intersection of West Loomis Road and South 27th Street. South 27th Street is a primary north-south thoroughfare in the area and experiences traffic counts in excess of 30,000 vehicles per day. The strip center is located in a densely populated area with approximately 19,000 people living within a one-mile radius. In addition to the offered three-tenant strip center, Willow Creek Crossing features a Buffalo Wild Wings, Panda Express, and Jimmy Johns. The subject property is benefitted by its location in a dominant retail corridor. Located directly across the street from the subject property is a Kohl’s and Pick ‘N Save anchored center. Additional retailers located in the immediate vicinity along the South 27th Street retail corridor include Walmart, CVS, Walgreens, Michael’s, Marshalls, and Chase Bank. Furthermore, Aurora St. Luke’s Medical Center, the number one ranked hospital in Milwaukee, is located just north of the property. Aurora St. Luke’s Medical Center is a 710-bed facility with over 130,000 annual visitors (27,610 inpatient surgeries, 41,028 outpatient surgeries, & 61,734 emergency room visits). The Shops at Willow Creek Crossing is fully leased to three tenants; T-Mobile, UBreakiFix and Azara Smoke N’ Vape. The T-Mobile lease is guaranteed by Wireless Vision LLC, the largest T-Mobile retail partner in the United States, and has approximately 3 years remaining on the lease. The T-Mobile lease features a 6% rental escalation in 2020. Originally founded in Eau Claire, WI, Azara Smoke N’ Vape has been in business since 2009. Azara Smoke N’ Vape is one of the region’s leading smoke and vape shops.

Property Taxes

Property Taxes

Parcel Number
552-1601-000-X
Land Assessment
$543,900
Improvements Assessment
$1,464,800
Total Assessment
$2,008,700
  • Listing ID: 17571757

  • Date on Market: 10/28/2019

  • Last Updated:

  • Address: 3650-3658 S 27th St, Milwaukee, WI 53221

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