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Investment Highlights

  • 100% Leased | Internet-Resistant Tenancy
  • Shadow-Anchored by Walmart
  • High Visibility & Connectivity
  • Strong Recent Leasing Momentum
  • Prime Retail Node Location
  • Milwaukee MSA Strength | Dense Infill Demographics

Executive Summary

CBRE is pleased to present as the exclusive advisor, Shops at Greenfield, an 11,760 SF unanchored strip center directly adjacent to a Walmart Supercenter. The Property is located less than five miles from downtown Milwaukee and is strategically located in one of Milwaukee’s dominant retail corridors with numerous points of regional connectivity, enabling it to service a wide range of customers. Shops at Greenfield sits at the heart of a dynamic retail hub and benefits from a dense surrounding population and numerous national tenants.
Shops at Greenfield provide an investor with a stable cash-flowing asset that enjoys tremendous real estate fundamentals due to its premier location and visibility along Greenfield Avenue and recent leasing velocity. The Property has experienced significant leasing momentum with 75% of the total tenancy exercising renewals within the past two years. Shops at Greenfield, offers investors the opportunity to acquire a stable, well-leased retail asset at an attractive basis, supported by durable cash flow and nearby traffic driving retailers.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
11,760 SF
Building Class
C
Year Built/Renovated
1990/2013
NOI
$261,875
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.25
Lot Size
1.07 AC
Opportunity Zone
Yes
Zoning
B5 (PUD)
Parking
50 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
676’ on West Greenfield Avenue

Amenities

  • Bus Line
  • Pylon Sign
  • Security System
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 1,485 SF
  • -
  • -
  • Sep 2029

Little Caesars began in 1959 when Mike and Marian Ilitch opened a single pizza restaurant in suburban Detroit. The company grew through franchising and later expanded into international markets, with business materials describing a model centered on quality, convenience, and value. Today, Little Caesars focuses on pizza restaurants, franchise development, and carryout-oriented service, while also supporting community programs such as the Love Kitchen and fundraising initiatives.

  • Mazaj Smoke Shop
  • -
  • 1,257 SF
  • -
  • Triple Net
  • Jan 2029
  • Information
  • 1,200 SF
  • -
  • Triple Net
  • Dec 2027

Metro by T-Mobile began in 1994 as General Wireless, Inc. and launched service in 2002 before adopting the MetroPCS name and later rebranding as Metro by T-Mobile in 2018. The company focuses on prepaid mobile service with no-contract plans, unlimited talk, text, and data options, and a lineup of phones, tablets, hotspots, and other connected devices. Metro supports account management through online and app-based tools and offers home internet among its plan categories, placing the brand across several consumer wireless verticals. Metro operates as a T-Mobile brand and serves customers nationwide through its wireless distribution and digital channels.

  • NVA West Milwaukee Vet
  • -
  • 7,818 SF
  • -
  • -
  • Jun 2036
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 1,485 SF - - Sep 2029
Mazaj Smoke Shop - 1,257 SF - Triple Net Jan 2029
Information 1,200 SF - Triple Net Dec 2027
NVA West Milwaukee Vet - 7,818 SF - - Jun 2036

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,200 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 1,200 SF Retail - Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Huntington National Bank
U.S. Bank
Noodles & Company
IHOP
Applebee's
Buffalo Wild Wings
Chili's Grill & Bar
Cermak Fresh Market
Summit Credit Union

Property Taxes

Property Taxes

Parcel Number
436-2004-000
Land Assessment
$349,500
Improvements Assessment
$1,113,000
Total Assessment
$1,462,500
  • Listing ID: 41174220

  • Date on Market: 7/6/2026

  • Last Updated:

  • Address: 4202-4208 W Greenfield Ave, West Milwaukee, WI 53215

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