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5255 S 76th St
Greendale, WI 53129
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prime location.

EXECUTIVE SUMMARY

Colliers | Wisconsin is pleased to exclusively market for sale a new construction, multi-tenant retail condo. The property, which consists of 9,544 square feet along the ground floor, is fully occupied by five diverse e-commerce resistant tenants including medical, retail and financial services. Constructed in 2020, the building features a drive-thru on the south endcap and excellent visibility with direct access from busy South 76th Street. The final three leases were recently executed, bringing the occupancy to 100% with a WALT of 7.5 years. The retail center is Unit 2 of a two-unit condominium development. Unit 1, which is not part of this sale, consists of two floors of domestic and international student housing for the adjacent Martin Luther High School plus underground parking. Martin Luther is a 9th through 12th grade boarding and day school with 600 students.

PROPERTY FACTS

Property Type Retail
Property Subtype Freestanding
Building Class A
Lot Size 0.22 AC
Gross Leasable Area 9,544 SF
No. Stories 2
Year Built 2020
Parking Ratio 5.24/1,000 SF
APN / Parcel ID 651-1001-000
Zoning B5 - Mixed-Use
  • Listing ID: 25848423

  • Date on Market: 6/3/2022

  • Last Updated:

  • Address: 5255 S 76th St, Greendale, WI 53129

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