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Brown Deer Retail Shops - Starbucks Anchored 5960 W Brown Deer Rd 5,717 SF 100% Leased Retail Building Brown Deer, WI 53223 $3,910,000 ($683.93/SF) 6.25% Cap Rate
Investment Highlights
- 100% LEASED TO NATIONALLY RECOGNIZED TENANTS
- DURABLE LEASE STRUCTURE WITH RENT GROWTH
- STRONG DEMOGRAPHICS & ESTABLISHED TRADE AREA
- BRAND-NEW 2026 CONSTRUCTION WITH STARBUCKS DRIVE-THRU
- HIGH-VISIBILITY MILWAUKEE RETAIL CORRIDOR
- SURROUNDED BY NATIONAL RETAIL & REDEVELOPMENT MOMENTUM
Executive Summary
The Property benefits from brand-new construction, a Starbucks drive-thru, scheduled rent growth, and multiple renewal options across the tenant lineup. Strategically positioned along W. Brown Deer Road, which sees approximately 27,500 vehicles per day, the asset offers excellent visibility and access within an established Milwaukee retail corridor. The surrounding trade area features strong demographics, with more than 57,900 people and average household income of approximately $96,959 within a 3-mile radius.
Located just 14 miles north of downtown Milwaukee, Brown Deer Retail Shops offers investors the opportunity to acquire a stabilized, newly built retail asset with durable tenancy, contractual income growth, and long-term appeal within the greater Milwaukee MSA.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
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- -
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Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean coffee, tea, and spices, and the business later developed into a coffeehouse brand centered on handcrafted beverages and customer connection. Starbucks operates a large network of company-operated and licensed coffeehouses and has a growing presence in consumer-packaged goods, extending the brand beyond cafés into at-home coffee products. The company's menu and format strategy includes coffeehouse and menu innovation, along with food offerings that span bakery items, snacks, and other daypart products. Starbucks focuses on specialty coffee, beverage service, and branded consumer products across its retail and packaged-goods business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 029-9996-004 | Improvements Assessment | $0 |
| Land Assessment | $603,000 | Total Assessment | $603,000 |
Property Taxes
Contacts
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David Hoppe -
Danny Griffin -
Eric Suffoletto -
Ben Olmstead -
Kendra Doherty -
Atlantic Capital Partners
