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Pilgrim Commons (37538) W156N5530 Pilgrim Rd 1,300 SF of Retail Space Available in Menomonee Falls, WI 53051
HIGHLIGHTS
- Premier exposure & accessibility sharing ingress/egress with Walgreen's & Mcdonald's
- Ideal end-cap space available
- Irreplaceable location, within blocks of Kohl's corporate HQ
- Strong long-standing co-tenancy in an established center
- High quality building aesthetics
- Dense residential nearby with strong demographics
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,300 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
W156N5530 Pilgrim Rd - 1st Floor
±1,300 SF retail suite located in one of Menomonee Falls’ most active suburban corridors. This space offers excellent visibility at the signalized intersection of Pilgrim Rd & Silver Spring Dr with shared ingress/egress to McDonald’s and Walgreens, ensuring strong daily traffic and easy customer access. Pilgrim Commons attracts 249,000+ annual visits (Placer) and draws from an affluent trade area including Menomonee Falls, Brookfield, Sussex, and Wauwatosa. The suite features a clean, efficient layout ideal for retail, service, medical, wellness, and boutique operators seeking quick build-out potential. The center benefits from a strong daytime population driven by nearby employment hubs, including Kohl’s Corporate Headquarters, as well as stable neighborhood demand from surrounding residential communities. With consistent traffic, high household incomes, and proximity to major arterials, this location offers a turnkey opportunity for operators looking to plug into a proven, high-performing retail node in the MSA.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,300 SF | Frontage | 100’ on Pilgrim Rd |
| Center Type | Strip Center | Gross Leasable Area | 5,845 SF |
| Parking | 36 Spaces | Total Land Area | 1.09 AC |
| Center Properties | 1 | Year Built | 2007 |
| Total Space Available | 1,300 SF |
| Center Type | Strip Center |
| Parking | 36 Spaces |
| Center Properties | 1 |
| Frontage | 100’ on Pilgrim Rd |
| Gross Leasable Area | 5,845 SF |
| Total Land Area | 1.09 AC |
| Year Built | 2007 |
ABOUT THE PROPERTY
Pilgrim Commons is a high-performing neighborhood retail center strategically positioned at the signalized intersection of Pilgrim Rd and Silver Spring Dr in Menomonee Falls. The center benefits from exceptional visibility, strong suburban demographics, and seamless shared access with McDonald’s and Walgreens, creating a natural draw for daily-needs traffic. With 249,000+ annual visits and 81,600 unique customers (Placer), Pilgrim Commons enjoys consistent footfall throughout the week, supported by peak activity between 10 AM and 6 PM and a loyal repeat customer base. Serving a broad, affluent trade area that includes Menomonee Falls, Brookfield, Sussex, and Wauwatosa, the center is anchored by a mix of established retailers such as Cousins Subs, Papa Murphy’s, State Farm, and wellness/service operators. Nearby employment hubs—including Kohl’s Corporate Headquarters—further reinforce daytime demand, while surrounding residential density ensures stable year-round traffic. With strong accessibility, abundant parking, and a proven history of attracting repeat visits, Pilgrim Commons stands out as a reliable and convenient retail destination within one of the Milwaukee metro’s most desirable suburban corridors.
NEARBY MAJOR RETAILERS
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POWER BROKER Thomas Thomsen -
Nyla Group
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Pilgrim Commons (37538) | W156N5530 Pilgrim Rd
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