5001 S 76th St - Freestanding FOR SALE


Greenfield, WI 53220
$6,626,740 USD
312-548-6822
5001 S 76th St, Greenfield, WI for Sale
$6,626,740 USD
Freestanding - FOR SALE
1/6
null | 6.82% Cap Rate

5001 S 76th St
Greenfield, WI 53220


HIGHLIGHTS

  • Corporate Leases
  • Minimal Landlord Responsibilities
  • Scheduled Rent Increases
  • Outstanding Location
  • Milwaukee MSA
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the opportunity to purchase a Southfield Center located at 5001-5007 S 76th Street in Greenfield, Wisconsin (the “Property”). The newer construction plaza consists of 11,145 square feet on a 1.43-acre corner parcel of land. The plaza is 100% occupied by Five Guys, Naf Naf Grill, The American National Red Cross and Stanton Optical. Both Five Guys and Stanton Optical have 5 years remaining on their leases, Naf Naf Grill has 7+ years remaining on their lease, and The American National Red Cross signed a 7-year lease with an anticipated rent commencement date of November 1st. Each of the tenants have net leases that feature scheduled rent increases throughout the primary term and/or renewal options. Southfield Center occupies a highly visible and strategically positioned location along South 76th Street (State Highway 100), one of the Milwaukee metropolitan area's most heavily traveled commercial corridors and Greenfield's premier retail thoroughfare. The property benefits from outstanding accessibility, with convenient connections to Interstate 894/U.S. Highway 45, Interstate 43, Interstate 41, and Interstate 94, providing seamless access throughout Milwaukee County and the broader Southeastern Wisconsin region. The surrounding trade area is anchored by a dense concentration of national retailers, restaurants, grocery stores, healthcare providers, and professional offices, including the nearby Southridge Mall, which serves as one of the region's dominant retail destinations and attracts shoppers from across the metropolitan area. The immediate area is supported by strong residential density and an affluent, established customer base, creating consistent consumer traffic and a stable demand for retail and financial services.

FOR SALE DETAILS

PRICE

$6,626,740 USD

PRICE/SF

$595 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southfield Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

-

APN/PARCEL ID

616-0001-004

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.