5240 S 76th St - Bank FOR SALE


Greendale, WI 53129
$4,040,000 USD
630-570-2238
5240 S 76th St, Greendale, WI for Sale
$4,040,000 USD
Bank - FOR SALE
1/10
null | 5% Cap Rate

5240 S 76th St
Greendale, WI 53129


HIGHLIGHTS

  • New 2026 Construction Bank of America | Original 15-Year Ground Lease with Three, Five-Year Renewal Options.
  • Corporately Guaranteed by Bank of America, N.A.
  • Shadow Anchored by Southridge Mall, #1 Most Visited Super-Regional Mall in WI | Southridge is Slated for Long-Term Mixed-Use Redevelopment.
  • Part of a Major Retail Corridor | Across the Street from Walmart Supercenter, Which Attracts 1.7 Million Annual Visitors (Placer.ai).
  • Frontage Along S 76th Street, Which Sees 32,400 Vehicles Per Day | 1.1 Miles from Interstate 43/41, Which Sees 131,000 Vehicles Per Day.
  • 8,718 People Live Within a Mile Radius and 94,149 People Live Within a Three-Mile Radius.

OVERVIEW

Investors are offered the opportunity to acquire a brand new 2026 construction Bank of America ground lease located in the highly desirable Milwaukee suburb of Greendale. The Greendale location is part of Bank of America’s recent expansion in the Milwaukee market with five new branches in various stages of development. Bank of America, N.A. holds a best-in-class credit rating of “A+” from Standard & Poor’s. The property is Bank of America’s newest prototype building and features 10 percent rental increases every five years. Bank of America benefits from its shadow anchor, Southridge Mall, the #1 most visited super-regional mall in Wisconsin, which attracts 7.6 million annual visitors and is planned for long-term mixed-use redevelopment. The property is strategically positioned along a high-traffic corridor with 32,400 vehicles per day and benefits from immediate access to Interstate 43/41 (131,000 vehicles per day). The 76th Street corridor is one of the Milwaukee MSA’s most dominant retail destinations, featuring retailers such as Walmart Supercenter, Chick-fil-A, Starbucks, Raising Cane’s, Sendik’s and multiple top performing shopping centers. The immediate area is incredibly dense and affluent with over 94,000 residents and 77,000 employees within a three-mile radius. The average household income exceeds $96,000 within a one-mile radius.

FOR SALE DETAILS

PRICE

$4,040,000 USD

PRICE/SF

$949 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank of America - Greendale, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2027

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

650-9990-030

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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