Shops at Greenfield

Highlights:

• 100% Leased | Internet-Resistant Tenancy Fully leased to service and F&B tenants with strong durability, long WALD/WALT, and stable cash flow.
• Strong Recent Leasing Momentum Recent deals and renewals (incl. West Milwaukee Veterinary) drove full occupancy and a 7.23-year WALT.
• Shadow-Anchored by Walmart Adjacent top-performing Walmart (~2.4M annual visits) drives traffic and leasing strength.
• Prime Retail Node Location Located within a 1.2M+ SF retail corridor with major national tenants.
• High Visibility & Connectivity Fronts Greenfield Ave (10.3K VPD) and near I-94 (155K VPD) for strong access.
• Milwaukee MSA Strength Large (1.57M) diverse metro with major corporate presence and strong investment fundamentals.
• Dense Infill Demographics 225K+ residents (3-mile) and ~$75.8K avg. household income support sustained demand.

Description:

​​​​​​​CBRE is pleased to present as the exclusive advisor, Shops at Greenfield, an 11,760 SF unanchored strip center directly adjacent to a Walmart Supercenter. The Property is located less than five miles from downtown Milwaukee and is strategically located in one of Milwaukee’s dominant retail corridors with numerous points of regional connectivity, enabling it to service a wide range of customers.  Shops at Greenfield sits at the heart of a dynamic retail hub and benefits from a dense surrounding population and numerous national tenants.

Shops at Greenfield provide an investor with a stable cash flowing asset that enjoys tremendous real estate fundamentals due to its premier location and visibility along Greenfield Avenue and recent leasing velocity. The Property has experienced significant leasing momentum with 75% of the total tenancy exercising renewals within the past two years. Shops at Greenfield, offers investors the opportunity to acquire a stable, well-leased retail asset at an attractive basis, supported by durable cash flow and nearby traffic driving retailers. 

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