Liberty Plaza | Value-Add Investment Property

Highlights:

• Strong performing ±21,600 SF neighborhood retail center located in Milwaukee, Wisconsin
• Currently ±94% occupied by a diverse mix of local, service-oriented tenants
• ±$183,000 in-place NOI
• 70% of the plaza is occupied by KidTown Learning Center, which has been a staple tenant since 2009
• Significant upside potential by converting existing gross leases to net leases
• Ample parking and an excellent retail location with strong traffic counts robust retail demographics

Description:

Ri Marketplace Online Auction March 9th-11th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/2984/liberty-plaza-milwaukee-wi-value-add-investment-property?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2984

Friedman Real Estate, in collaboration with RI Marketplace, is pleased to offer the exclusive marketing and sale of Liberty Plaza, a strong performing ±21,600 SF neighborhood retail center located in Milwaukee, Wisconsin. The property features a solid in place income stream with ±$183,000 of current NOI and offers investors the opportunity to acquire a cash flowing retail asset with clear value add upside through lease up and lease structure conversion strategies.

Situated on ±3.47 AC, Liberty Plaza consists of 14 retail and office units ranging from 1,200 to 4,300 SF and is currently ±94% occupied by a diverse mix of local, service-oriented tenants. Approximately 1,200 SF is available for immediate occupancy, providing near term upside through leasing the final vacancy at market rates. The plaza was constructed in 2002 and features staggered lease expirations, renewal options, ample parking, and strong traffic counts supported by robust retail demographics.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 2876-52
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: