Del Rio Plaza | Value-Add Investment Property

Highlights:

• Strong-performing ±27,000 SF neighborhood retail center located in Milwaukee, Wisconsin
• Currently ±100% occupied by a diverse mix of local, service-oriented tenants
• ±$222,000 in-place NOI
• Multiple tenants have recently renewed leases, demonstrating long-term commitment to the property
• Significant upside potential by converting existing gross leases to net leases
• Ample parking and an excellent retail location with strong traffic counts

Description:

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

https://rimarketplace.com/auction/2986/del-rio-plaza-milwaukee-wi-value-add-investment-property?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2986

Friedman Real Estate, in collaboration with RI Marketplace, is pleased to offer the exclusive marketing and sale of Del Rio Plaza, a strong performing ±27,000 SF neighborhood retail center located in Milwaukee, Wisconsin. The property is currently ±100% occupied by a diverse mix of local, service-oriented tenants, with multiple tenants having recently renewed their leases, demonstrating long term commitment to the asset. Del Rio Plaza offers investors a stabilized, cash flowing retail property with clear value add upside through lease structure conversion strategies.

The property features ample parking, recent parking lot improvements, and new pylon signage that enhances visibility and tenant exposure along an established retail corridor supported by consistent traffic counts. Additional upside exists through the conversion of existing gross leases to net leases, providing an opportunity to enhance NOI while maintaining a service driven tenant base that is resistant to e commerce disruption.


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: