Property History
Cushman & Wakefield | Boerke is pleased to present for sale the multi-tenant retail strip center located at 2110 E Oklahoma Avenue in the Bayview neighborhood of Milwaukee, WI.
This 4,882 square foot strip center is anchored by Starbucks with drive-thru and shares tenancy with Vision Mart and Nail Love. Located on the northeast corner of S Kinnickinnic Avenue (locally known as “KK”) and E Oklahoma Avenue, the center has great visibility. There are two access points (one on E Oklahoma Avenue and the other on S Kinnickinnic Avenue) that are both right in/right out.
Incoming Investors stand to benefit from the stability of a strong anchor tenant and longstanding local tenants. There is potential upside through improved management to bring expenses down and converting two tenants to 100% reimbursement of triple nets.
Starbucks has 11+ years of term with NO termination right
Hard corner with outstanding visibility
Potential to improve NOI by addressing unneeded expenses and transitioning local tenants to 100% reimbursement
Starbucks and Vision Mart have been tenants for nearly 20 years
Trendy Milwaukee city submarket of Bayview
Loan History
Financial History
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Comparable Properties
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