5240 S 76th St, Greendale, WI 53129

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 topperforming 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.