5001-5007 S 76th Street, Greenfield, WI 53220 For Sale

LEASE TERMS: Five Guys and Stanton Optical have 5 years remaining on their leases, each with two (2), 5-year renewal options. Naf Naf Grill has 7+ years remaining on their lease with two (2), 5-year renewal options, and The American National Red Cross signed a 7-year lease with two (2), 5-year renewal options and an anticipated rent commencement date of November 1st.

CORPORATE LEASES: The Property features corporate leases with Five Guys, Stanton Optical and The American National Red Cross. Naf Naf Grill is operated by a franchisee and offers a personal guaranty.

MINIMAL LANDLORD RESPONSIBILITIES: Each of the tenants have net leases with the tenants responsible for their pro-rata share of all real estate taxes, insurance, and common area maintenance, making it an attractive investment for the passive investor and protecting the in-place cash flow against rising costs of service and labor. Each of the tenants also reimburse for a management or administrative fee: Five Guys, Naf Naf Grill, The American National Red Cross and Stanton Optical each pay a 10% administrative fee on common area maintenance (excluding taxes and insurance), and Naf Naf Grill and The American National Red Cross also reimburse their pro rata share of a traditional management fee.

SCHEDULED RENT INCREASES: Each of the tenants have scheduled rent increases in their primary lease terms or renewal option periods, providing a steady increase in income and an attractive hedge against inflation.

OUTSTANDING LOCATION: The property benefits from its proximity to several of the region's largest employment centers, including the campuses of Advocate Aurora Health, Froedtert Health, the Medical College of Wisconsin, Northwestern Mutual, Rockwell Automation, Harley-Davidson, and numerous manufacturing, distribution, and professional service employers located throughout the Milwaukee metropolitan area. Nearby educational institutions, including Alverno College, Milwaukee Area Technical College, and the University of Wisconsin–Milwaukee, further contribute to the area's daytime population and economic vitality. These strong demographic and employment fundamentals, combined with exceptional visibility, multiple points of ingress and egress, and excellent regional connectivity, make the location particularly well suited for retailers and restaurants seeking convenient customer access and long-term operating stability within one of the Milwaukee area's most established commercial corridors.

MILWAUKEE MSA: Home to more than 1.5 million residents, the Milwaukee Metropolitan Statistical Area is the largest economic center in Wisconsin and serves as a major hub for manufacturing, healthcare, financial services, technology, and corporate headquarters. Anchored by a highly diversified economy, world-class healthcare systems, leading universities, and excellent interstate connectivity, the MSA provides a deep employment base and a stable consumer market that continues to support long-term population, retail, and commercial real estate demand throughout Southeastern Wisconsin.

RETAIL TRADE AREA: Additional national and local retailers drawing traffic to the trade area include Southridge Collection (mall), Walmart Supercenter, Meijer, Sendik's Food Market, Metro Market, Burlington, Best Buy, DSW, Total Wine & More, Walgreens, Longhorn Steakhouse, Olive Garden, Red Lobster, Cooper's Hawk, Chick-fil-A, Raising Cane's, Starbucks, McDonald's, Burger King, Wendy's, Arby's, Jersey Mike's, First Watch, Crumbl, Panda Express, and Speedway.

TRAFFIC COUNTS: More than 31,800 vehicles pass the property daily along S 76th Street.

DEMOGRAPHICS: Approximately 96,400 people live within 3-miles of the Property with an average household income of $101,452. More than 269,000 people live within 5-miles of the Property with an average household income of $102,024. Additionally, there are more than 88,300 employees within 5-miles of the Property.