For Sale
$3,921,569

2678 South 108th StreetWest Allis, WI 53227

Opportunity to acquire a well established Chase Bank location in West Allis, WI

Overview

Added:
Jan 27
Days on market:
70
The Kase Group is pleased to present the opportunity to acquire a well established Chase Bank location in West Allis, Wisconsin. The newly constructed building consists of 2,798 square feet situated on a 0.88 acre lot. The brand new 15 year lease calls for zero landlord obligations with 10% increases every 5 years and three, 5-year renewal options. The asset has excellent visibility at the busy signalized intersection of Highway 100 (27,000 VPD) and Cleveland Ave which connects to Interstate 41 (157,000 VPD) with additional signange being constructed. The site is advantageously located adjacent to West Allis Center, a 232,57 square foot shopping center and a renovated Target store which draw in a combined 3.5+ million visitors annually. The subject benefits from dense demographics with 259,840 residents, 112,418 households, and an average household income of $87,414 within a 5-mile radius and is conviniently located 7 miles from Downtown Milwaukee (560,000+ population). This Chase Bank neighbors national tenants such as Walgreens, OfficeMax, Burger King, Chick-fil-A, Target, Panda Express, Starbucks, Marshalls & HomeGoods, Starbucks, Kohl's, Piggly Wiggly & many more.



In Association with ParaSell, Inc. | A Licensed Wisconsin Broker #938545-91

Location Description
West Allis is a city in Milwaukee County, Wisconsin, United States. A suburb of Milwaukee, it is part of the Milwaukee metropolitan area. The population was 60,325 at the 2020 census, making it the 11th most populous city in Wisconsin.

West Allis is one of the region's most diverse suburbs, with a wide variety of exciting new businesses making West Allis the new hotspot for everything from food and beer to fitness and vintage clothing.

West Allis is also known for its incredible array of events that bring in hundreds of thousands of visitors each year. Downtown's famous A La Carte, Food Truck Fridays at the Farmer's Market, the iconic Wisconsin State Fair - West Allis is home to events big and small that bring excitement year-round.

Highlights

  • Brand New 15 Year NNN Ground Lease Zero Landlord Obligations Brand New Construction Drive Thru Location with Coveted Freestanding Outlot to Target Excellent Visibility at Signalized Intersection Desirable Demographics (259,840 Residents, 112,418 HH, $87,414 HHI within a 5-Mile Radius) Massive Traffic Counts - 184,000 VPD from Combined Roads Adjacent to West Allis Center - 232,57 SF Shopping Center 7 Miles from Downtown Milwaukee (560,000+ Residents) Neighboring National Tenants such as Walgreens, OfficeMax, Burger King, Chick-fil-A, Target, Panda Express, Starbucks, Marshalls & HomeGoods, Starbucks, Kohl's, Piggly Wiggly & many more

Property Details for 2678 South 108th Street

Property type
Bank owned properties, Investment properties
Square Feet
2,798 SF
Price / Square Foot
$1,401.56
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
38,333 SF
Units
1

Location Insight

City
West Allis
County
State
Wisconsin

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2678 South 108th Street
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