For Sale
$3,921,569

2678 South 108th Street West Allis, WI 53227

West Allis, WI: Prime Bank Location

Overview

Added:
Jan 27
Days on market:
91
This exceptional investment opportunity presents a newly constructed, 2,798 square foot Chase Bank located in West Allis, Wisconsin. The property sits on a 0.88-acre lot at a high-traffic intersection of Highway 100 (27,000 VPD) and Cleveland Ave, providing excellent visibility and access to Interstate 41 (157,000 VPD). A brand new 15-year triple-net (NNN) lease with zero landlord obligations is in place, featuring 10% rent increases every five years and three five-year renewal options. The strategic location is adjacent to West Allis Center, a 232,57 square foot shopping center, and a renovated Target store, drawing over 3.5 million annual visitors. Benefitting from strong demographics—259,840 residents, 112,418 households, and an $87,414 average household income within a 5-mile radius—this location is also conveniently situated 7 miles from Downtown Milwaukee (population exceeding 560,000). The property enjoys proximity to numerous national retailers, including Walgreens, OfficeMax, Burger King, Chick-fil-A, Panda Express, Starbucks, Marshalls & HomeGoods, Kohl's, and Piggly Wiggly. This is a rare opportunity to acquire a high-performing asset in a thriving, densely populated area with significant traffic counts and strong tenant occupancy. The asking price is $3,921,569.

Highlights

  • Brand new Chase Bank building, 2,798 sq ft, on 0.88-acre lot in West Allis, WI.
  • 15-year NNN lease with zero landlord obligations and 10% rent increases every 5 years.
  • Excellent visibility at a busy intersection near major retailers and Downtown Milwaukee.

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

FAQs

What type of property is this?
Bank owned property - West Allis, WI: Prime Bank Location
Where is the bank owned property located?
The property is located at 2678 South 108th Street West Allis, WI.
What is the asking price?
The asking price for this property is $3,921,569.
What are key features of this property?
This property features: Brand new Chase Bank building, 2,798 sq ft, on 0.88-acre lot in West Allis, WI.; 15-year NNN lease with zero landlord obligations and 10% rent increases every 5 years.; Excellent visibility at a busy intersection near major retailers and Downtown Milwaukee.
How can I contact the broker?
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2678 South 108th Street
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