West Allis Towne Centre
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West Allis Towne Centre
5 Retail Properties in West Allis, WI
Investment Highlights
- Pan Asia Supermarket recently signed a 15-year lease and is currently constructing the store with an estimated opening date of May 2025.
- West Allis Towne Center has experienced tremendous leasing momentum in the past year with three new leases signed totaling 63,725 SF
- Locational Advantages: located 3.5 miles from the Milwaukee Regional Medical center
- The underlying cashflows are driven by stable, national tenants including Burlington, Citi Trends, Dollar Tree, DTLR, Harbor Freight, Hobby Lobby
- Milwaukee MSA - Dense 2024 Demographics
- West Allis Towne Center is currently 95% occupied offering the opportunity for future ownership to continue the leasing success
Executive Summary
Qualified investors are extended the opportunity to acquire West Allis Towne Center, a 325,309 square foot, soon-to-be grocery-anchored, open-air shopping center located on West Greenfield Avenue in West Allis, WI. Located near heavily trafficked I-94 (150,000 VPD), the Property benefits from excellent accessibility to downtown Milwaukee and nearby neighborhoods in the Milwaukee MSA. The Property is anchored by a lineup of strong performing national credit tenants including Hobby Lobby, Burlington, Ross Dress for Less, Planet Fitness (opening soon - estimated November 2024), Pan-Asia Super Market (opening soon - estimated May 2025), and Dollar Tree. With approximately two million annual visits and limited nearby competition, West Allis Towne Centre is a premier power center in the market.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 326,223 SF |
| Number of Properties | 5 | Total Land Area | 37.33 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 326,223 SF |
| Total Land Area | 37.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6740-6768 W Greenfield Ave, West Allis, WI 53214 | Retail | 90,683 SF | 1987 | - |
| 6702-6738 W Greenfield Ave, West Allis, WI 53214 | Retail | 55,474 SF | 1987 | - |
| 6780-6808 W Greenfield Ave, West Allis, WI 53214 | Retail | 57,987 SF | 1987 | - |
| 6810-6852 W Greenfield Ave, West Allis, WI 53214 | Retail | 35,600 SF | 1987 | - |
| 6900 W Greenfield Ave, West Allis, WI 53214 | Retail | 86,479 SF | 1987 | - |
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West Allis Towne Centre
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