Bank Of America Ground Lease New Construction… — Sale in Greendale, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Greendale, WI 53129

Investment Figures

Cap rate
5.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Investment Highlights: • New 2026 Construction Bank of America | Original 15-Year Ground Lease with Three, Five-Year Renewal Options. • Corporately Guaranteed by Bank of America, N.A. • Shadow Anchored by Southridge Mall, #1 Most Visited Super-Regional Mall in WI (7. 6 Million Annual Visits) | Southridge is Slated for Long-Term Mixed-Use Redevelopment. • Part of a Major Retail Corridor | Across the Street from Walmart Supercenter, Which Attracts 1.7 Million Annual Visitors (Placer.Ai). • Frontage Along S 76th Street, Which Sees 32,400 Vehicles Per Day | 1.1 Miles from Interstate 43/41, Which Sees 131,000 Vehicles Per Day. • 8,718

Market Context

This retail in Greendale, WI is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Greendale, WI — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Greendale, WI