Milwaukee Retail Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield

Quarterly retail market indicators for Milwaukee, aggregated by CREhunt from Cushman & Wakefield. As of Q1 2026, vacancy was 0.3%, per Cushman & Wakefield.

Projected current retail pricing — Milwaukee

Projected asking rent
$15.21/SF/yr
Estimated sale value
$128–$191/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Milwaukee retail yet, so this applies the typical cap rate across comparable retail markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2024 Cushman & Wakefield asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent held flat). Assumes ~93% occupancy and a 65–82% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q1 2026
Cushman & Wakefield
—0.3%-500 SF—
Q1 2024
Cushman & Wakefield
$15.21/SF/yr6.9%2K SF—

Frequently asked questions

What is the average asking rent for retail space in Milwaukee?
CREhunt aggregates retail asking-rent data for Milwaukee from major brokerage market reports; see the quarterly table for the latest available figures.
What is the retail vacancy rate in Milwaukee?
The retail vacancy rate in Milwaukee was 0.3% as of Q1 2026 (Cushman & Wakefield).
Where does CREhunt's Milwaukee market data come from?
This report aggregates quarterly retail market data for Milwaukee from Cushman & Wakefield.