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5701 N Lydell Ave
Glendale, WI 53217 Outer Brown Deer

$16,115,000 USD

Freestanding For Sale  •  128,512 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 128,512 SF
  • Lot Size 3.57 AC
  • Building Class B
  • Year Built 1957
  • Tenancy Single
  • Zoning PD
50 Transit Score
60 Walk Score

Highlights

Acquire fee simple interest in 5701 N Lydell Ave, the Target-leased anchor of the 1.27M+ square foot Bayshore mixed-use center in the Milwaukee MSA.
Property spans 128,512 square feet on a 3.57-acre parcel with a comprehensive renovation completed in 2021, priced below replacement cost.
Lease signed by Target’s corporate entity (S&P: A | NYSE: TGT), on a NNN basis with 10+ years remaining at below-market rent and scheduled increases.
Bayshore is a market-defining destination, attracting over 6.4 million annual visitors and ranking in the 97th percentile nationwide (Placer.ai).
Fortified by a robust, affluent local trade area, households within a mile radius of the site report an average annual income of $174,671.
Long-term value location off I- 43, affording quick access for consumers throughout the North Shore and only 20 minutes from Downtown Milwaukee.

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility

Public Transportation

Commuter RailDriveWalkDistance
13 min - 6.9 mi
AirportDriveWalkDistance
General Mitchell International 24 min - 13.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 138
Type: Surface
Included in Rent: Yes
Patrick Luther 414-441-3647 SRS National Net Lease
Patrick Luther 414-441-3647 SRS National Net Lease