Milwaukee, Wisconsin, is a city that offers a unique blend of industrial heritage and cultural attractions, making it an ideal location for businesses looking to establish a strong presence. With its rich history influenced by German immigrants, Milwaukee is famous for its brewing industry, and its cultural diversity is reflected in its numerous festivals and events throughout the year. As a result, retail spaces for lease in Milwaukee are in high demand, with 102 available listings offering a range of opportunities for businesses to thrive. The average annual rent per square foot is $16 USD, and the average size of these retail spaces is 7,355 square feet, with a maximum space size of 217,461 square feet.
Milwaukee's retail spaces for lease offer a unique opportunity to tap into the city's vibrant cultural scene, with attractions like the Milwaukee Art Museum, Summerfest, and the Harley-Davidson Museum drawing in visitors from across the country. The city's infrastructure, including the Milwaukee Regional Medical Complex, Milwaukee Mitchell International Airport, and the Interstate highway system, makes it an ideal location for businesses looking to establish a strong presence in the Midwest. Additionally, the city is home to a range of educational institutions, including Marquette University, University of Wisconsin–Milwaukee, and Milwaukee School of Engineering, providing a skilled workforce for businesses to tap into. Restaurants, medical offices, and office spaces are also available for lease in Milwaukee, offering a range of opportunities for businesses to establish a presence in the city.
What is the average cost per square foot for retail space in Milwaukee?
The average cost per square foot for retail space in Milwaukee is $16 USD per square foot, with 102 available listings ranging in size from 7,355 square feet to 217,461 square feet.
How do anchor tenants affect surrounding retail space leases?
In Milwaukee, where there are currently 102 available listings of retail space for lease, anchor tenants play a crucial role in shaping the surrounding retail landscape, as they often attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, leading to higher lease rates and more competitive terms, with average annual rent per square foot hovering around $16 USD and average space sizes ranging from 7,355 square feet to 217,461 square feet.
