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Overlook on Prospect 2239 N Prospect Ave
2,107 - 2,602 SF of Retail Space Available in Milwaukee, WI 53202
Highlights
- Expansive glass facade and high ceilings.
- Close proximity to UW-Milwaukee and Downtown Milwaukee.
- Hundreds of new residential units located with a two block radius.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,107-2,602 SF | Negotiable | $27.29 CAD/SF/YR $2.27 CAD/SF/MO $71,015 CAD/YR $5,918 CAD/MO | Triple Net (NNN) |
2212-2239 N Prospect Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Overlook on Prospect
- Tenant
- Description
- US Locations
- Reach
- Potbelly
- Sub Sandwich
- 533
- International
- Yoga six
- Fitness
- 263
- International
| Tenant | Description | US Locations | Reach |
| Potbelly | Sub Sandwich | 533 | International |
| Yoga six | Fitness | 263 | International |
PROPERTY FACTS FOR 2239 N Prospect Ave , Milwaukee, WI 53202
| Min. Divisible | 2,107 SF | Frontage | 495’ on Prospect Avenue |
| Center Type | Strip Center | Gross Leasable Area | 19,863 SF |
| Stores | 10 | Total Land Area | 2.00 AC |
| Center Properties | 1 | Year Built | 1976 |
| Min. Divisible | 2,107 SF |
| Center Type | Strip Center |
| Stores | 10 |
| Center Properties | 1 |
| Frontage | 495’ on Prospect Avenue |
| Gross Leasable Area | 19,863 SF |
| Total Land Area | 2.00 AC |
| Year Built | 1976 |
About the Property
This site is situated in Milwaukee’s desirable North Avenue corridor, which is one of the most densely populated and walkable areas. It is proximate to multiple Milwaukee neighborhoods, including the Lower East Side, Upper West Side, North Point, Murray Hill and Brady Street. The site also is in close proximity to the University of Wisconsin - Milwaukee and downtown Milwaukee.
- Enclosed Mall
Nearby Major Retailers
Presented by
Overlook on Prospect | 2239 N Prospect Ave
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