Retail

Silver Terrace

silver terrace, milwaukee, WI 53218

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence

Low

$429.98/SF

Mid

$505.86/SF

High

$581.74/SF

Tier Used

peer_city_transfer

Transferred from peer market syracuse (similarity: 100%) with 5 comparable listings.

Peer market: syracuse (100% similarity)

Tier Resolution Trace

Tier 1insufficient_data

Tier 2insufficient_data

Tier 3insufficient_data

Tier 4successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$505.86/SF	—	peer_city_transfer
Utilities	—	13.6¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1310/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
Peer City Transfer	economic_similarity	5	—	real-time	syracuse (100%)

Data sources used

peer_city_transfer

Description

Newly redeveloped retail center on the prominent, high traffic corner of Silver Spring Drive & N. 60th Street. This is a lighted intersection with very easy access to the retail center. Silver Terrace is located directly across from Westlawn Housing Development, which upon completion of revitalization, will consist of 958 units. + Center Size: 20,137 SF + Available Space: 1,260 SF Inline + Rental Rate: $18.00 PSF NNN + NNN Expenses: $6.27 / SF

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

silver terrace, milwaukee, WI 53218

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Milwaukee retail market showed a 0.3% vacancy rate, and rents up 3.3% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other retail listings for sale in Milwaukee, WI to benchmark pricing and space — view the full market.

Retail market FAQ

Is the Milwaukee retail market tightening or softening?: Vacancy is around 0.3%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Very Low Confidence

$213.69/SF-$289.11/SF

Mid: $251.40/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market syracuse (similarity: 100%) with 5 comparable listings.