Space FOR LEASE in The Knickerbocker on the Lake condo/hotel in Milwaukee's Yankee Hill neighborhood with very close proximity to the lakefront, Art Museum, downtown, The Hop public transit, and the NML expanding campus. The built in customer base in the building plus the walkable dense vertical residential neighborhood makes the a destination for travel + a destination for great food. A new restaurant/bakery/coffee bar in this neighborhood has the possibility to be a great destination. Other good options include a speciality grocer/cafe, or catering business. The space has a open floor plan and a large patio available for additional seating. Modified Gross rent is $70,000/year; $5,833.33/ month plus tenant is responsible for CAM charges, tax, trash /recycling expense and utilities - electric, gas and water,. The property is positioned perfectly walking distance to the lakefront, downtown and Milwaukee's Gold Coast. Backed by a 1.5-mile trade area of over 71,000 residents—skewing heavily toward young, highly educated urban professionals and high-net-worth empty nesters - this site delivers exceptional, year-round purchasing power that is highly insulated from retail downturns.
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