Noodles & Company and Mad Chicken

2735 West Oklahoma Avenue, Milwaukee, WI 53215

  • For Sale $1,750,000
  • Property Type Retail - Street Retail
  • Property Size 3,885 SF
  • Units 2
  • Lot Size 0.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2003
  • Date Updated Sep 5, 2025
South 27th Street serves as a dominant regional arterial, lined with national and regional retailers, restaurants, and service providers. Just south of the property sits a Walmart Supercenter, serving as a major anchor and traffic generator. The corridor also includes complementary national dining brands such as Chipotle, Starbucks, Buffalo Wild Wings, and Burger King, creating strong cross-shopping and multi-daypart traffic. This retail synergy reinforces consistent consumer demand and long-term viability for both Noodles & Company and Mad Chicken.Mid-America Real Estate – Wisconsin is pleased to present the exclusive offering of a 100% occupied, two-tenant retail building located at 2735 W. Oklahoma Avenue, Milwaukee, WI. The property is anchored by Noodles & Company (#2 ranked location nationally per Placer.ai, #1 in Wisconsin) alongside Mad Chicken, a fast-growing regional brand with 20+ locations across nine states. The building totals 3,885 SF on 0.33 acres and benefits from a prime location along Oklahoma Avenue and South 27th Street (combined 47,800+ vehicles per day). The site offers long-term stability with established tenancy since 2003, recent lease extensions, and contractual rental escalations. Both tenants operate under landlord-friendly NN+ leases with CAM, tax, and insurance reimbursement. Situated in Milwaukee’s south side trade area, the property draws from 400,000+ residents within 5 miles and a strong employment base anchored by Aurora St. Luke’s Medical Center across the street. Nearby retail anchors include Walmart Supercenter, Chipotle, Starbucks, Buffalo Wild Wings, and Burger King, driving consistent cross-shopping traffic.
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Highlights

  • Dense Trade Area & Strong Demographics: Over 400,000 residents within 5 miles; average household income exceeding $86,000.
  • Employment Driver Across the Street: Adjacent to Aurora St. Luke’s Medical Center (970+ beds, 4,000 employees), plus nearby Maynard Steel and Carmen High School.
  • In-Place Income: Current NOI of $118,015, offered at an asking price of $1,750,000.
  • Landlord-Friendly Lease Structure: NN+ leases with tenants responsible for CAM, taxes, and insurance reimbursement.
  • Long-Term Tenancy: Noodles operating since 2003; Mad Chicken recently extended lease through January 2031.
  • Prime Milwaukee Location: Positioned on Oklahoma Avenue and South 27th Street with traffic counts exceeding 47,800 VPD.
  • Stable Two-Tenant Net Lease: 100% occupied by Noodles & Company (NASDAQ: NDLS) and Mad Chicken (WI-based regional chain with 20+ stores).
  • Top Performing Noodles & Company: Ranked #2 nationwide (out of 413 stores) and #1 in Wisconsin, with 20+ years of operating history at this site.

Contacts

broker
Dan Rosenfeld

Mid-America Real Estate Group

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Milwaukee, WI
  • Neighborhood Southgate
  • Zip Code 53215
  • Market Milwaukee

Points of Interest

  • Intermodal Station

    3.65 miles

  • Taxi Pick-Up

    3.66 miles

  • Saint Paul at Plankinton

    3.72 miles

  • Historic Third Ward

    3.83 miles

  • Clybourn & Jefferson

    4.02 miles

  • Wisconsin Avenue

    4.09 miles

  • Michigan & Jackson

    4.10 miles

  • Lakefront

    4.20 miles

  • City Hall

    4.22 miles

  • Cathedral Square

    4.37 miles

  • Clark

    0.77 miles

  • Speedway

    1.03 miles

  • Marathon

    1.14 miles

  • Petromart

    1.45 miles

  • Citgo

    1.46 miles

  • Amstar

    1.56 miles

  • ChargePoint

    3.53 miles

  • Tesla Destination Charger

    4.16 miles

  • Tesla Supercharger

    6.37 miles

  • Tesla Supercharger-Glendale, WI

    9.33 miles

  • Tow Lot

    1.10 miles

  • Holt Avenue Park and Ride

    1.64 miles

  • Loomis Road Park and Ride

    1.77 miles

  • Employee Parking Lot 3

    2.20 miles

  • The 15th Place Lot

    2.26 miles

  • E35

    2.54 miles

  • V3

    2.55 miles

  • 2

    2.56 miles

  • 1

    2.58 miles

  • 10

    2.60 miles

  • Noodles & Company

    0.01 miles

  • Einstein Bros. Bagels

    0.03 miles

  • Cousins Subs

    0.08 miles

  • Chipotle

    0.17 miles

  • Taco Bell

    0.28 miles

  • Omega Restaurant

    0.47 miles

  • McDonald's

    0.48 miles

  • Zebb's

    0.52 miles

  • Panera Bread

    0.55 miles

  • Pizza Hut

    0.61 miles

  • Walmart Supercenter

    0.33 miles

  • Ross

    0.56 miles

  • dd's Discounts

    0.58 miles

  • Marshalls

    0.65 miles

  • Pick 'n Save

    0.75 miles

  • Kohl's

    0.78 miles

  • Attari Super Market

    1.05 miles

  • Monterrey Market

    1.06 miles

  • ALDI

    1.10 miles

  • La Veracruzana

    1.35 miles

Frequently Asked Questions

How much does Noodles & Company and Mad Chicken cost?

The space currently listed for sale at Noodles & Company and Mad Chicken asks for $1,750,000.

What is the total square footage of Noodles & Company and Mad Chicken?

Noodles & Company and Mad Chicken totals 3,885 square feet.

When was this property built?

Noodles & Company and Mad Chicken was built in 2003.

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Contact Listing Broker
broker
Dan Rosenfeld

Mid-America Real Estate Group

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