Noodles & Company and Mad Chicken

For Sale

2735 West Oklahoma Avenue, Milwaukee, WI 53215

This Milwaukee property for sale is located at 2735 West Oklahoma Avenue. The current listed sale price for Noodles & Company and Mad Chicken is $1,750,000. Noodles & Company and Mad Chicken is situated on a lot that is 0.3 acre in size.

Contacts

broker
Dan Rosenfeld

Mid-America Real Estate Group

Property Details

  • 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.

Getting around

  • 83/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 63/100

    Bike Score ®

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Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dan Rosenfeld

Mid-America Real Estate Group

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