Third Ward

Location

Milwaukee, WI, USA

North of E. Eerie Street, South of Interstate 794 and West of N. Jackson Street

Location

Milwaukee, WI, USA

North of E. Eerie Street, South of Interstate 794 and West of N. Jackson Street

Description

Where Heritage Meets Modern Energy

The Historic Third Ward is where history and innovation converge to create a retail destination that feels edgy with an authentic feel providing an alternative option to more traditional shopping destinations like Mayfair Mall or The Corners at Brookfield. Once an

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street Details

Annual foot traffic

500,000 people/year

Daily vehicle traffic

15,000 vehicles/day

Population

25,000 people within

Day time population

35,000 people within

Household income (median)

$75,000.00 annually

Age (average)

> 35 years old within

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Available Spaces

Sample Space 1

1000 SF

Suitable for retail, restaurant, office

Sample Space 2

1500 SF

Suitable for retail, restaurant, office

Sample Space 3

2000 SF

Suitable for retail, restaurant, office

News & Alerts

0 of 0

Top available retail spaces in Milwaukee's Third Ward neighborhood

9 months ago

Forage Kitchen, a health food concept, opens Feb 1st in Milwaukee's Third Ward

9 months ago

Third Coast Gourmet sub shop in Third Ward, Milwaukee, to permanently close

9 months ago

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Local Experts

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Brokers Active on Third Ward

Verified rep

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Bouvette La Boucherie

Local Expert Analysis

Market Positioning and Leasing Trends The Third Ward is Milwaukee’s is a competitive retail corridor, with gross rents ranging from $50 to $75 per square foot and a vacancy rate below 5%. This tight market reflects the district’s exceptional demand and enduring appeal. Leasing activity remains robust, driven by a balanced tenant mix of national brands like Warby Parker and West Elm alongside local favorites that offer a one-of-a-kind Milwaukee experience. Recent openings have reinforced the area’s reputation, while new developments promise to elevate the district’s allure even further. Customer Demographics and Foot Traffic The Third Ward attracts a diverse and affluent customer base, including young professionals, high-income individuals, and tourists. Seasonal events like Summerfest and art festivals amplify the district’s foot traffic, particularly during the warmer months when outdoor dining and activities dominate. Even during quieter times, the area’s proximity to downtown Milwaukee ensures a steady flow of shoppers and diners. The Milwaukee Public Market serves as a powerful magnet, pulling in crowds that spill into the surrounding shops and eateries. Future Trends As new developments come online and seasonal events continue to draw crowds, the Third Ward is poised for sustained growth. Its tight leasing market, strong demographic appeal, and ability to seamlessly blend history with modernity ensure its place as one of Milwaukee’s key retail destinations. Whether you’re exploring the cobblestone streets for the first time or staking a claim as a retailer, the Third Ward invites you to be part of its next great chapter. New Developments The Third Ward’s growth trajectory is fueled by significant investments and forward-thinking projects such as Hines Mixed-Use Property, set to introduce new retail and residential spaces, promises to enhance the district’s appeal and draw additional foot traffic. Conclusion The Historic Third Ward is a living testament to the city’s ability to honor its past while embracing the future. With its series of flagship stores, boutique retailers, and experiential dining, the Third Ward offers an experience that’s as engaging as well as inviting. For brands and restaurateurs looking to make an impact in a dynamic, high-energy, alternative shopping environment, this district delivers.

Market Positioning and Leasing Trends

The Third Ward is Milwaukee’s is a competitive retail corridor, with gross rents ranging from $50 to $75 per square foot and a vacancy rate below 5%. This tight market reflects the district’s exceptional demand and enduring appeal. Leasing activity remains robust, driven by a balanced tenant mix of national brands like Warby Parker and West Elm alongside local favorites that offer a one-of-a-kind Milwaukee experience. Recent openings have reinforced the area’s reputation, while new developments promise to elevate the district’s allure even further.

Customer Demographics and Foot Traffic

The Third Ward attracts a diverse and affluent customer base, inc

New Developments

The Third Ward’s growth trajectory is fueled by significant investments and forward-thinking projects such as Hines Mixed-Use Property – which set to introduce new retail and residential spaces, promising to enhance the district’s appeal and draw additional foot traffic