640 Vel R. Phillips Avenue, 1st Floor

Milwaukee, WI 53203

Listing ID: 215372
Call for Pricing
For Lease
  • Property Type Retail : Shopping Center
  • Unit Sq Ft 66,125
  • Service Type N/A
Description

Description

For the first time in 120 years, this historic downtown retail space is on the market. With a vibrant mix of commerce and culture, an expanding transit system line, and an eager residential population, HUB640 is offering up fresh opportunities to a revitalized neighborhood.

The area offers a diverse customer base with 15 higher education campuses, 13,000 residential units, 2,000+ hotel rooms and nearby cultural institutions such as the Fiserv Forum, Wisconsin Center, and The Symphony Grand Theater.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population25,564209,470461,531
Population Median Age323335
Population by Age0-9 Yrs874 (3%)27429 (13%)63602 (13%)
10-19 Yrs3931 (15%)29800 (14%)64115 (13%)
20-29 Yrs10403 (40%)51210 (24%)87711 (19%)
30-39 Yrs3971 (15%)32480 (15%)70660 (15%)
40-49 Yrs1634 (6%)21345 (10%)52021 (11%)
50-59 Yrs2031 (7%)20348 (9%)51779 (11%)
60-69 Yrs1503 (5%)15944 (7%)40715 (8%)
70+ Yrs1218 (4%)10914 (5%)30928 (6%)
Median HH Income$50,855$34,669$43,621
Total Household Income< 24K3465 (30%)32668 (38%)56419 (30%)
25-49K2155 (19%)21114 (25%)45821 (24%)
50-74K1479 (13%)12491 (14%)30931 (16%)
75-99K1189 (10%)7062 (8%)19519 (10%)
100-199K2244 (19%)8894 (10%)25602 (13%)
200K+802 (7%)2175 (2%)6582 (3%)
Highest Education LevelNo Diploma12092651944914
Diploma or GED20873306278090
Some College24442417258179
Assoc. Degree1000675018794
Bachelors Degree53722292957095
Higher Degree33091316134923
Total Housing Units13,10198,920208,565
--Owner-Occupied2,16522,04674,173
--Renter-Occupied9,17062,358110,700
Owner-Occupied Values< 100K90986021976
100-199K549650930054
200-299K636300811648
300-399K34212204988
400-499K2225282063
500K+3269213444
Total Working Age Population24,320166,095361,604
In Work Force14,886106,334236,191
Not In Work Force9,43459,761125,413
Workforce Employed14,35899,294221,693
Workforce Unemployed5207,00614,411
Civlian Workforce14,878106,300236,104
Military Workforce83487
Total Households11,33584,404184,874
Family Households2,68835,91493,799
Non-Family Households8,64748,49091,075
Married Couple1,75817,34851,928
Other Family92918,56641,870
Married w/Child2067,12721,576
Single Male w/Child1472,2335,366
Single Female w/Child4619,44920,203

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Wisconsin5,363,675+65,686,986+66,005,080+66,375,910
Milwaukee County940,164+1947,735+3972,610+1980,450

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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