Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    High-Visibility Flex Retail-Office Title is generated by Realmo AI

    35 N Walker Way, Sun Prairie, WI 53590

    View on Map
    Claim this Listing
    For Lease
    $70,272

    Automotive,Beauty/barber,Grocery,Industrial,Manufacturing,Office,Other,Retail,Shopping center/StripMall,Warehouse,Wholesale

    Added:
    May 20, 2026
    Days on Market:
    19
    Last Refresh:
    Jun 7 at 1:06 am

    Property Features for 35 N Walker Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Overhead doors, Private Restrooms, Reception area, Display window, Inside storage
    Exterior features
    Truck dr(s) 15ft or lower, Signage available
    Standard status
    Active
    APN
    0811-071-8620-0

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    11672

    Utilities

    Heating system
    Forced Air, Radiant

    Building Details

    Year built
    1969
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition, Membrane, Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    David Baehr
    David Baehr

    Listing agent David Baehr

    Listing office American, REALTORS 202 W Main St, Sun Prairie, WI

    Listing date May 20, 2026

    MLS# 2021290 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility flex space in the heart of downtown Sun Prairie, just north of Main Street.
    • Move‑in ready with a 1,500 SF retail/showroom front and a high‑quality office/showroom buildout.
    • Expansive 4,356 SF warehouse/industrial area in the rear.
    • Suitable for various uses: light manufacturing, contractor shop, vehicle service, distribution, storage, creative studio, or showroom.
    • Features an overhead garage door, on‑site parking, and durable concrete slab floors.
    • Vacant, clean, and ready for immediate occupancy.

    Overview

    This high-visibility flex property offers a practical, mixed-use configuration designed for a single-tenant operation. A 1,500 SF retail/showroom front includes a full, high-quality office/showroom buildout that is described as move-in ready. The rear provides an expansive 4,356 SF warehouse/industrial area, supported by durable concrete slab floors and overhead garage door access. The space is vacant, clean, and ready for immediate occupancy, with clear heights approximately 12–14 feet to accommodate a range of operational requirements.

    Located in downtown Sun Prairie, the property is positioned just north of Main Street. The listing highlights strong visibility, on-site parking, and an overall setup that can support both customer-facing showroom needs and back-of-house operational use. Zoning is identified as Commercial.

    The layout is well suited for tenants seeking a combined showroom and shop, including uses such as vehicle service, contractor shop, distribution, storage, or creative studio/showroom operations. Light manufacturing is also supported by the provided clear heights and warehouse/industrial rear area. The owner indicates the space is open to thoughtful tenant build-outs, and potential operators should plan for a workflow that uses the front for sales or client interaction and the rear for warehousing and production-like activity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Five Star Quality ... Hardware & Home Improvement Renz Tile & Floor ... General Contractor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sun Prairie
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.236189
    Latitude
    43.179844

    Nearby Similar for Lease

    • $24,000 SF/Yr

      Move-In Ready Retail/Showroom Space

      Turnkey retail and showroom buildout with customer-facing reception, private office, restroom, and separate entry in a high-visibility corridor.
      31 N Walker Way, Sun Prairie, WI 53590
      View Details
    • $8,340/Mo

      Leasing Suite in Apartment Building

      Move-in ready suite with pre-plumbed plumbing and high-end finishes inside a 56-unit apartment building.
      605 Chase Boulevard, Sun Prairie, WI 53590
      View Details
    • $14 SF/Yr
      1,600 SF

      Retail Space on West Main

      Retail space with drive-up window and dedicated parking.
      1219-1225 W Main St, Sun Prairie, WI
      View Details
    • $8 SF/Yr
      8,162 SF

      Sun Prairie Retail/Warehouse Space

      8,162 SF retail/warehouse space with easy highway access.
      463 Broadway Dr, Sun Prairie, WI
      View Details
    • $15 SF/Yr
      1,862 SF

      Office/Retail Space on Bird Street

      First floor office/retail space with frontage on Bird Street.
      1240 Stonewood Crossing, Sun Prairie, WI 53590
      View Details
    • $17 SF/Yr
      5,250 SF

      Sun Prairie Retail Space Available

      Retail space in busy, high-traffic Sun Prairie shopping center.
      2015-2111 McCoy Rd, Sun Prairie, WI
      View Details
    • $6 SF/Yr
      10,000 SF

      Sun Prairie Warehouse Space Available

      10,000 sq ft warehouse with fenced storage yard.
      540 Linnerud Drive, Sun Prairie, WI, Sun Prairie, WI 53590
      View Details
    • Contact for pricing
      3,300 SF

      Retail Space in Sun Prairie

      Neighborhood shopping center with high visibility and traffic counts.
      5-15 N Bird St, Sun Prairie, WI
      View Details
    • $18 SF/Yr
      6,900 SF

      Sun Prairie Standalone Building For Lease

      6900 sq ft standalone building with cooler/freezer in Sun Prairie.
      730 Craftsman Way, Sun Prairie, WI
      View Details
    • Contact for pricing
      179,526 SF

      Manufacturing and Distribution Facility

      High-quality industrial facility with warehouse and office space in Sun Prairie.
      150 Business Park Dr, Sun Prairie, WI
      View Details
    • Contact for pricing
      1,500 SF

      Prime Retail/Showroom Space Available

      Move-in ready retail/showroom space in Sun Prairie.
      31 N Walker, Sun Prairie, WI 53590
      View Details
    • $18 SF/Yr
      2,472 SF

      Prime Commercial Space on Main

      Versatile retail/office space with high visibility on Main Street.
      920-1010 W Main St, Sun Prairie, WI
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with retail showroom front and rear warehouse area, suited for light manufacturing, service, or distribution needs.
    Where is this flex space located?
    The property is located at 35 N Walker Way Sun Prairie, WI.
    What is the lease rate?
    The lease rate is $70,272.
    What are key features of this property?
    This property features: High‑visibility flex space in the heart of downtown Sun Prairie, just north of Main Street.; Move‑in ready with a 1,500 SF retail/showroom front and a high‑quality office/showroom buildout.; Expansive 4,356 SF warehouse/industrial area in the rear.
    (608) 213-6686
    We can help!
    Listing Contact
    David Baehr
    David Baehr
    Real Estate License ID: 5260990
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35 N Walker Way, Sun Prairie, WI 53590
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!