Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11047-11065 N Port Washington Rd Mequon, WI 53092

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr

    Retail space for lease in affluent Mequon suburb.

    Type:Retail
    Property size:
    865 SF
    Added:
    Nov 22, 2025
    Days on Market:
    137
    Last Refresh:
    Apr 5 at 9:05 pm

    Property Features for 11047-11065 N Port Washington Rd

    General Information

    Standard status
    Active
    Size
    865 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Ben Weiland

    Listing agent Ben Weiland

    Listing office CBRE - Milwaukee

    Listing date Nov 22, 2025

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Milwaukee

    Overview

    Retail Space in Prime Location

    This retail space is located directly across from Mequon Pavilions, situated in the primary retail trade area of Mequon, an affluent north shore suburb of Milwaukee. The suburb has a population of 25,400 and an average household income of $184,250. The property benefits from convenient access to I-43, which experiences an average daily traffic volume of 64,800 vehicles. The property size is 865 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mequon
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.924
    Latitude
    43.2187

    Nearby Similar for Lease

    • $16/mo

      Mequon Office Space for Rent

      Office space available in a preferred Mequon location.
      10345 N Port Washington Rd, Mequon, WI
      View Details
    • Contact for pricing

      Mequon Retail Space with Drive-Through

      2,500 SF retail space with drive-through in Mequon, WI.
      10911 North Port Washington Road, Mequon, WI, 53092
      View Details
    • Contact for pricing

      Retail Space in Mequon Center

      Retail space for lease in high-visibility Mequon location.
      10800 North Port Washington Road, Mequon, WI 53092
      View Details
    • $15/mo

      Mequon First Floor Office Suite

      First floor office suite featuring 11 offices and kitchenette.
      1025 W Glen Oaks Ln, Mequon, WI
      View Details
    • Contact for pricing

      North Shore Office Spaces

      Office spaces available for lease in Mequon's North Shore Area.
      10144 N Port Washington Road, Mequon, WI 53092
      View Details
    • Contact for pricing

      Mequon Storefront Office Space Available

      Storefront office space for lease in Mequon retail corridor.
      10532 North Port Washington Road, Mequon, WI 53092
      View Details
    • $17/mo

      Mequon Office Space Available

      First floor office suite with conference room and ample parking.
      1035 W Glen Oaks Ln, Mequon, WI
      View Details
    • $14/mo

      High-Profile Office Space Available

      Office space in high-traffic Mequon location with ample parking.
      1339-1341 W Mequon Rd, Mequon, WI
      View Details
    • Contact for pricing

      Retail Space in Mequon Corridor

      Retail space with high traffic and convenient amenities for rent.
      10554 North Port Washington Road, Mequon, WI 53092
      View Details
    • $20/mo

      Mequon Office Space For Rent

      Single office suite with shared amenities and ample parking.
      1017 W Glen Oaks Ln, Mequon, WI
      View Details
    • $16/mo

      Mequon Office Suite For Rent

      Office suite featuring four offices, open area, and closet.
      1009 W Glen Oaks Ln, Mequon, WI
      View Details
    • $4/mo

      Mequon Warehouse Space Available

      67,000 SF warehouse space available for sublease in Mequon.
      5401 West Donges Bay Road, Mequon, WI, 53092
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for lease in affluent Mequon suburb.
    Where is this retail space located?
    The property is located at 11047-11065 N Port Washington Rd Mequon, WI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Located directly across from Mequon Pavilions.; Affluent north shore suburb of Milwaukee location.; Average household income of $184,250.
    (414) 274-1650
    We can help!
    Listing Contact
    Ben Weiland
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!