New Construction Retail
For Sale
Contact for pricing
115 Kettle Moraine Drive S, Slinger, WI 53086
Newly built retail space with a private entry and blank-slate interior, plus street parking and an existing personal service tenant in the building.
Property Size1,372 SF
Price / SF$0.01
Days on Market180
Property Features for 115 Kettle Moraine Drive S
General Information
Standard status
Active
Size
1,372 SF
Additional Details
Highway Access
Yes
Multifamily Units
41
Amenities
private entry
Building Details
Tenancy
Multi
Listing Agency:
Lake Country Flat Fee
(262) 567-5700
Listed By:
Joseph Jewell · License #5958290
(262) 305-0346
Source:
Exprealty
Added: Apr 29
Changed: Oct 16
Last Checked: Oct 24 at 11:38PM
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 Lake Country Flat Fee
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Investment Insights
Based on property information with market context.
This newly constructed retail suite in The Apex offers a private entry and a blank-slate interior suited to a wide range of retail concepts. The space is configured for tenant customization and is complemented by convenient street parking for customer access.
The building also includes residential components, with three levels of apartments above and townhomes behind totaling 41 residential units on the property. A personal service tenant is already secured within the building, creating an active mix of uses at the site.
The building also includes residential components, with three levels of apartments above and townhomes behind totaling 41 residential units on the property. A personal service tenant is already secured within the building, creating an active mix of uses at the site.
Key Highlights
- 1,372 sqft newly built commercial space in The Apex on Kettle Moraine Dr S. in Slinger
- Includes a private entry and a blank‑slate interior suitable for a wide variety of uses
- Convenient street parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,665
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,300
$333.3K
Cap Rate 7%
$238,071
$238.1K
Cap Rate 9%
$185,167
$185.2K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$24.7K $18.00/SF
− Vacancy
−$889 −$0.65/SF
EGI
$23.8K $17.35/SF
− OpEx
−$7.1K −$5.21/SF
NOI
$16.7K $12.15/SF
Area
Washington County, WI
Vacancy
3.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,300
Cap Rate 7%
$238,071
Cap Rate 9%
$185,167
Alternative Uses
Best Use
Retail
$238.1K
$208.3K – $277.8K
NOI $16,665 @ 7.0% cap · market cap 111,100.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.2K
$330.0K – $440.1K
NOI $26,403 @ 7.0% cap · market cap 176,020.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
41
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 53086, WI
9,209
Population
4,003
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
98%
High-School Grad
21.5 sq mi
ZIP Area
428
Density / Sq Mi
$105,539
Median Household Income
$55,291
Median Earnings
$1,073
Median Rent
$363,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Newly built retail space with a private entry and blank-slate interior, plus street parking and an existing personal service tenant in the building.
Where is this retail space located?
The property is located at 115 Kettle Moraine Drive S Slinger, WI.
What are key features of this property?
This property features: 1,372 sqft newly built commercial space in The Apex on Kettle Moraine Dr S. in Slinger; Includes a private entry and a blank‑slate interior suitable for a wide variety of uses; Convenient street parking available
