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Retail Suite with Private Entry
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115 Kettle Moraine Drive S S, Slinger, WI 53086

New construction provides a flexible retail setting within a mixed-use property with on-site residences.

Property Size1,372 SF
Price / SF$0.01
Days on Market6

Property Features for 115 Kettle Moraine Drive S S

General Information

Standard status Active
Size 1,372 SF
Property subtype Commercial
Zoning COM

Additional Details

Highway Access Yes

Building Details

Building Size 1,372 SF
Year Built 2026
Listing Agency: Lake Country Flat Fee
Listed By: Joseph Jewell · License #5958290
Source: Coactionrealestate
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:55PM

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 1,372-square-foot retail space was built in 2026 and has a private entrance. Its blank-slate condition gives the next occupant flexibility in configuring the interior. The property is zoned COM, and street parking is available.

The mixed-use property includes three levels of apartments above the commercial space and townhomes behind it, with 41 residential units in total. A personal service tenant is also secured in the building. Restaurants, bars, and shops are within walking distance, and highways and major conveniences are readily accessible.

Key Highlights

  • 1,372‑square‑foot retail space built in 2026
  • Private entrance and blank‑slate interior
  • COM zoning

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 (±1% cap)
NOI $16,665 @ 7.0% cap · market cap 104,156.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.2K
$330.0K – $440.1K (±1% cap)
NOI $26,403 @ 7.0% cap · market cap 165,018.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - New construction provides a flexible retail setting within a mixed-use property with on-site residences.
Where is this retail space located?
The property is located at 115 Kettle Moraine Drive S S Slinger, WI.
What are key features of this property?
This property features: 1,372‑square‑foot retail space built in 2026; Private entrance and blank‑slate interior; COM zoning
More about this property
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