Retail Space with 4,308
11617 W Bluemound Rd Wauwatosa, WI 53226
11617 W Bluemound Rd, Wauwatosa, WI, 53226
Contact for pricing
For Sale
Contact for pricing
For sale retail space totaling 4,308 square feet.
Property Size4,308 SF
Price / SF$162.49
Days on Market118
Property Features for 11617 W Bluemound Rd
General Information
- Standard status
- Active
- Size
- 4,308 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1977
Listing agency
Anderson Commercial Group
(414) 425-2700
Listed by
JESSE GOODDEN · License #WI113530-94
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 1:08PM Checked: Jul 21 at 1:08PM
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 Anderson Commercial Group
Investment Insights
Based on property information with market context.
The property is a for-sale retail space totaling 4,308 square feet. It is suited for businesses looking for a dedicated retail footprint.
The offering is located at 11617 W Bluemound Rd in Wauwatosa, Wisconsin.
The offering is located at 11617 W Bluemound Rd in Wauwatosa, Wisconsin.
Key Highlights
- Retail space for sale totaling 4,308 SF
- Year built: 1977
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.0k | $24.84 |
| − Vacancy | −$28.5k | −$6.61 |
| EGI | $78.5k | $18.23 |
| − OpEx | −$19.6k | −$4.56 |
| NOI | $58.9k | $13.67 |
4,308 SF · lease $24.84/SF/yr · vacancy 26.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$841.6K
$736.4K – $981.8K
NOI $58,909 @ 7.0% cap · market cap 8.42%
Second Best
Retail
$622.9K
$545.1K – $726.8K
NOI $43,606 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.02M
$893.9K – $1.19M
NOI $71,511 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For sale retail space totaling 4,308 square feet.
Where is this retail space located?
The property is located at 11617 W Bluemound Rd Wauwatosa, WI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Retail space for sale totaling 4,308 SF; Year built: 1977
