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Multi-Tenant Flex Industrial Property
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1190 Richards Road, Hartland, WI 53029

Masonry and brick flex space with multiple suites and drive-in access.

Property Size19,200 SF
Price / SF$174.12
Days on Market10

Property Features for 1190 Richards Road

General Information

Standard status Active
Size 19,200 SF
Class B
Property subtype Industrial
Occupancy 100%
Lease Type NNN
Investment Type Stabilized

Additional Details

Drive-In Doors 9

Building Details

Year Built 1997
Year Renovated 2017
Buildings 1
Tenancy Multi
Construction masonry and brick
Listing Agency: Marcus & Millichap - Milwaukee
Listed By: Peyton Mueller · License #112571-94
Source: Crexi
Added: Aug 24 Changed: Aug 31 Last Checked: Aug 31 at 3:08PM

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 Marcus & Millichap - Milwaukee

Investment Insights

Based on property information with market context.

Located at 1190 Richards Road in Hartland, Wisconsin, this 19,200-square-foot flex industrial building was constructed in 1997. Masonry and brick construction supports a multi-suite layout with 10 suites, five tenants, and nine drive-in doors.

The property is 100%-leased and situated in the Waukesha County submarket. Several occupants have remained in place for extended periods and have expanded within the building. Lease agreements include contractual rent escalations, providing defined increases over the lease term.

Key Highlights

  • 19,200‑square‑foot flex industrial building in Hartland, Wisconsin
  • 100%-leased property with 10 suites and five tenants
  • Nine drive‑in doors support suite access and operations

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Repair Shop Garden Center Pharmacy Plumbing Service Skin Care Clinic

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

9
Drive-in doors
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53029, WI

21,239
Population
8,717
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
98%
High-School Grad
37.6 sq mi
ZIP Area
565
Density / Sq Mi
$109,778
Median Household Income
$58,923
Median Earnings
$1,126
Median Rent
$449,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Masonry and brick flex space with multiple suites and drive-in access.
Where is this flex space located?
The property is located at 1190 Richards Road Hartland, WI.
What is the asking price?
The asking price for this property is $3,343,020.
What are key features of this property?
This property features: 19,200‑square‑foot flex industrial building in Hartland, Wisconsin; 100%-leased property with 10 suites and five tenants; Nine drive‑in doors support suite access and operations
More about this property
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