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Verona Retail Space for Lease
For Lease
$22 SF/Yr

503 West Verona Avenue, Verona, WI 53593

New retail spaces available in Verona, WI, with built-in customer base.

Space SizeContact for details
Days on Market158

Property Features for 503 West Verona Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE, Inc.
Listed By: Dina Stetler
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 29 at 7:40AM

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, Inc.

Investment Insights

Based on property information with market context.

Retail space is available for lease at the new Sugar Creek Commons development in Verona, Wisconsin. The property is located within the New Downtown Overlay District on the west side of Verona, near Epic Health Systems, one of Dane County’s largest employers. A landscaped pedestrian plaza is a key feature of the development. The property benefits from a built-in customer base, with 141 market-rate multifamily units in operation above the commercial space. A second phase adding 143 units has been delivered, and Phase III is anticipated for delivery in Spring 2027. Verona High School, with over 1,600 students, is located nearby. Available spaces range from 1,300 to 5,868 square feet. The property was built in 2022 and offers 153 surface parking stalls. Building signage is available. The location benefits from a traffic volume of 14,100 vehicles per day.

Key Highlights

  • Located in Verona's New Downtown Overlay District, near Epic Health Systems and Verona High School (1,600+ students).
  • Built‑in customer base with 141 existing market‑rate multifamily units above the retail space, and 143 additional units planned.
  • New construction (2022) with available space ranging from 1,300 SF to 5,868 SF.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

Demographics for 53593, WI

28,232
Population
12,583
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
99%
High-School Grad
76.2 sq mi
ZIP Area
370
Density / Sq Mi
$135,699
Median Household Income
$74,356
Median Earnings
$1,530
Median Rent
$464,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New retail spaces available in Verona, WI, with built-in customer base.
Where is this retail space located?
The property is located at 503 West Verona Avenue Verona, WI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Located in Verona's New Downtown Overlay District, near Epic Health Systems and Verona High School (1,600+ students).; Built‑in customer base with 141 existing market‑rate multifamily units above the retail space, and 143 additional units planned.; New construction (2022) with available space ranging from 1,300 SF to 5,868 SF.**
More about this property
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