Back to Search
Mequon Commercial Building For Sale

10040-46 N Port Washington Rd Mequon, WI 53092

Claim this Listing
For Sale
Contact for pricing

High-visibility commercial building with ample parking and modern design.

Type:Retail, Office
Property size:
7,500 SF
Price / SF:
$153/SF
Added:
Apr 9, 2025
Days on Market:
460
Last Refresh:
Jul 5 at 6:27 am

Property Features for 10040-46 N Port Washington Rd

General Information

Standard status
Active
Size
7,500 SF
Property subtype
Retail, Office

Building Details

Year Built
1990

Listing office Outlook Management Group LLC

Listing date Apr 9, 2025

Source Crexi

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 Outlook Management Group LLC


Investment Insights

Based on property information with market context.

This 7,500 square foot commercial building is located right off I-43 and offers high visibility with great traffic counts. The building features a clean and modern design and ample parking. Area retailers include Sendik's, Metro Market, Sears, Home Depot, Panera Bread, US Bank, Bank Mutual and Aurora Healthcare.

Key Highlights

  • High visibility with great traffic counts
  • Right off I‑43
  • Ample parking available

Local Financial Insights For Retail

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 $142.2k $18.96
− Vacancy −$3.7k −$0.49
EGI $138.5k $18.47
− OpEx −$41.6k −$5.54
NOI $97.0k $12.93
7,500 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $96,952 @ 7.0% cap · market cap 8.43%
Second Best
Office B
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,253 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,696 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Real Estate Agency Restaurant Hair Salon Pharmacy Nail Salon Parking Lot & Garage Kitchen & Bath Showroom Auto Repair Shop HVAC Service Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail property - High-visibility commercial building with ample parking and modern design.
Where is this retail property located?
The property is located at 10040-46 N Port Washington Rd Mequon, WI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High visibility with great traffic counts; Right off I‑43; Ample parking available
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message