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Retail Space in Northfield Center
For Lease
$17 SF/Yr

12605 W North Ave, Brookfield, WI 53005

Retail space with high visibility and ample parking.

Space SizeContact for details
Days on Market148

Property Features for 12605 W North Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE, Inc.
Listed By: Devin Tessmer
Source: Cbre
Added: Mar 25 Changed: Aug 13 Last Checked: Aug 19 at 7:47AM

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.

The Northfield Shopping Center is situated across from Elmbrook Plaza, a neighborhood retail center anchored by Kohl’s. The property benefits from high visibility along North Avenue and offers ample parking. Current co-tenants include The UPS Store, Soccer World, Evolve Physical Therapy, Midwest Aquaculture, and Livingwell Home Care. The available space is suitable for retail or commercial use. The property has a size of 1240 square feet.

Key Highlights

  • Great visibility along North Avenue.
  • Ample parking.
  • Located across from Elmbrook Plaza.

Property Analytics

Current Use

The UPS Store Courier Service North Avenue Appliance ... Home Appliance Store StaffWerks (Bike/Boat/Book/etc) Store ShieldCase Store Electronics & Wireless Store WAAGR Pet Adoption Service

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Auto Parts Store Pharmacy Kitchen & Bath Showroom

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 51% Dining 28% Shops & Services 20% Groceries 1%
Kohl's Apparel
50,446 visits/mo 0.2 miles
McDonald's Dining
20,963 visits/mo 0.2 miles
Mobil Shops & Services
6,109 visits/mo 0.1 miles
George Webb Restaurants Dining
5,048 visits/mo 0.2 miles
The UPS Store Shops & Services
4,265 visits/mo 0.0 miles

Demographics for 53005, WI

21,433
Population
8,744
Households
2.5
Avg Household Size
44
Median Age
62%
College-Educated
98%
High-School Grad
14.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$123,486
Median Household Income
$71,034
Median Earnings
$1,810
Median Rent
$386,300
Median Home Value

Market

Lease Benchmarks for Brookfield, WI

$20.5 /SF/Yr
Avg Asking Price
$12–$35 /SF/Yr
Price Range
6,771 SF
Avg Space Size

This space is priced 17% below the average of $20.5 /SF/Yr.

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?
Shopping center - Retail space with high visibility and ample parking.
Where is this shopping center located?
The property is located at 12605 W North Ave Brookfield, WI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Great visibility along North Avenue.; Ample parking.; Located across from Elmbrook Plaza.
More about this property
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