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Fully Leased Flex Space
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161 Horizon Dr, Verona, WI 53593

Condominium association oversees exterior maintenance for the units.

Property Size6,000 SF
Days on Market144

Property Features for 161 Horizon Dr

General Information

Standard status Active
Size 6,000 SF
Property subtype Industrial, Retail
Occupancy 100%

Additional Details

Asking Price $599,000

Building Details

Year Built 2003
Owner Occupied No
Listing Agency: Helm Commercial Real Estate Inc
Listed By: Robert Helm · License #WI 90-26994
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 8:51AM

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 Helm Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

Located at 161 Horizon Drive in Verona, Wisconsin, this offering comprises commercial condominium units totaling about 6000 SF. Classified as flex space, the property includes office, retail, and industrial uses within the building.

Constructed in 2002-03, the property is currently fully leased. Verona Contractors Condominiums is managed by a condominium association that handles exterior maintenance, reducing the owner’s responsibility for that portion of the property. The units are available as an investment holding or for future owner occupancy.

Key Highlights

  • About 6000 SF of commercial condominium space
  • Currently fully leased
  • Constructed in 2002‑03

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Mad City Chefs 1200 E Verona Ave, Verona, WI 53593

Frequently Asked Questions

What type of property is this?
Flex space - Condominium association oversees exterior maintenance for the units.
Where is this flex space located?
The property is located at 161 Horizon Dr Verona, WI.
What are key features of this property?
This property features: About 6000 SF of commercial condominium space; Currently fully leased; Constructed in 2002‑03
More about this property
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