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Abs NNN Automotive Retail Property
For Sale
$2,078,894

1951 E Main St, Waukesha, WI 53186

For sale with an absolute NNN lease featuring 1.5% annual increases.

Property SizeContact for details
Days on Market135

Property Features for 1951 E Main St

General Information

Standard status Active
Property subtype Commercial
Lease Term ±6.75 YRS

Additional Details

Cap Rate 7%

Building Details

Year Built 1993
Listing Agency: Matthews Real Estate Investment Services | Dallas
Listed By: Josh Bishop · License #688810 (TX)
Source: Matthews
Added: Apr 24 Changed: Sep 4 Last Checked: Aug 31 at 12:42PM

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 Matthews Real Estate Investment Services | Dallas

Investment Insights

Based on property information with market context.

This property is being offered for sale as an absolute NNN leased asset. The lease includes 1.5% annual increases and is described as an absolute NNN structure in the listing remarks.

The property address is 1951 E Main St in Waukesha, Wisconsin 53186.

The asset is categorized under NNN and automotive-related specialty property types, and it is listed as a retail-oriented automotive property for investment consideration.

Key Highlights

  • Absolute NNN lease in place
  • Lease includes 1.5% annual increases

Property Analytics

Current Use

Valvoline Instant Oil ... Auto Repair Shop

Suggested Use

Top Pick Restaurant Law Firm Parking Lot & Garage Hair Salon Garden Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

Demographics for 53186, WI

32,332
Population
15,066
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,566
Density / Sq Mi
$74,596
Median Household Income
$42,007
Median Earnings
$1,180
Median Rent
$277,800
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?
NNN property - For sale with an absolute NNN lease featuring 1.5% annual increases.
Where is this nnn property located?
The property is located at 1951 E Main St Waukesha, WI.
What is the asking price?
The asking price for this property is $2,078,894.
What are key features of this property?
This property features: Absolute NNN lease in place; Lease includes 1.5% annual increases
More about this property
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