Retail Property for
For Sale
$16,950,000
19555 West Bluemound Road, Brookfield, WI 53045
Retail property offered for sale at 19555 West Bluemound Road in Brookfield, Wisconsin.
Property Size108,000 SF
Days on Market129
Property Features for 19555 West Bluemound Road
General Information
Standard status
Active
Size
108,000 SF
Property subtype
Retail
Building Details
Building Size
108,000 SF
Year Built
1985
Listing Agency:
Newmark
Listed By:
Karen Johnson · License #57046
Source:
Commercialcafe
Added: Jun 23
Changed: Oct 25
Last Checked: Oct 28 at 5:21AM
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 Newmark
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a retail property for sale located at 19555 West Bluemound Road in Brookfield, WI 53045.
Additional property details, including layout, size, and specific improvements, were not provided in the information available.
Interested buyers should contact the listing agent for current marketing materials and any available due diligence items.
Additional property details, including layout, size, and specific improvements, were not provided in the information available.
Interested buyers should contact the listing agent for current marketing materials and any available due diligence items.
Key Highlights
- Retail property at 19555 West Bluemound Road in Brookfield, Wisconsin
- Built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,530,446
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$30,608,920
$30.6M
Cap Rate 7%
$21,863,514
$21.9M
Cap Rate 9%
$17,004,956
$17.0M
Market Conditions
NOI Build-Up for 108,000 SF
Gross rent
$2.27M $21.00/SF
− Vacancy
−$81.6K −$0.76/SF
EGI
$2.19M $20.24/SF
− OpEx
−$655.9K −$6.07/SF
NOI
$1.53M $14.17/SF
Area
Waukesha County, WI
Vacancy
3.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$30,608,920
Cap Rate 7%
$21,863,514
Cap Rate 9%
$17,004,956
Alternative Uses
Best Use
Retail
$21.86M
$19.13M – $25.51M
NOI $1,530,446 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$55.12M
$48.23M – $64.31M
NOI $3,858,403 @ 7.0% cap · market cap 22.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
236k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 43%
Dining 14%
Electronics 13%
Groceries 12%
Von Maur
Apparel
48,882 visits/mo
0.4 miles
Best Buy
Electronics
30,737 visits/mo
0.1 miles
Aldi
Groceries
26,077 visits/mo
0.0 miles
lululemon athletica
Apparel
18,322 visits/mo
0.4 miles
Silverspot Cinema
Leisure
17,198 visits/mo
0.3 miles
Demographics for 53045, WI
23,651
Population
10,061
Households
2.4
Avg Household Size
45
Median Age
62%
College-Educated
98%
High-School Grad
14.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$116,541
Median Household Income
$62,417
Median Earnings
$1,867
Median Rent
$443,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property offered for sale at 19555 West Bluemound Road in Brookfield, Wisconsin.
Where is this retail space located?
The property is located at 19555 West Bluemound Road Brookfield, WI.
What is the asking price?
The asking price for this property is $16,950,000.
What are key features of this property?
This property features: Retail property at 19555 West Bluemound Road in Brookfield, Wisconsin; Built in 1985
