Waukesha Commercial Property For
20825 Swenson Dr, Waukesha, WI 53186
For Sale
$4,965,000
Commercial property in Waukesha, WI, available for sale.
Property Size15,952 SF
Price / SF$311.25
Days on Market228
Property Features for 20825 Swenson Dr
General Information
Standard status
Size
Class
Property subtype
Properties For Sale
at 20825 Swenson Dr
Available Space
10/01/25
Floor
1st
Size
15,952 SF
Type
Office
Term
Negotiable
Listing Agency:
Milwaukee
(414) 944-2200
Listed By:
Julia Howe · License WI 88244-94
(319) 512-9535
Source:
Property.jll
Added: Mar 27
Changed: Nov 9
Last Checked: Nov 8 at 2:49AM
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 Milwaukee
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Investment Insights
Based on property information with market context.
This commercial property, located in Waukesha, WI, is available for sale. The property encompasses a total area of 41305 square feet and is suitable for retail and industrial purposes.
Key Highlights
- Year Built: 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$226,053
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,521,060
$4.5M
Cap Rate 7%
$3,229,329
$3.2M
Cap Rate 9%
$2,511,700
$2.5M
Market Conditions
NOI Build-Up for 15,952 SF
Gross rent
$335.0K $21.00/SF
− Vacancy
−$12.1K −$0.76/SF
EGI
$322.9K $20.24/SF
− OpEx
−$96.9K −$6.07/SF
NOI
$226.1K $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%
$4,521,060
Cap Rate 7%
$3,229,329
Cap Rate 9%
$2,511,700
Alternative Uses
Best Use
Retail
$3.23M
$2.83M – $3.77M
NOI $226,053 @ 7.0% cap · market cap 4.55%
Second Best
Industrial
$829.8K
$726.1K – $968.1K
NOI $58,087 @ 7.0% cap · market cap 1.17%
Theoretical Best
Flex RnD
$8.14M
$7.12M – $9.50M
NOI $569,900 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail properties & Spaces in Waukesha County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Retail property - Commercial property in Waukesha, WI, available for sale.
Where is this retail property located?
The property is located at 20825 Swenson Dr Waukesha, WI.
What is the asking price?
The asking price for this property is $4,965,000.
What are key features of this property?
This property features: Year Built: 1990
