Retail Property with High
For Sale
Contact for pricing
2259 Deming Way, Middleton, WI 53562
Retail property near Middleton’s commercial corridor, with strong retail surroundings and immediate access off US Hwy 12/14.
Property Size10,497 SF
Price / SF$256.74
Days on Market211
Property Features for 2259 Deming Way
General Information
Standard status
Active
Size
10,497 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Listing Agency:
CBRE, Inc.
(608) 577-0969
Listed By:
Dina Stetler
(608) 577-0969
Source:
Moodyscre
Added: Jan 6
Changed: Jul 26
Last Checked: Aug 4 at 12:24PM
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.
Available for sale or lease, this retail property is located just off US Hwy 12/14 with immediate access to Middleton’s top commercial corridor and proximity to Greenway Station. The property is positioned for strong visibility along the Beltline.
It is surrounded by national retailers including Costco, Ruth’s Chris Steakhouse, IHOP, Taco Bell, Arby’s, Subway, and Sports Clips. The area also offers convenient access to hospitals, specialty clinics, and West Side Office Park.
Served by the Middleton-Cross Plains Area School District, including Middleton High School, one of the largest and highest performing high schools in the state of Wisconsin.
It is surrounded by national retailers including Costco, Ruth’s Chris Steakhouse, IHOP, Taco Bell, Arby’s, Subway, and Sports Clips. The area also offers convenient access to hospitals, specialty clinics, and West Side Office Park.
Served by the Middleton-Cross Plains Area School District, including Middleton High School, one of the largest and highest performing high schools in the state of Wisconsin.
Key Highlights
- Retail property with exceptional exposure along the Beltline and immediate access off US Hwy 12/14
- Near Greenway Station
- Surrounded by national retailers including Costco, IHOP, Taco Bell, Arby’s, Subway, Sports Clips, and Ruth’s Chris Steakhouse
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.5k | $15.00 |
| − Vacancy | −$13.7k | −$1.31 |
| EGI | $143.8k | $13.70 |
| − OpEx | −$43.1k | −$4.11 |
| NOI | $100.6k | $9.59 |
10,497 SF · lease $15.00/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,629 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.13M – $2.85M
NOI $170,750 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
978
Businesses Nearby
Explore this area
Business Placement
Demographics for 53562, WI
29,092
Population
13,617
Households
2.1
Avg Household Size
40
Median Age
65%
College-Educated
96%
High-School Grad
31.1 sq mi
ZIP Area
935
Density / Sq Mi
$97,241
Median Household Income
$60,688
Median Earnings
$1,394
Median Rent
$495,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property near Middleton’s commercial corridor, with strong retail surroundings and immediate access off US Hwy 12/14.
Where is this retail space located?
The property is located at 2259 Deming Way Middleton, WI.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Retail property with exceptional exposure along the Beltline and immediate access off US Hwy 12/14; Near Greenway Station; Surrounded by national retailers including Costco, IHOP, Taco Bell, Arby’s, Subway, Sports Clips, and Ruth’s Chris Steakhouse
