Retail Space in Shopping
New
For Sale
Contact for pricing
7822 W Capitol DRIVE 1, Milwaukee, WI 53222
The west suite is configured for retail, office, restaurant, professional service, or special-purpose use.
Property Size1,500 SF
Price / SF$2.00
Days on Market3
Property Features for 7822 W Capitol DRIVE 1
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Business
Site & Location
Neighborhood
Arlington Gardens
Taxes and HOA fees
Annual Taxes
$18,085
Building Details
Building Size
1,500 SF
Year Built
2001
Listing Agency:
Bear Realty Of Burlington
Listed By:
Marc Chapdelaine
(262) 757-3136
Source:
Prolificrealtygroup
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:03AM
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 Bear Realty Of Burlington
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Investment Insights
Based on property information with market context.
This 1,500-square-foot retail suite is the west unit in a shopping center. Built in 2001, the space is identified as Unit 1. The property information describes potential uses including retail, office, restaurant, professional services, and special-purpose applications.
Key Highlights
- 1,500‑square‑foot west unit, identified as Unit 1
- Shopping center property built in 2001
- Uses listed include retail, office, restaurant, professional services, and special‑purpose applications
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,734
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,680
$314.7K
Cap Rate 7%
$224,771
$224.8K
Cap Rate 9%
$174,822
$174.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$24.3K $16.20/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$22.5K $14.99/SF
− OpEx
−$6.7K −$4.50/SF
NOI
$15.7K $10.49/SF
Area
Milwaukee, WI
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,680
Cap Rate 7%
$224,771
Cap Rate 9%
$174,822
Alternative Uses
Best Use
Retail
$224.8K
$196.7K – $262.2K
NOI $15,734 @ 7.0% cap · market cap 524.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.5K
$315.4K – $420.5K
NOI $25,232 @ 7.0% cap · market cap 841.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Explore this area
Business Placement
Demographics for 53222, WI
25,422
Population
11,765
Households
2.2
Avg Household Size
37
Median Age
44%
College-Educated
96%
High-School Grad
5.4 sq mi
ZIP Area
4,708
Density / Sq Mi
$73,523
Median Household Income
$48,029
Median Earnings
$1,026
Median Rent
$202,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Milwaukee, WI
Frequently Asked Questions
What type of property is this?
Retail space - The west suite is configured for retail, office, restaurant, professional service, or special-purpose use.
Where is this retail space located?
The property is located at 7822 W Capitol DRIVE 1 Milwaukee, WI.
What are key features of this property?
This property features: 1,500‑square‑foot west unit, identified as Unit 1; Shopping center property built in 2001; Uses listed include retail, office, restaurant, professional services, and special‑purpose applications
