Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Nec Pilgrim Rd. & Silver Spg Dr Menomonee Falls, WI 53051

    For Lease
    $18 SF/Yr

    Menomonee Falls retail space for lease.

    Lot size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located at the northeast corner of Pilgrim Road and Silver Spring Drive in Menomonee Falls, Wisconsin, 53051. The Pilgrim Spring Marketplace comprises three buildings totaling 28,000 square feet, offering multiple tenancy options within a vibrant commercial area. Currently, 5,913 square feet of retail space is available for lease, divisible into units as small as 996 square feet, with a maximum contiguous space of 2,174 square feet. The property features a total of four suites across the three buildings, providing flexibility for various business needs. This prime location in Waukesha County offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses seeking a strong presence in a thriving community. The property's strategic placement at a major intersection ensures high traffic volume and significant exposure to potential customers. Interested parties are encouraged to inquire about lease terms and available suite configurations to find the perfect fit for their business. This is a rare opportunity to secure retail space in a well-established and highly visible location within a bustling commercial center. Don't miss out on this chance to establish your business in a prime Menomonee Falls location.

    Property Features for 0 Nec Pilgrim Rd. & Silver Spg Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,000 SF
    Total Rate
    42000

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,174 SF
    Rate per SF
    $22
    Space
    Available Space 3
    Size
    1,493 SF
    Rate per SF
    $22
    Space
    Available Space 4
    Size
    1,250 SF
    Rate per SF
    $22
    Space
    Available Space 8
    Size
    996 SF
    Rate per SF
    $22

    HighLights

    • Up to 7,045 square feet of contiguous space available.
    • Lease rate: $18-$22 per square foot, NNN.
    • Three‑building retail center totaling 28,000 square feet.
    • Estimated NNN expenses: $8.03 per square foot.
    • Minimum five‑year lease term.
    • Tenant improvements negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1759136
    Latitude
    43.1195057

    Nearby Similar for Lease

    • $1,400 /Mo
      1,500 SF

      Menomonee Falls Retail/Office Space

      High-visibility Menomonee Falls unit suitable for office or retail.
      N82w15340 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing
      2,128 SF

      Prime Waukesha County Retail Space

      2,128 SF Single-Tenant Retail Available
      0 Nec Pilgrim Rd & Silver Spg Dr, Menomonee Falls, WI 53051
      View Details
    • $18 SF/Yr
      263,729 SF

      Crossroads Shopping Center - Menomonee Falls

      Retail Space Available: High-Traffic Location
      N95 County Line Rd, Menomonee Falls, WI 53051
      View Details
    • $6 SF/Yr
      23,500 SF

      Executive Office & Warehouse Space

      Prime Waukesha County Location, 3,200 SF Available
      W134 4949-4989 Campbell Dr, Menomonee Falls, WI 53051
      View Details
    • $78 SF/Yr
      29,875 SF

      Menomonee Falls Industrial Facility

      29,875 SF Warehouse, I-41 Access
      N60 Kohler Ln, Menomonee Falls, WI 53051
      View Details
    • $17 SF/Yr
      46,371 SF

      Prime Retail Space, Waukesha County

      High-visibility corner store, 4,177 sq ft available.
      n72w12727 Good Hope Rd, Menomonee Falls, WI 53051
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Menomonee Falls retail space for lease.
    Where is this individual retail property located?
    The property is located at Nec Pilgrim Rd. & Silver Spg Dr Menomonee Falls, WI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Up to 7,045 square feet of contiguous space available.; Lease rate: $18-$22 per square foot, NNN.; Three-building retail center totaling 28,000 square feet.
    Request Owner's contact information
    Nec Pilgrim Rd. & Silver Spg Dr Menomonee Falls, WI 53051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nec Pilgrim Rd. & Silver Spg Dr
    Menomonee Falls, WI 53051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nec Pilgrim Rd. & Silver Spg Dr Menomonee Falls, WI 53051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.