Modern Retail Condo
8949 N Deerbrook Trl Brown Deer, WI 53223
For Sale
$559,999
For sale retail condo suite in a new business condo community, offering 2,810 sq. ft. of modern space.
Property Size2,810 SF
Price / SF$199.29
Days on Market133
Property Features for 8949 N Deerbrook Trl
General Information
Standard status
Active
Size
2,810 SF
Listing Agency:
First Weber Inc -NPW
(262) 307-1440
Listed By:
Rachel Greer · License #97647-94
(262) 307-1440
Source:
Exprealty
Added: Mar 20
Changed: Jul 26
Last Checked: Jul 29 at 6:06PM
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 First Weber Inc -NPW
Investment Insights
Based on property information with market context.
This for-sale retail condo suite is part of a new business condo community and provides a modern, ready-to-operate layout totaling 2,810 sq. ft. The space is being marketed as a strong fit for a beauty salon owner or an investor looking to secure an initial lease structure.
Located at 8949 N Deerbrook Trl in Brown Deer, WI, the property is positioned near a cluster of recent development mentioned in the listing, including Potawatomi’s Fireside Market, a new sports complex, Target’s newest location, and Village 43 apartments.
The offering presents a straightforward way to acquire a single retail unit within the condo community, with the size and positioning intended to support neighborhood commercial traffic.
Located at 8949 N Deerbrook Trl in Brown Deer, WI, the property is positioned near a cluster of recent development mentioned in the listing, including Potawatomi’s Fireside Market, a new sports complex, Target’s newest location, and Village 43 apartments.
The offering presents a straightforward way to acquire a single retail unit within the condo community, with the size and positioning intended to support neighborhood commercial traffic.
Key Highlights
- For sale retail condo suite in a new business condo community
- Offers 2,810 sq. ft. of modern space
- Designed for a beauty salon owner or investor
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 | $42.2k | $15.00 |
| − Vacancy | −$1.5k | −$0.54 |
| EGI | $40.6k | $14.46 |
| − OpEx | −$12.2k | −$4.34 |
| NOI | $28.4k | $10.12 |
2,810 SF · lease $15.00/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$406.3K
$355.5K – $474.1K
NOI $28,443 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$666.4K
$583.1K – $777.4K
NOI $46,645 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail condo suite in a new business condo community, offering 2,810 sq. ft. of modern space.
Where is this retail space located?
The property is located at 8949 N Deerbrook Trl Brown Deer, WI.
What is the asking price?
The asking price for this property is $559,999.
What are key features of this property?
This property features: For sale retail condo suite in a new business condo community; Offers 2,810 sq. ft. of modern space; Designed for a beauty salon owner or investor
