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Multi-Tenant Warehouse with Drive-In Doors
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910 West Sunset Drive, Waukesha, WI 53186

Multi-suite industrial property with drive-in access and annual rent escalations.

Property Size11,000 SF
Price / SF$111.48
Days on Market58

Property Features for 910 West Sunset Drive

General Information

Standard status Active
Size 11,000 SF
Class B
Property subtype Industrial
Lease Type NNN
Investment Type Stabilized

Additional Details

Drive-In Doors 6

Building Details

Year Built 1980
Buildings 1
Tenancy Multi
Listing Agency: Marcus & Millichap - Milwaukee
Listed By: Peyton Mueller · License #112571-94
Source: Crexi
Added: Aug 24 Changed: Oct 16 Last Checked: Oct 19 at 5:24AM

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 Marcus & Millichap - Milwaukee

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Investment Insights

Based on property information with market context.

Built in 1980, this 11,000-square-foot warehouse property is arranged across five suites and occupied by four tenants. Six drive-in doors support individual suite access and accommodate a range of industrial operations.

The property is positioned in a retail-oriented corridor within Waukesha County. Lease terms include annual rent escalations of 3.5%, providing a defined mechanism for scheduled rent growth.

Key Highlights

  • 11,000‑square‑foot warehouse property built in 1980
  • Five suites occupied by four tenants
  • Six drive‑in doors provide suite‑level access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,587
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,740 $971.7K
Cap Rate 7%
$694,100 $694.1K
Cap Rate 9%
$539,856 $539.9K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$60.2K $5.47/SF
− Vacancy
−$3.0K −$0.27/SF
EGI
$57.2K $5.20/SF
− OpEx
−$8.6K −$0.78/SF
NOI
$48.6K $4.42/SF
Area
Waukesha County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,740
Cap Rate 7%
$694,100
Cap Rate 9%
$539,856

Alternative Uses

Best Use
Warehouse
$694.1K
$607.3K – $809.8K (±1% cap)
NOI $48,587 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$5.61M
$4.91M – $6.55M (±1% cap)
NOI $392,985 @ 7.0% cap · market cap 32.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mike's Radiator Service Auto Repair Shop T&H Auto LLC. Auto Repair Shop Paul Terry Services ... Landscaping HD Arms LLC Gun Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Drive-in doors

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Chrisdon Storage & Rentals — Industrial Ln, Waukesha, WI 53189
  • Self Storage On Wheels — s30 w24720, w sunset dr #201, waukesha, wi 53189
  • Late Model Throttle — 525 Progress Ave Suite B, Waukesha, WI 53186
  • StorageMart — S30W24720 W Sunset Dr, Waukesha, WI 53189

Frequently Asked Questions

What type of property is this?
Warehouse - Multi-suite industrial property with drive-in access and annual rent escalations.
Where is this warehouse located?
The property is located at 910 West Sunset Drive Waukesha, WI.
What is the asking price?
The asking price for this property is $1,226,299.
What are key features of this property?
This property features: 11,000‑square‑foot warehouse property built in 1980; Five suites occupied by four tenants; Six drive‑in doors provide suite‑level access
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