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    N88w15559 Main St Menomonee Falls, WI 53051

    For Lease
    Contact for pricing

    Menomonee Falls retail space, prime location.

    Lot size:
    19,515 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity presents a 3,155 square foot junior anchor box space within the vibrant Pilgrim Village shopping center in Waukesha County, Wisconsin. Previously occupied by a Walmart Neighborhood Market, this property boasts two convenient rear loading docks, ensuring efficient operations. The space is strategically positioned to benefit from the upcoming anchor tenant, Planet Fitness, further enhancing its appeal and drawing significant foot traffic. Its location within a half-mile radius of White Stone Station, a substantial 250,000 square foot mixed-use development anchored by Costco, provides unparalleled access to a large and diverse customer base. The property's proximity to major thoroughfares, including Pilgrim Road, Main Street, and the I-41 on/off ramps, guarantees excellent visibility and accessibility. The entire Pilgrim Village center encompasses 19,515 square feet, offering a strong retail environment. This single-tenant space represents a rare opportunity to establish a thriving business in a high-traffic, well-established commercial area of Menomonee Falls. The combination of a strong anchor tenant, convenient location, and ample space makes this property an ideal investment for discerning businesses seeking a prominent presence in a thriving community.

    Property Features for N88w15559 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,515 SF

    Unit(s) available at that property

    Space
    Size
    3,155 SF

    HighLights

    • Retail space, 3,155 square feet, single tenant occupancy.
    • Former Walmart Neighborhood Market with two rear loading docks.
    • Anchored by Planet Fitness.
    • Rare junior anchor opportunity in Menomonee Falls, within 0.5 miles of White Stone Station.
    • Located near White Stone Station, a 250,000 square foot mixed‑use development anchored by Costco.
    • Excellent access to Pilgrim Road, Main Street, and I‑41 on/off ramps.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1026685
    Latitude
    43.1778777

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    FAQs

    What type of property is this?
    Retail property - Menomonee Falls retail space, prime location.
    Where is this retail property located?
    The property is located at N88w15559 Main St Menomonee Falls, WI.
    What are key features of this property?
    This property features: Retail space, 3,155 square feet, single tenant occupancy.; Former Walmart Neighborhood Market with two rear loading docks.; Anchored by Planet Fitness.
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    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
    N88w15559 Main St Menomonee Falls, WI 53051
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