Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Sunset Dr & Oakdale Dr Waukesha, WI 53189

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic shopping center; spaces available.

    Lot size:
    331,541 SF

    Property Features for 0 Sunset Dr & Oakdale Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    331,541 SF

    Building Details

    Year Built
    2012

    Spaces For Lease

    at 0 Sunset Dr & Oakdale Dr, Waukesha, WI 53189 Contact us

    We can help!

    Listing Contact
    Emily Smits
    Emily Smits

    Listing Agent: Emily Smits

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Shoppes at Fox River presents a prime retail opportunity in Waukesha County. This 331,541 square foot shopping center, built in 2012, offers multiple tenancy options with a minimum divisible space of 2,200 square feet and a maximum contiguous space of 42,000 square feet. Currently, seven spaces are available, ranging in size from 1,700 to 42,000 square feet, providing flexibility for various retail businesses. The center boasts a high-traffic location, further enhanced by a newly constructed bypass intersecting with Sunset Drive just half a mile west, significantly increasing traffic flow to the area. Beyond the existing spaces, a compelling future development opportunity exists. A mid-box development site, offering up to 15,000 square feet of build-to-suit space, is available adjacent to a Hobby Lobby, ensuring high visibility and synergy with an established anchor tenant. This exceptional location, combined with the available spaces and future development potential, makes The Shoppes at Fox River an unparalleled investment opportunity in a thriving retail market. The property consists of five total suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2571191
    Latitude
    42.9883183

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Waukesha

      Meet, work or collaborate in our professional Dulles Corner business center
      N19W24400 Riverwood Dr, Waukesha, WI 53188
      View Details
    • Contact for pricing

      WI, Waukesha - 259 W Broadway

      Discover many ways to work your way in San Antonio Airport
      259 Broadway, Waukesha, WI 53186
      View Details
    • $11 SF/Yr
      1,200 SF

      Waukesha Office Space For Rent

      Office space for rent with building signage available.
      23131 Paul Rd, Waukesha, WI
      View Details
    • $18 SF/Yr
      3,000 SF

      Waukesha County Office Space

      Office space with easy I-94 access and high visibility.
      W239 Busse Rd, Waukesha, WI 53146
      View Details
    • Contact for pricing

      Modern Commercial Space in Waukesha

      Like-new commercial property with flexible floor plans and ample parking.
      N8 Johnson Dr, Waukesha, WI 53186
      View Details
    • $11 SF/Yr
      953 SF

      Modern Office Space Available

      Multi-tenant office space with modern common areas and parking.
      23755 Stone Ridge Dr, Waukesha, WI 53146
      View Details
    • $16 SF/Yr
      4,280 SF

      Commercial Kitchen and Flex Space

      Commercial kitchen and flex space available for rent.
      1930 West Bluemound Rd, Waukesha, WI 53186
      View Details
    • $17 SF/Yr
      2,675 SF

      Waukesha Office Space Available

      Office space available for lease in Waukesha, Wisconsin.
      2831 N Grandview Blvd, Waukesha, WI 53188
      View Details
    • Contact for pricing
      19,106 SF

      Class A Office Building

      Class A office building with I-94 access and signage.
      24130 Riverwood Dr, Waukesha, WI 53146
      View Details
    • Contact for pricing
      3,000 SF

      High-Traffic Drive-Thru Location

      High-visibility drive-thru location with 148,700 vehicles per day.
      1400 Westwood Dr, Waukesha, WI 53146
      View Details
    • $4 SF/Yr
      14,000 SF

      Waukesha Functional Shop Space

      Functional shop space near downtown Waukesha with overhead door.
      1250 Lincoln Ave, Waukesha, WI 53186
      View Details
    • $5 SF/Yr
      18,000 SF

      Waukesha Warehouse with Drive-In Access

      Warehouse space near downtown Waukesha with convenient highway access.
      515 Frederick St, Waukesha, WI 53186
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center; spaces available.
    Where is this lifestyle center located?
    The property is located at Sunset Dr & Oakdale Dr Waukesha, WI.
    What are key features of this property?
    This property features: High-traffic shopping center with new retail space available.; Future mid-box development opportunity (up to 15,000 SF build-to-suit) next to Hobby Lobby.; Newly constructed bypass improves traffic flow to the center.
    (414) 935-6009 Call to check price and availability
    Request Owner's contact information
    Sunset Dr & Oakdale Dr Waukesha, WI 53189
    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.
    Sunset Dr & Oakdale Dr
    Waukesha, WI 53189
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Sunset Dr & Oakdale Dr Waukesha, WI 53189
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Emily Smits
    Emily Smits
    Real Estate License ID: 9450994
    (414) 935-6009
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!