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
    The Largest CRE Database in the US with Over 1 Million Listings

    Mequon Rd Germantown, WI 53022

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Neighborhood shopping center; two spaces available.

    Lot size:
    106,650 SF

    Property Features for 0 Mequon Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    106,650 SF

    Building Details

    Stories
    1

    Spaces For Lease

    at 0 Mequon Rd, Germantown, WI 53022 Contact us

    We can help!

    Listing Contact
    Andrew Prater
    Andrew Prater

    Listing Agent: Andrew Prater

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

    Learn more

    Overview

    Germantown Marketplace offers 106,650 square feet of retail space in a prime Germantown location. This single-story center features fifteen suites, with two currently available, ranging from 1,795 to 3,400 contiguous square feet. A total of 5,195 square feet is currently vacant. The property is situated along Germantown's main retail corridor, offering excellent visibility and accessibility. Its convenient location combines a small-town atmosphere with easy access to Milwaukee and surrounding suburbs. The center benefits from a strong anchor tenant, Pick 'n Save grocery, ensuring consistent traffic and a desirable shopping environment. Its strategic placement along Mequon Road provides convenient access to the Germantown Industrial Park, Germantown High School, and Highways 45/41, maximizing exposure to a diverse customer base. The minimum divisible space is 1,795 square feet, making it ideal for a variety of retail businesses. This thriving neighborhood shopping center presents a compelling opportunity for businesses seeking high visibility and a strong customer base in a growing community. The property is categorized as a neighborhood, drive-thru retail center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Germantown
    County
    Washington
    State
    Wisconsin
    Longitude
    -88.110207099373
    Latitude
    43.221778241614

    Nearby Similar for Lease

    • $9 SF/Yr
      5,100 SF

      Germantown Commercial Space For Rent

      5,100 SF commercial space suitable for various uses.
      N96w15508 County Line Rd, Germantown, WI 53022
      View Details
    • $15 SF/Yr
      3,380 SF

      Germantown Office Space Available

      Office space for rent featuring in-suite kitchen and restrooms.
      N96 Division Rd, Germantown, WI 53022
      View Details
    • $18 SF/Yr
      1,602 SF

      Retail Space in Germantown Center

      Retail space available in Germantown's Sendik's Food Market center.
      15800 Mequon Rd, Germantown, WI 53022
      View Details
    • $5 SF/Yr
      15,805 SF

      Industrial Space Near I-41

      Functional industrial space with dock and grade-level loading.
      W190 Carnegie Dr, Germantown, WI 53022
      View Details
    • Contact for pricing
      291,140 SF

      Industrial Space Near I-41 Interchange

      Industrial property in Germantown, WI, near I-41 interchange.
      N128 Holy Hill Rd, Germantown, WI 53022
      View Details
    • Contact for pricing
      70,000 SF

      Corner Location Industrial Property

      Industrial property with build-to-suit options at prime corner location.
      11927 Maple Rd, Germantown, WI 53022
      View Details
    • $16 SF/Yr
      204 SF

      Germantown Office Space for Rent

      Office space with Class A finishes and ample parking.
      W175 Stonewood Dr, Germantown, WI 53022
      View Details
    • Contact for pricing
      4,312 SF

      Medical Suite in Germantown

      Former medical suite available for rent in Germantown, Wisconsin.
      11100 Klienmann Dr, Germantown, WI
      View Details
    • Contact for pricing
      12,569 SF

      Germantown Warehouse Space for Lease

      Warehouse space in Germantown, WI, with flexible layout options.
      N132 Rockfield Rd, Germantown, WI 53022
      View Details
    • Contact for pricing
      2,290 SF

      Germantown Retail Space Available

      Retail space available for lease in Germantown, Wisconsin.
      19062-19180 County Line Rd, Germantown, WI 53022
      View Details
    • Contact for pricing
      200,000 SF

      Germantown Warehouse Build-to-Suit Opportunity

      Customizable warehouse space with highway access in Germantown, Wisconsin.
      Holy Hill Rd, Germantown, WI 53022
      View Details
    • Contact for pricing
      111,822 SF

      Germantown Climate-Controlled Warehouse Facility

      Clean, climate-controlled warehouse with loading capacity and outside storage.
      W194 Mccormick Dr, Germantown, WI 53022
      View Details

    FAQs

    What type of property is this?
    Retail property - Neighborhood shopping center; two spaces available.
    Where is this retail property located?
    The property is located at Mequon Rd Germantown, WI.
    What are key features of this property?
    This property features: Retail property totaling 106,650 square feet.; Neighborhood shopping center with drive-thru potential.; Multi-tenant building with 15 suites.
    (414) 390-1404 Call to check price and availability
    Request Owner's contact information
    Mequon Rd Germantown, WI 53022
    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.
    Mequon Rd
    Germantown, WI 53022
    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
    Mequon Rd Germantown, WI 53022
    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 Andrew Prater
    Andrew Prater
    Real Estate License ID: 9474791
    (414) 390-1404
    Learn more
    Google sign-in failed. Please try again or use another login method.