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    N15W24250 Riverwood Dr Pewaukee, WI 53072

    For Lease
    $15 SF/Yr

    Pewaukee, WI: 142,952 SF Available

    Lot size:
    142,952 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story, 142,952-square-foot office and industrial property in Waukesha County, Wisconsin, presents a unique investment opportunity. Located at N15W24250 Riverwood Drive in Pewaukee, WI 53072, this 13.73-acre site offers convenient access to Interstate 94 and the Milwaukee metro area. Built in 1985, the building features a 16-foot ceiling height and boasts multiple uses, including executive office space, warehouse space, and R&D capabilities. The property includes a significant data center component with raised floors and substantial power capacity (24 Mega Watts), supported by three cooling towers and six emergency generators. The flexible layout allows for spaces ranging from 40,000 to 102,952 contiguous square feet, with a total of 288 parking spaces and two loading docks. The entire 142,952 square feet is currently vacant, providing an ideal opportunity for a single large tenant or multiple smaller tenants. This property offers a rare combination of size, location, and functionality, making it an attractive option for a variety of businesses. The building's former tenant was AT&T, a testament to its high-quality construction and suitability for demanding operational needs. The property is situated within the Riverwood Corporate Center.

    Property Features for N15W24250 Riverwood Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    142,952 SF
    Total Rate
    178690

    Building Details

    Year Built
    1985
    Stories
    2

    Unit(s) available at that property

    Space
    Office Area
    Size
    102,952 SF
    Rate per SF
    $15
    Space
    Tier 3 Data Center
    Size
    40,000 SF
    Rate per SF
    $25

    HighLights

    • 142,952 SF office/industrial building on 13.73 acres in Pewaukee, WI, with convenient I‑94 access.
    • Precast concrete construction with a corrugated metal roof, precast concrete exterior panels, and a ballasted single‑ply EPDM membrane roof system.
    • 24.9 kV power service stepped down to 480/277 volts, plus six diesel generators and a 10,000‑gallon fuel tank for emergency power.
    • Central air conditioning with underfloor VAV system, four centrifugal chillers, and four cooling towers. Data center features a double deluge dry pipe sprinkler system.
    • 16' ceiling height, flexible layout accommodating 40,000‑102,952 contiguous SF, 288 parking spaces, and two loading docks. Currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pewaukee
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2753144
    Latitude
    43.0745082

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    FAQs

    What type of property is this?
    Life science property - Pewaukee, WI: 142,952 SF Available
    Where is this life science property located?
    The property is located at N15W24250 Riverwood Dr Pewaukee, WI.
    What is the lease rate?
    The lease rate is $15-$25 SF/Yr.
    What are key features of this property?
    This property features: 142,952 SF office/industrial building on 13.73 acres in Pewaukee, WI, with convenient I-94 access.; Precast concrete construction with a corrugated metal roof, precast concrete exterior panels, and a ballasted single-ply EPDM membrane roof system.; 24.9 kV power service stepped down to 480/277 volts, plus six diesel generators and a 10,000-gallon fuel tank for emergency power.
    Request Owner's contact information
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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
    N15W24250 Riverwood Dr Pewaukee, WI 53072
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