N19W24101 Riverwood Drive Waukesha, WI 53188
Modern office building in Waukesha, WI, with flexible floor plan.
- Added:
- Jan 27, 2026
- Days on Market:
- 165
- Last Refresh:
- Apr 5 at 11:27 pm
Property Features for N19W24101 Riverwood Drive
General Information
- Standard status
- Active
- Size
- 28,600 SF
- Property subtype
- Office
Listing office Newmark - Milwaukee (414) 659-8062
Listing date Jan 27, 2026
Source Nmrk
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All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Milwaukee
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Waukesha location
- 28,600 SF building with 3 units
- Zoned B‑4 for Office/Commercial use
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $710.4k | $24.84 |
| − Vacancy | −$181.0k | −$6.33 |
| EGI | $529.4k | $18.51 |
| − OpEx | −$132.4k | −$4.63 |
| NOI | $397.1k | $13.88 |