Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Germantown Industrial Space For Lease Title is generated by Realmo AI

    W190N11350 Carnegie Drive, Germantown, WI 53022

    View on Map
    Claim this Listing
    For Lease
    $5 SF/Yr

    Industrial and manufacturing space available for lease in Germantown.

    Type:Industrial - Manufacturing
    Added:
    May 14, 2026
    Days on Market:
    14
    Last Refresh:
    May 14 at 9:44 pm

    Property Features for W190N11350 Carnegie Drive

    General Information

    Standard status
    Active
    Property subtype
    Industrial - Manufacturing

    Building Details

    Year Built
    1974

    Spaces For Lease

    at W190N11350 Carnegie Drive Contact us

    We can help!

    Listing Contact
    David L. Barry

    Listing agent David L. Barry

    Listing office The Barry Company

    Listing date May 14, 2026

    Source Commercialcafe

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

    All listing content including descriptions, pricing, images are the copyrighted material of The Barry Company

    HighLights

    • Industrial and manufacturing space available.
    • Located in Germantown.
    • Space available for lease.
    • Year Built: 1974

    Overview

    This commercial real estate offers industrial and manufacturing space for lease. Located in Germantown, Wisconsin, the property is situated at W190N11350 Carnegie Drive. The listing price is $5.2.
    Location Intelligence

    Current Use by Public Records

    Phoenix Metal Treating ... Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Washington
    State
    Wisconsin
    Longitude
    -88.1464401
    Latitude
    43.2229265

    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
    • $18 SF/Yr
      1,602 SF

      Germantown Retail Center Space Available

      Retail space in Germantown, anchored by Sendik’s and Pet Supplies.
      N112 W15800 Mequon Road, Germantown, WI, 53022
      View Details
    • $20 SF/Yr
      1,067 SF

      Germantown Office Space Available

      Class A office space with immediate highway access and ample parking.
      W178 N9912 Rivercrest Dr, Germantown, WI
      View Details
    • $19 SF/Yr
      1,390 SF

      Germantown Office Space Available

      Class A office space with ample parking and modern amenities.
      W177 N9856-N9886 Rivercrest Dr, Germantown, WI
      View Details
    • $16 SF/Yr
      204 SF

      Germantown Office Space for Rent

      Office space with Class A finishes and ample parking.
      W175 N11117 Stonewood Dr, Germantown, WI
      View Details
    • $17 SF/Yr
      1,550 SF

      Germantown Office Space For Rent

      Office space with private entry and restrooms, near I-41/45.
      9830 Rivercrest Dr, Germantown, WI
      View Details
    • $15 SF/Yr
      3,380 SF

      Germantown Office Space Available

      Office space for rent featuring in-suite kitchen and restrooms.
      N96 W17035 Division Rd, Germantown, WI
      View Details
    • Contact for pricing
      200,000 SF

      Industrial Space Near I-94

      200,000 SF industrial space with ample loading docks.
      N104 W12659 Donges Bay Road, Germantown, WI, 53022
      View Details
    • $5 SF/Yr
      12,569 SF

      Germantown Warehouse Space for Lease

      Warehouse space in Germantown, WI, with flexible layout options.
      N132 W17384-17400 Rockfield Rd, Germantown, WI
      View Details
    • $12 SF/Yr
      2,290 SF

      Germantown Retail Space Available

      Retail space available for lease in Germantown, Wisconsin.
      19062-19180 County Line Rd, Germantown, WI
      View Details
    • Contact for pricing
      15,000 SF

      Germantown Warehouse Space Available

      15,000 square foot warehouse space for lease in Germantown.
      W204 N13035 Goldendale Rd, Germantown, WI
      View Details
    • Contact for pricing
      21,937 SF

      Germantown Warehouse Space Available

      Warehouse space available for lease in Germantown, Wisconsin.
      N117 W18654 Fulton Dr, Germantown, WI
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Industrial and manufacturing space available for lease in Germantown.
    Where is this manufacturing property located?
    The property is located at W190N11350 Carnegie Drive Germantown, WI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Industrial and manufacturing space available.; Located in Germantown.; Space available for lease.
    We can help!
    Listing Contact
    David L. Barry
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    W190N11350 Carnegie Drive, Germantown, WI 53022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!