Commercial Real Estate Market in Germantown, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
19 active listings and 571 off-market properties in Germantown, WI. Commercial property asks $61/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Germantown, WI spans 27.7 square miles in Washington County, Wisconsin. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Germantown, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Germantown, WI asks $124/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Germantown, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Germantown, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 52%
- Residential 24%
- Industrial 8.5%
- Planned_development 6.9%
- Civic 5.3%
- Commercial 3.3%
Largest Zones share of zoned land by district
Agricultural
Agricultural
Limited Industrial
Single Family Residential
Single Family Residential
Market overview
Demographics & Economy
Germantown, WI has 19,935 residents in 8,229 households. Density runs 719 people per square mile. Median household income here is $105,324 and median gross rent $1,315 a month.
19,935
Population
8,229
Households
2.4
Avg Household Size
44
Median Age
48%
College-Educated
96%
High-School Grad
27.7 sq mi
ZIP Area
719
Density / Sq Mi
$105,324
Median Household Income
$58,683
Median Earnings
$1,315
Median Rent
$353,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rockfield | — | — |
| Menomonee Falls | — | $12.30 |
| Cedarburg | — | — |
Commercial property in Germantown, WI asks $61/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Germantown?
Commercial property in Germantown, WI asks an average of $61 per square foot. Retail carries the highest asking price at $124/SF.
How much does it cost to lease commercial space in Germantown?
Asking lease rates in Germantown, WI average $18.00 per square foot per year.
Where does Realmo's Germantown market data come from?
Realmo compiles Germantown, WI figures from 7 recent recorded sales, 14 active sale listings, 5 active lease listings, 571 tracked off-market properties, the current Germantown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 5 active for-lease listings in Germantown, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,188 zoned acres across 64 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
