Commercial Real Estate Market in Menomonee Falls, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
41 active listings and 1,042 off-market properties in Menomonee Falls, WI. Commercial property asks $178/SF to buy (based on 6 listings) and $12.55/SF/Yr to lease (based on 6 listings).
Market Trends
Menomonee Falls, WI spans 33.3 square miles in Waukesha County, Wisconsin. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Menomonee Falls, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Menomonee Falls, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Menomonee Falls, 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%.
Multifamily
Multifamily space in Menomonee Falls, WI has a median asking sale price of $208/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Menomonee Falls, WI has 38,562 residents in 16,972 households. Density runs 1,158 people per square mile. Median household income here is $98,423 and median gross rent $1,257 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Sussex | $118 | — |
| Brookfield | $97 | $17.98 |
Commercial property in Menomonee Falls, WI asks $178/SF. The 2 bordering markets run from $97/SF in Brookfield to $118/SF in Sussex, and the city sits above their $107/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Menomonee Falls?
How much does it cost to lease commercial space in Menomonee Falls?
How does Menomonee Falls compare to nearby markets on price?
Where does Realmo's Menomonee Falls market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 20 active for-lease listings in Menomonee Falls, WI. The medians are based on 6 of the for-sale and 6 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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 31 October 2026 · How Realmo checks market page data · Report a data issue
