6093 Mequon Rd Mequon, WI 53092
River Centre, a 74,377 square foot single-story strip center in Mequon's Town Center, presents a compelling investment opportunity. Built in 1963 with an addition in the mid-1980s and extensively remodeled in 2016, this property boasts excellent visibility and accessibility, complemented by 323 parking spaces. Its strategic location at a busy intersection on Cedarburg Road ensures high traffic volume. The center is anchored by a Piggly Wiggly grocery store, which expanded in 2001, attracting significant foot traffic and providing a strong draw for other tenants. River Centre benefits from a diverse tenant mix and is surrounded by thriving new retail developments, restaurants, and residential areas, reflecting the affluent nature of the Mequon submarket. The property's single-tenant occupancy of 2,934 square feet offers flexibility for potential buyers. This prime retail location within a dynamic and growing community offers significant potential for long-term growth and return on investment. The property's recent renovations ensure modern amenities and functionality, making it an attractive option for both established businesses and new ventures. The ample parking further enhances the convenience and appeal of this exceptional retail property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.