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Property profile & analytics
OFF-MARKET
Neighborhood centers

6093 Mequon Rd Mequon, WI 53092

74,377 SF Built 1963
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Year built 1963
Total area 74,377 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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