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Property profile & analytics
OFF-MARKET
Neighborhood centers

N20W22951 Watertown Rd Waukesha, WI 53186

15,722 SF Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 15,722 square foot retail and office property, located at the intersection of Highway F and Watertown Road in the Waukesha submarket, presents a unique investment opportunity. Built in 2006, this single-story, Class B building sits on a 2-acre lot and is zoned B-5, allowing for a wide range of uses. The property boasts excellent visibility along a high-traffic corridor (Highway F: 34,700 vehicles per day; Watertown Road: 10,400 vehicles per day), surrounded by corporate offices and in close proximity to major employers like Microsoft and Anthem. Currently occupied by a diverse mix of tenants including Jimmy John's, Snack Depot, Cloud City, AP Tattoo, and The Crossings Restaurant, this center offers four available spaces ranging from 1,061 to 7,213 square feet, with the possibility of combining suites for larger tenants. Ample parking is available, and a tenant improvement package is offered. The property benefits from strong signage opportunities and a favorable tax/CAM rate of $6.33 per square foot (2024). This prime location and flexible space make it ideal for a variety of retail and office businesses seeking high visibility and strong traffic counts.

Property profile
Verified
Property type Neighborhood centers
Year built 2006
Total area 15,722 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
Current use
Occupant on record · Public records
  • The Crossings Restaurant Restaurant
  • Jimmy John's Take-out & Catering
  • AP Tattoo Tattoo & Piercing Shop
  • North Point Fitness Gym & Fitness Center
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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