N20W22951 Watertown Rd Waukesha, WI 53186
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.
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The Crossings Restaurant Restaurant
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Jimmy John's Take-out & Catering
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AP Tattoo Tattoo & Piercing Shop
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North Point Fitness Gym & Fitness Center
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.