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Property profile & analytics

2545 Mayfair Rd Wauwatosa, WI 53226-1402

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-2245981
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2545 Mayfair Rd

Property type
Commercial real estate
APN
336-9999-14
APU
336999914

Description

This exceptional two-tenant shopping center, located at 2545 N Mayfair Rd in Wauwatosa, WI 53226, presents a compelling investment opportunity. The 16,348-square-foot property, built in 1991, sits on a 1.37-acre lot and boasts 102 parking spaces. Currently 100% occupied by a Vitamin Shoppe and Yardbird, both credit-rated tenants, under a NNN lease structure, the property offers significant advantages. The remaining lease term is 5.4 years, ensuring a stable income stream. The property generates a Net Operating Income (NOI) of $245,391 annually. Its strategic location directly across from Mayfair Mall, Wisconsin's top-performing retail destination, ensures high visibility and substantial foot traffic, benefiting from over 7 million annual mall visits and 29,000 daily vehicle pass-bys. The strong demographics of the area, with over 306,000 people within a five-mile radius and an average household income exceeding $95,000, further solidify its investment potential. The asking price is $3,170,000. The property's proximity to ongoing multi-million-dollar developments, including new luxury apartments and a flagship Dick's House of Sport, promises continued growth and increased customer base. The low landlord responsibilities inherent in the NNN lease structure minimize operational burdens, making this a low-risk, high-reward investment with immediate cash flow. The property features one, two-story building and the APN is 336-9999-004. There is no ground lease.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Wauwatosa
County
Milwaukee
State
Wisconsin
Longitude
-88.0487
Latitude
43.0652
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$53,160
$1,487,500
$954,600
$2,442,100
-
$0.00
$0.00
$2,894,200
More about this property
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