601 Meadowbrook Rd, Waukesha, WI 53188
For Lease
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Meadowbrook Marketplace, located at 601 Meadowbrook Rd, Waukesha, WI 53188, presents a prime retail investment opportunity. This 112,010 square foot neighborhood center sits on one acre of land in Waukesha County and offers multiple tenancy options. Currently, there are six available spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,400 square feet, with a total of 6,800 square feet currently vacant. The center enjoys a highly visible location at the heavily trafficked intersection of Meadowbrook Road (Highway TT) and Summit Avenue (Highway 18), boasting over 20,000 vehicles per day. This strategic location benefits from its proximity to the University of Wisconsin-Waukesha (approximately 810 students), a nearby youth sports complex, and a summer camp, ensuring a consistent flow of potential customers. The property is anchored by Sendik's, the only upscale grocer serving Waukesha, further enhancing its appeal and drawing power. Excellent accessibility and visibility are ensured by its location along Waukesha's newly constructed bypass. This property offers a unique blend of high traffic, strong demographics, and a desirable location, making it an exceptional investment opportunity.
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Walgreens Photo (Bike/Boat/Book/etc) Store
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Sara Krieser, PharmD Pharmacy
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Walgreens Pharmacy
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Walgreens Pharmacy Pharmacy
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FedEx OnSite Postal Service Courier Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B-5 (PUD) · Waukesha, WIWaukesha. Always verify with local authorities before improvements.
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.