Contacts
Newmark
Newmark
Property Details
- Property Type Office
- Property Size 28,606 SF
- Lot Size 3.29 Acre
- Cap Rate % 9.18
- Zoning B-4
- Parking Spaces Avail. 100
- Parking Ratio 3.50 / 1,000 SF
- Building Class A
- Year Built 2007
- Date Updated May 6, 2026
Newmark is pleased to bring this exclusive listing to market. This offering is a multi-tenant class A office property located within the Riverwood Corporate Center totaling 28,606 square feet on approximately 3.29 acres in Pewaukee, Wisconsin. The asset provides diversified cash flow from multiple suites and positions an investor to
acquire stabilized income in a mature suburban submarket within the Milwaukee metropolitan area.
Investment Highlights
•
Stabilized income profile with an implied cap rate of approximately
9.18% at the asking price.
•
Located at the entrance to one of Suburban Milwaukee’s bestcorporate parks.
•
Highly desirable single story office construction with separate directentrance to tenant suites.
•
Directly off I-94 with surrounding Class A office and medical use.
Opportunity SummaryAt a purchase price of $5,000,000 and an NOI of $458,994.35 the asset offers immediate income with a basis of approximately $175 per square foot.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
17/100
Walk Score ®
-
36/100
Bike Score ®
Location
- City Waukesha, WI
- Neighborhood Still River
- Zip Code 53188
- Market Milwaukee
Points of Interest
-
Best Cab Company
3.09 miles
-
Mobil
0.30 miles
-
Kwik Trip
1.58 miles
-
Costco Gasoline
2.42 miles
-
Speedway
2.56 miles
-
Shell
2.74 miles
-
BP Arcadian
2.96 miles
-
Pick'n Save Parking
2.10 miles
-
Parking Lot 4
2.60 miles
-
Parking Lot 2
2.62 miles
-
Visitor Lot
2.63 miles
-
Parking Lot 3
2.63 miles
-
Parking Lot 5
2.66 miles
-
Parking Lot 7
2.71 miles
-
Parking Lot 6B
2.72 miles
-
Parking Lot 1
2.78 miles
-
Parking Lot 6A
2.82 miles
-
Milwaukee Marriott West
1.03 miles
-
Waukesha Grand
1.62 miles
-
avid Hotel
1.88 miles
-
The Ingleside Hotel
2.43 miles
-
Extended Stay America
2.75 miles
-
Comfort Inn
2.78 miles
-
Baymont Waukesha
2.82 miles
-
Home2 Suites
2.97 miles
-
Tru
3.03 miles
-
Sneeden House
3.64 miles
-
Metro Market
1.80 miles
-
Good Harvest Market
1.92 miles
-
Pick 'n Save
2.11 miles
-
ALDI
2.15 miles
-
Walmart
2.28 miles
-
Woodman's Markets
2.55 miles
-
Kohl's
2.69 miles
-
Target
2.94 miles
-
Sendik's Food Market
3.49 miles
-
Von Maur
3.57 miles