116 Sunset DrWaukesha, WI 53189

Property Details for 116 Sunset Dr

Year built

2021

Lot size

0.56 AC

Property size (Sq ft)

6,375 SF

Zone code

B-5 (PUD)

Property type

Strip malls

Property subtype

Neighborhood centers

APN

WAKC1339148

APU

WAKC1339148

Description

This exceptional 2,381 square foot retail land parcel is available for lease in the desirable Waukesha, Wisconsin market. Situated at 116 E. Sunset Dr, Waukesha, WI 53189, this single-tenant property presents a unique opportunity for businesses seeking a prominent location in Waukesha County. The entire 2,381 square feet is currently vacant, offering complete flexibility for build-out to suit a tenant's specific needs. The property is classified as retail land, ideal for a variety of commercial uses. Its location in Waukesha offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking high foot traffic and convenient access for customers. The property's address is 116 E. Sunset Dr, within Waukesha County, providing a strong foundation for establishing a successful business presence. This is a single-tenant property, ensuring exclusive use and control of the space. Interested parties are encouraged to explore the potential of this prime retail land parcel to establish their business in a thriving Waukesha community. The property is ready for immediate occupancy. Further details regarding lease terms and conditions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,692,090

  6.5%

  $1,561,930

  7%

  $1,450,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,630,970

  Geo Method

  $2,092,466

• Alternative Use

  Use

  Valuation

  Residential

  $1,317,546

  Hospitality

  $1,206,865

  Educational

  $1,004,098

  Medical

  $1,038,630

  Retail

  $1,561,930

Location Insight

City

Waukesha

County

Waukesha

State

Wisconsin

Latitude

42.9888

Longitude

-88.2256

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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