New Berlin City Center Retail FOR SALE


New Berlin, WI
$4,338,730 USD
414-271-1111
, New Berlin, WI for Sale
$4,338,730 USD
Retail - FOR SALE
1/2
null | 8.07% Cap Rate

New Berlin City Center
New Berlin, WI


HIGHLIGHTS

  • Fully leased retail center with a diverse mix of national and regional tenants.
  • Located in the heart of New Berlin’s City Center with strong surrounding demographics.
  • Excellent visibility and access from W National Avenue and Moorland Road.
  • High traffic counts with over 22,000 vehicles per day on Moorland Road.
  • Fee simple ownership of land and building with stable in-place income.
  • Positioned within a growing suburban market approximately 15 miles from downtown Milwaukee.

OVERVIEW

New Berlin City Center presents a stabilized investment opportunity in the heart of one of Waukesha County’s most desirable suburban communities. This two-building retail property spans 20,286 square feet and is situated on approximately 2.41 acres with 145 parking spaces. The asset is 100% leased to a diverse mix of national and regional tenants, including Edward Jones, Domino’s Pizza, Athletico Physical Therapy, American Family Insurance, and other service-oriented businesses, providing a strong and reliable income stream. The property benefits from its prime location along W National Avenue and Library Lane, with daily traffic counts exceeding 22,000 vehicles on Moorland Road and 13,300 on National Avenue. The surrounding area features a robust demographic profile, with average household incomes exceeding $116,000 within a five-mile radius and a population base of nearly 150,000. New Berlin City Center offers investors a rare opportunity to acquire a fee-simple retail asset in a thriving suburban market with excellent visibility, strong tenant performance, and long-term stability. The property’s proximity to major thoroughfares, including I-94, and its location within a vibrant mixed-use district further enhance its long-term value proposition.

ASK ABOUT THIS PROPERTY

Ross KoepselFounders 3More Info
414-271-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ross KoepselFounders 3More Info
414-271-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.