2543-2545 N Mayfair Rd
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2543-2545 N Mayfair Rd
16,348 SF 100% Leased Retail Building Milwaukee, WI 53226 $4,458,288 CAD ($273 CAD/SF) 7.74% Cap Rate
Investment Highlights
- Minimal Landlord Obligations NNN lease structures
- Significant Future Development in the Area
- The Mayfair Road corridor is a proven, high-demand retail destination that supports consistent tenant performance, making it a low-risk investment
- The property is fully leased and operational, allowing for immediate income generation with no downtime
Executive Summary
Located directly across from Wisconsin’s highest-performing retail destination, Mayfair Mall, this fully leased 16,348-square-foot retail center offers a prime investment opportunity. Anchored by high-quality tenants such as Yardbird, a Best Buy brand, and The Vitamin Shoppe, the property benefits from a strategic position in Wauwatosa’s bustling Mayfair Road trade area. With over 7 million visits to the neighboring mall annually and 29,000 vehicles passing daily, this center enjoys incredible visibility and foot traffic.
The property’s proximity to ongoing multi-million-dollar developments, including new luxury apartments and a flagship Dick’s House of Sport, ensures sustained growth and increased customer base. This location is supported by strong demographics, with a population of over 306,000 within five miles and an average household income of $95,306.
The property’s proximity to ongoing multi-million-dollar developments, including new luxury apartments and a flagship Dick’s House of Sport, ensures sustained growth and increased customer base. This location is supported by strong demographics, with a population of over 306,000 within five miles and an average household income of $95,306.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,348 SF
Building Class
C
Year Built
1991
Price
$4,458,288 CAD
Price Per SF
$273 CAD
Cap Rate
7.74%
NOI
$345,118 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
Commercial
Parking
102 Spaces (6.24 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Pylon Sign
- Air Conditioning
Nearby Major Retailers
1 of 7
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2543-2545 N Mayfair Rd
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