Washington Place 1003-1005 Washington St 11,000 SF 100% Leased Retail Building Grafton, WI 53024 $1,600,000 ($145.45/SF) 7.70% Cap Rate

Newmark is pleased to present Washington Place, a 100% fee simple, stabilized neighborhood retail investment located at 1003–1005 Washington Street in Grafton, Wisconsin. The +/- 11,000 SF asset is strategically positioned along the State Highway 60 trade corridor, just 1.5 miles west of Interstate 43 and within blocks of Downtown Grafton, one of Ozaukee County’s most active and rapidly evolving mixed-use districts.
The property benefits from strong visibility, dual ingress/egress, and consistent traffic volumes, supported by its proximity to the signalized intersection of Highway 60 and Highway O (12th Avenue). Washington Place serves as a daily-needs retail destination anchored by necessity-based tenancy and reinforced by surrounding residential density, employment centers, and ongoing downtown investment.
Anchored by Little Friends Learning Center, a tenant with nearly 25 years of continuous occupancy, the asset demonstrates durable tenancy, long-term market relevance, and historically stable cash flow.