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10040-10046 N Port Washington Rd 7,500 SF 77% Leased Retail Building Mequon, WI 53092 $1,250,000 ($166.67/SF)

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INVESTMENT HIGHLIGHTS

  • High visibility and significant traffic counts, with 21,000 VPD on North Port Washington Rd & 63,900 VPD on Interstate 43.
  • Area Retailers include Sendik’s, Metro Market, Sears, Bed Bath & Behind, Office Depot, Panera Bread, US Bank, PNC Bank, Bank Mutual, Aurora Healthcare
  • Clean and modern building with ample parking.
  • Surrounded by well established residential neighborhoods near Katherine Kearney Carpenter Park.

EXECUTIVE SUMMARY

This prime retail center located at 10040-10046 N. Port Washington Rd. in Mequon, WI offers an exceptional opportunity for investors or owner-users seeking visibility, convenience, and strong tenant appeal. Built in the 1990s, the property features approximately 7,500 square feet on the first floor, divided into three separate units, and includes a full basement for additional storage or operational flexibility. Each unit is equipped with individual restrooms, as well as separate furnace and air conditioning systems, ensuring autonomy and comfort for all tenants.
Positioned just off Interstate 43, the property benefits from high traffic counts and excellent accessibility, making it a highly desirable destination for both retail and service-oriented businesses. The asphalt shingle roof and modern exterior design contribute to a clean, professional appearance, while the approximately 45 on-site parking spaces provide generous accommodation for customers and staff alike. Utilities include gas heat, city water, and sewer, with infrastructure in place to support ongoing and future tenant needs.
Current tenants include Hong Anh Palace, a well-established restaurant; Well Body Spa, offering personal wellness services; and Hair by Renee, a local salon. Additionally, 1,725 square feet of space is available for owner use or lease, offering built-in flexibility for an owner-occupant or additional revenue generation.
Surrounding retailers and amenities further enhance the property's value, with nearby businesses including Sendik’s, Metro Market, Sears, Bed Bath & Beyond, Office Depot, Panera Bread, US Bank, PNC Bank, Bank Mutual, and Aurora Healthcare. This retail center combines strong visibility, modern infrastructure, and a desirable location in one of Mequon’s most active commercial corridors, making it a standout option in today’s market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,500 SF
Building Class
B
Year Built
1990
Price
$1,250,000
Price Per SF
$166.67
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.99 AC
Zoning
LB2 - Community Business District
Parking
45 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
152’ on Port Washington Rd

AMENITIES

  • Signage
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 10042
  • 1,725 SF
  • Office/Retail
  • In-Line
  • Now

High visibility with great traffic counts with ample parking. Ideal for an office or retail user.

Space Size Space Use Position Available
10042 1,725 SF Office/Retail In-Line Now

10042

Size
1,725 SF
Space Use
Office/Retail
Position
In-Line
Available
Now

10042

Size 1,725 SF
Space Use Office/Retail
Position In-Line
Available Now

High visibility with great traffic counts with ample parking. Ideal for an office or retail user.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
4,444
26,540
75,960
149,111
2029 Population
4,664
26,897
76,210
150,379
2024-2029 Projected Population Growth
5.0%
1.4%
0.3%
0.9%
Median Age
53.4
47.9
44.1
39.9
College Degree + Higher
71%
68%
53%
26%
Daytime Employees
1,936
21,527
52,932
99,961
Total Businesses
365
2,344
5,005
9,261
Average Household Income
$149,962
$151,240
$117,919
$105,957
Median Household Income
$126,407
$124,916
$86,842
$73,395
Total Consumer Spending
$77.5M
$447.2M
$1.1B
$1.9B
2024 Households
1,867
10,925
31,644
60,281
Average Home Value
$521,068
$477,357
$381,223
$356,893

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
151070402000
Land Assessment
$358,800
Improvements Assessment
$599,900
Total Assessment
$958,700
  • Listing ID: 35171653

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: 10040-10046 N Port Washington Rd, Mequon, WI 53092

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