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The Shops at Mayfair Corner 2265-2275 N Mayfair Rd 45,135 SF 83% Leased Retail Building Milwaukee, WI 53226 $6,700,000 ($148.44/SF)
Investment Highlights
- PREMIER SIGNALIZED HARD CORNER
- PREMIER RETAIL AND HEALTHCARE HUB
- PROVEN ANCHOR PERFORMANCE
- DENSE AND AFFLUENT TRADE AREA
- MULTI-TENANT INCOME WITH STAGGERED EXPIRATIONS
- VALUE-ADD UPSIDE
Executive Summary
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase The Shops at Mayfair Corner, a 34,999-square-foot multi-tenant shopping center located at 2275 N Mayfair Road in Wauwatosa, Wisconsin. Situated on 2.69 acres, the Property occupies the signalized hard corner of N Mayfair Road and W North Avenue, which accommodate more than 65,500 combined vehicles per day. The prominent corner position provides exceptional access, visibility, and exposure along two of the area’s primary commercial corridors, creating long-term utility for a broad range of retail, medical, service, and convenience-oriented uses.
The Property is located within one of the Milwaukee metropolitan area’s strongest demographic, healthcare, and retail nodes. The surrounding three-mile trade area includes more than 95,000 residents and an average household income of $125,165, which is projected to exceed $141,000 by 2030. The site is positioned immediately adjacent to Froedtert Hospital and the Milwaukee Regional Medical Center, while also benefiting from proximity to Mayfair Mall and a deep concentration of national retailers, restaurants, medical users, and major regional employers. This combination of population density, household purchasing power, institutional employment, and regional retail activity supports sustained customer traffic and reinforces the Property’s long-term commercial relevance.
The Property is located within one of the Milwaukee metropolitan area’s strongest demographic, healthcare, and retail nodes. The surrounding three-mile trade area includes more than 95,000 residents and an average household income of $125,165, which is projected to exceed $141,000 by 2030. The site is positioned immediately adjacent to Froedtert Hospital and the Milwaukee Regional Medical Center, while also benefiting from proximity to Mayfair Mall and a deep concentration of national retailers, restaurants, medical users, and major regional employers. This combination of population density, household purchasing power, institutional employment, and regional retail activity supports sustained customer traffic and reinforces the Property’s long-term commercial relevance.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
45,135 SF
Building Class
B
Year Built
2000
Price
$6,700,000
Price Per SF
$148.44
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
2.69 AC
Zoning
C2
Parking
201 Spaces (5.01 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
-
Jan 0000
Sola Salon Studios began in 2004 as a salon studio concept and expanded into franchising the following year, building a business around private, move-in-ready salon suites for independent beauty professionals. The company's model serves hairstylists, nail technicians, estheticians, massage therapists, and other personal-care professionals who want private workspaces with built-in support. Sola Salon Studios operates as a franchise and real-estate-based salon business, combining studio leasing with education, technology, and brand support for owner-operators. The business maintains a broad North American presence and continues to grow through new salon-suite locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 202
- 1,500 SF
- Retail
- -
- Now
- 203
- 790 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,485 SF | Retail | - | Now |
| 202 | 1,500 SF | Retail | - | Now |
| 203 | 790 SF | Retail | - | Now |
| 204 | 800 SF | Retail | - | Now |
1st Floor
| Size |
| 4,485 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
202
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
203
| Size |
| 790 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
204
| Size |
| 800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
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1st Floor
| Size | 4,485 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1 of 1
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204
| Size | 800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 339-9999-000 | Improvements Assessment | $2,301,200 |
| Land Assessment | $5,964,200 | Total Assessment | $8,265,400 |
Property Taxes
Parcel Number
339-9999-000
Land Assessment
$5,964,200
Improvements Assessment
$2,301,200
Total Assessment
$8,265,400
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