Waukesha, WI
Commercial Real Estate Market Trends & Data

$193 Avg asking sale price
$215 Avg asking lease rate
23,759 SF Avg unit lease size
45,031 SF Avg building size for sale
7.80% Average cap rate

Waukesha's Demographic Profile

Waukesha has 30,326 households and a median income of $75,866, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 71,615
# Households 30,326
Median age 39
Median household income $75,866
Avg household size 2.0
Renter-occupied housing units 12,382
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Waukesha, WI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Waukesha $185 36,396 SF 8.72%
Pewaukee $109 43,291 SF 8.72%
New Berlin $186 43,838 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Waukesha $104 70,684 SF 8.72%
Pewaukee $102 96,580 SF 8.72%
Nearby Retail Markets Avg Cost/SF Typical Size
Waukesha $303 22,293 SF
Pewaukee $470 7,476 SF
Vernon $204 20,133 SF
Delafield $210 16,997 SF
Mukwonago $321 3,500 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Delafield $351 14,346 SF 6.51%
Wauwatosa $101 7,200 SF 7.20%
Milwaukee $128 31,209 SF 8.03%
Bay View $157 10,977 SF 6.56%

Commercial Properties For Sale in Waukesha

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Trophy Office | NNN Leases & Strong ROI

Waukesha, WI 53188

  • 63,940 SF Office Building
  • Auction Sale
For Sale

Trophy Office | NNN Leases & Strong ROI

Waukesha, WI 53188

  • 56,800 SF Office Building
  • Auction Sale
For Sale

W223N608 Saratoga Dr

Waukesha, WI 53186

  • 17,857 SF Office Building
  • 8.72% Cap Rate
  • $1,995,000
For Sale

105 Wilmont Dr

Waukesha, WI 53189

  • 14,400 SF Flex Building
  • $1,530,000
For Sale

1507 E Sunset Dr

Waukesha, WI 53189

  • 14,200 SF Office Building
  • 8.00% Cap Rate
  • $2,500,000
For Sale

19575 Janacek Ct

Brookfield, WI 53045

  • 9,764 SF Office Building
  • $449,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Multifamily vs. Single-Family Investing ROI
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CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
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Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Waukesha pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Waukesha $193 45,031 SF
Pewaukee $175 57,711 SF
North Prairie $58 20,730 SF
Vernon $165 39,881 SF

Regional Demographic Comparison

This comparison places Waukesha alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Waukesha or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Waukesha 71,615 30,326 39 $75,866 2 12,382 2%
Wales 3,026 1,153 46 $107,038 3 213 3%
Pewaukee 16,087 6,619 45 $108,174 2 1,359 3%
North Prairie 2,166 811 45 $133,781 3 81 1%
Vernon 7,245 2,735 49 $107,777 3 133 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Waukesha, WI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Waukesha

View All Commercial Real Estate For Sale in Waukesha
Is Waukesha a good market for a first-time commercial real estate investor?

Waukesha offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Waukesha?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Waukesha. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Waukesha?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Waukesha. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Waukesha compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Waukesha. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Waukesha acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Waukesha, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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