Waukesha, WI
Commercial Real Estate Market Trends & Data

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

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Waukesha $192 38,534 SF 8.72%
Pewaukee $99 46,002 SF 8.72%
New Berlin $259 48,076 SF 7.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Waukesha $107 63,619 SF 8.72%
Pewaukee $102 109,966 SF 8.72%
Mukwonago $118 51,245 SF 7.02%
Nearby Retail Markets Avg Cost/SF Typical Size
Waukesha $269 27,827 SF
Pewaukee $580 10,087 SF
Vernon $192 14,823 SF
Delafield $210 16,997 SF
Mukwonago $321 3,500 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Delafield $249 14,346 SF 6.51%
Summit $249 14,346 SF 6.51%
Wauwatosa $101 7,200 SF 7.20%
Milwaukee $154 26,088 SF 9.34%

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

19575 Janacek Ct

Brookfield, WI 53045

  • 1,700 SF Office Building
  • $449,000
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

The Learning Experience

Pewaukee, WI 53072

  • 10,087 SF Retail Building
  • 7.50% Cap Rate
  • $5,850,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

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 $176 43,649 SF
Pewaukee $156 63,099 SF
Vernon $231 32,745 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.