Sunset Crossings

$9,685,000

120 East Sunset Drive, Waukesha, WI 53189

For Sale

Retail Neighborhood Center

Active

Last Updated: 07/16/2025

Details:

Cap Rate: 7%

NOI: $677,967

Building Size: 118,357 sqft

Lot Area: 9.63 acres

Lease Type: Triple Net

Price Per Sqft: $81.83

Tenancy: Multiple

Year Last Renovated: 2016

Offered by

John Andreini

Partner

CP Partners

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Kirby Dederian

Sales Associate

CP Partners

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Highlights:

100% occupied retail strip center
Anchored by national brands Crunch Fitness and Dollar Tree
Multiple new leases signed in 2025 demonstrating tenant willingness to operate at this location
Excellent intrinsics – extremely low price per foot ($81) and well below market average rents ($6.35/SF)
Affluent Milwaukee suburb – $111K average household incomes within a 5-mile radius of the subject property
Just 2 miles from major traffic draw Shoppes at Fox River, ranked in the top 7% of shopping centers nationwide in terms of annual visits (per Placer.ai)

Description:

A 100% occupied retail strip center anchored by national tenants Crunch Fitness and Dollar Tree. Subject property is located in a dense retail corridor in Waukesha – an affluent Milwaukee suburb boasting average household incomes of $111K within a 5-mile radius. Nearby Shoppes at Fox River, ranked in the top 7% of shopping centers nationwide in terms of annual visits (per Placer.ai), attracts significant daytime traffic to the direct trade area.

IN CONJUNCTION WI TH WI LICENSED BROKER:
JON THORESEN
Founders 3 Real Estate Services
jthoresen@founders3.com
PH: 414.249.2211
WI License #44167