- For Sale $16,950,000
- Property Type Retail
- Property Size 108,000 SF
- Lot Size 8.68 Acre
- Cap Rate % 6.9
- Year Built 1985
- Date Updated Jul 24, 2026
- Visibility/Traffic Count (VPD) 34,000
Description
Newmark is pleased to exclusively market for sale Bluemound Plaza at 19555 W. Bluemound Road, a 100% leased multi tenant shopping center located in the heart of Brookfield, Wisconsin within the
Milwaukee MSA. The ±108,000 SF shopping center is situated on 8.68 acres of land at the southeast corner of Bluemound Road and Janacek Road in the Town of Brookfield.
Bluemound Plaza is strategically located less than one mile east of Interstate 94 and 0.05 miles from The Corners of Brookfield, a
regional shopping mall anchored by Von Maur Department Store
that includes a 200+ multi family complex on the west end of
Bluemound Road. Additionally, across from The Corners, there are
700+ residential units built and under construction at Poplar Creek
Towne Center. Bluemound Road is known as the “Gold Coast" of
Brookfield with daily traffic counts that exceed 34K VPD. The
surrounding 1-mile radius features an affluent community with
average household annual income exceeding $100,000.
The property is 100% leased and anchored by BestBuy &
Aldi along with other national, regional and local tenants.
Property is locatedin the highly desirable municipality of Brookfield near Goerke’s Corners with easy access to I-94. Bluemound Road is the “Gold Coast” of Brookfield, as well as a desirable retailcorridor for SE Wisconsin.
Offered at $16,950,000, the price is a 6.9% caprate, based on
end of 2025 income, owner handlesproperty management.
Entire property has been re-roofed over the last 2 years except Aldi whose roof is ±10 years old.
New HVAC units installed at Best Buy, Dollar Tree, Strive, The Honeybee Salon, George Webb, and Wild Birds Unlimited.
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