Riverwood Corporate Center - N19W24101 Riverwood Drive

N19W24101 Riverwood Drive, Waukesha, WI 53188

Property Information

  • For Sale $5,000,000
  • Property Type Office
  • Property Size 28,606 SF
  • Lot Size 3.29 Acre
  • Cap Rate % 9.18
  • Zoning B-4
  • Parking Spaces Avail. 100
  • Parking Ratio 3.50 / 1,000 SF
  • Building Class A
  • Year Built 2007
  • Date Updated May 6, 2026

Description

Newmark is pleased to bring this exclusive listing to market. This offering is a multi-tenant class A office property located within the Riverwood Corporate Center totaling 28,606 square feet on approximately 3.29 acres in Pewaukee, Wisconsin. The asset provides diversified cash flow from multiple suites and positions an investor to

acquire stabilized income in a mature suburban submarket within the Milwaukee metropolitan area.

Investment Highlights

Stabilized income profile with an implied cap rate of approximately

9.18% at the asking price.

Located at the entrance to one of Suburban Milwaukee’s bestcorporate parks.

Highly desirable single story office construction with separate directentrance to tenant suites.

Directly off I-94 with surrounding Class A office and medical use.

Opportunity SummaryAt a purchase price of $5,000,000 and an NOI of $458,994.35 the asset offers immediate income with a basis of approximately $175 per square foot.

Contacts

Rachel Schmidt

Newmark

Tim Janusz

Newmark

Location

Located at N19W24101 Riverwood Drive, Waukesha, WI 53188, this property is part of the Still River neighborhood and Milwaukee market.

Contact Riverwood Corporate Center - N19W24101 Riverwood Drive
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