Elm Grove, WI Commercial Real Estate for Lease and Sale

Explore 15 listings of Elm Grove commercial real estate to find the best space for your business.

The Tradesman Building | For Lease

500 Elm Grove Rd, Elm Grove, WI
Property

Office
Availability

1 Space

17,742 SF
Year Built

1988
For Lease Contact for pricing
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The Tradesman

500 Elm Grove Road, Elm Grove, WI
Property

Office

58,816 SF
Availability

5 Spaces

25,366 SF
Year Built

1987
For Lease

$19.50/SF/YR
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12700 West Bluemound Road

12700 West Bluemound Road, Elm Grove, WI
Property

Office

46,210 SF
Availability

2 Spaces

16,997 SF
Year Built

1985
For Lease

$19.50/SF/YR
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890 Elm Grove Rd

890 Elm Grove Rd, Elm Grove, WI
Property

Office

71,000 SF
Availability

7 Spaces

9,010 SF
For Lease

$12.00 - $19.00/SF/YR
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Office Space for Lease

13000 W Bluemound Rd, Elm Grove, WI
Property

Office
Availability

1 Space

2,875 SF
For Lease Contact for pricing
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13180-13200 Watertown Plank Road

13180 Watertown Plank Rd, Elm Grove, WI
Property

Retail

6,772 SF
Availability

2 Spaces

6,672 SF
For Lease

$17.50 - $22.00/SF/YR
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13300 Watertown Plank Rd

13300 Watertown Plank Rd, Elm Grove, WI
Property

Office

5,010 SF
For Sale

$1,620,000
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13925 W North Ave

13925 W North Ave, Elm Grove, Brookfield, WI
Property

Office

13,671 SF
Availability

1 Space

1,764 SF
For Lease

$18.00/SF/YR
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Northfield Shopping Center

12605 W North Ave, Elm Grove, Brookfield, WI
Property

Retail

15,625 SF
Availability

1 Space

3,180 SF
For Lease

$14.00 - $17.00/SF/YR
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Executive Center IV

235 North Executive Drive, Rubywood - Brookfield Manor, Brookfield, WI
Property

Office

85,812 SF
Availability

9 Spaces

77,274 SF
Year Built

1980
For Lease

$13.00/SF/YR
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250 South Executive Drive

250 South Executive Drive, Rubywood - Brookfield Manor, Brookfield, WI
Property

Office

61,815 SF
Availability

3 Spaces

47,065 SF
Year Built

1973
For Lease

$15.25 - $16.00/SF/YR
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AZANA SALON & SPA

200 N Moorland Road, Westmoor Highlands, Brookfield, WI
Property

Retail

9,500 SF
Availability

1 Space

9,000 SF
Year Built

1999
For Lease

$25.00/SF/YR
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1033 North Mayfair Road

1033 North Mayfair Road, Southwest Wauwatosa, Wauwatosa, WI
Property

Office

46,160 SF
Availability

4 Spaces

7,893 SF
Year Built

1988
For Lease

$20.50/SF/YR
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Milwaukee County Research Park - Wood Lake II Business & Technology Center

10101 West Innovation Drive, Milwaukee County Institutes, Milwaukee, WI
Property

Office

42,516 SF
Availability

3 Spaces

22,398 SF
Year Built

1996
For Lease Contact for pricing
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Milwaukee County Research Park - Wood Lake III Business & Technology Center

10200 West Innovation Drive, Milwaukee County Institutes, Wauwatosa, WI
Property

Office

69,578 SF
Availability

4 Spaces

27,529 SF
Year Built

1996
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Elm Grove commercial real estate market incorporates 194,707 square feet of office space across 7 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Elm Grove commercial real estate market includes 22,397 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Elm Grove incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Elm Grove is represented by Office space, which accounts for 73,754 square feet of available listings. Retail space available in Elm Grove adds up to 9,852 square feet.

Meanwhile, most of the listings of commercial property for sale in Elm Grove are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Elm Grove is $19.08 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Elm Grove can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Elm Grove, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19.5 per square foot. In particular, the property type commanding the highest lease rates in Elm Grove was Office space.

The average size of a commercial property in Elm Grove depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Elm Grove, the average size of an office property is 38,942 square feet.
Retail properties here incorporate an average of 11,199 square feet.

Elm Grove, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Elm Grove currently add up to 83,606 square feet. The market offers 6 active office listing(s), which amount to 73,754 square feet and account for 75% of commercial spaces on the market. Local retail availability includes 9,852 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	6	73,754
Retail	2	9,852

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Elm Grove, WI. Currently, there is 5,010 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	5,010

Elm Grove, WI Commercial Real Estate for Lease and Sale

The Tradesman Building | For Lease

The Tradesman

12700 West Bluemound Road

890 Elm Grove Rd

Office Space for Lease

13180-13200 Watertown Plank Road

13300 Watertown Plank Rd

13925 W North Ave

Northfield Shopping Center

Executive Center IV

250 South Executive Drive

AZANA SALON & SPA

1033 North Mayfair Road

Milwaukee County Research Park - Wood Lake II Business & Technology Center

Milwaukee County Research Park - Wood Lake III Business & Technology Center

Frequently Asked Questions

Elm Grove, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Elm Grove, WI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Elm Grove, WI?

What factors affect the price of commercial real estate in Elm Grove, WI?

What is the average rent for commercial space in Elm Grove, WI?

What are the best areas for commercial real estate in Elm Grove, WI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Elm Grove, WI?

Elm Grove, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us