Highlights
- The average rent for office space in Wauwatosa is $17.75 per square foot, 3.32% lower compared to the previous year.
- The market’s vacancy rate stands at 35.54%, higher than the state average of Wisconsin, which is 23.10%.
- 79,000 square feet is currently under construction.
2025 Office Space Rent & Sales
- $17.75 2025 Avg. Asking Rent
- -3.32% Y-o-Y Avg. Asking Rent Change
- 35.54% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Wauwatosa?
Average asking rents for office space here stand at $17.75 per square foot. The local office market recorded an average vacancy rate of 35.54% in 2025, unchanged from 35.54% in 2024.
Wauwatosa, WI Office Asking Rents by Class
What is the average office rent per square foot by property class in WI?
- Avg. Asking Rent Class A & A+$23.76
- Avg. Asking Rent Class B$19.54
- Avg. Asking Rent Class C$15.28
For comparison, the average rent for Class A and A+ office space in Wisconsin was $23.76 per square foot. The state-wide average for Class B space was $19.54 per square foot, and Class C office spaces averaged $15.28 per square foot.
Office Construction in Wauwatosa, WI
- Wauwatosa, WI Total SF under construction in 2026 79,000
What are the largest recent office completions in Wauwatosa?
The largest recent office completion here is 9900 West Innovation Drive at 506,195 square feet, completed in 2006. The next largest completions are Milwaukee County Research Park - 10000 Innovation Drive and Mayfair Woods Business & Technology Center.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Mayfair Medical Commons | 800 North Mayfair Road, 53226 | 45,823 | 2024 |
| Innovation One - 1401 Discovery Pkwy | 1401 Discovery Pkwy, 53226 | 70,357 | 2022 |
| Milwaukee County Research Park - Meadowland Research & Technology Center | 10100 West Innovation Drive, 53226 | 155,000 | 2016 |
| 1425 Discovery Pkwy | 1425 Discovery Pkwy, 53226 | 91,009 | 2014 |
| 1425 Discovery Pkwy | 1425 Discovery Pkwy, 53226 | 91,007 | 2014 |
| Mayfair Woods Business & Technology Center | 10700 West Research Drive, 53226 | 163,350 | 2007 |
| Milwaukee County Research Park - Bloom Center | 10501 West Research Drive, 53226 | 31,169 | 2007 |
| 9900 West Innovation Drive | 9900 West Innovation Drive, 53226 | 506,195 | 2006 |
| Oakwood Center | 10361 Innovation Drive, 53226 | 67,240 | 2001 |
| Milwaukee County Research Park - 10000 Innovation Drive | 10000 Innovation Drive, 53226 | 203,831 | 1999 |
See reports for other markets
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.