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Investment Highlights

  • • Brand New 2,570 SF Starbucks Build to Suit
  • • Investment Grade Credit Tenant, S&P BBB+, Moody’s Baa1
  • • Traffic Counts: 15,000 VPD on Sunset Drive, 9,800 VPD on S East Avenue
  • • 10 Year Corporate Lease with Four 5 Year Options
  • • Scheduled Rental Increases Every Five Years
  • • Strong 5 Mile Demographics: 96,999 Population | $113,494 Average Household Income

Executive Summary

Mid-America Real Estate is pleased to present the opportunity to acquire a brand new Starbucks located at 151 West Sunset Drive in Waukesha, Wisconsin. The 2,570 square foot build to suit drive thru location is secured by a 10 year corporate guaranteed lease with four five year renewal options and scheduled rent increases, offering stable long term income backed by an investment grade tenant. Positioned along Sunset Drive, one of Waukesha’s primary retail corridors, the property benefits from strong traffic counts, dominant surrounding anchors, affluent demographics, and a dense student population including Carroll University and multiple high schools within four miles.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Retail
Building Size
2,500 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$3,592,916 CAD
Price Per SF
$1,437.17 CAD
Cap Rate
6%
NOI
$215,575 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.09 AC
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Crunch Fitness
Pick 'n Save
U.S. Bank
George Webb Restaurant
Storage Sense
StorageMart
Meijer

Property Taxes

Property Taxes

Parcel Number
WAKC-1353-412
Land Assessment
$1,144,415 CAD
Improvements Assessment
$1,115,349 CAD
Total Assessment
$2,259,765 CAD
  • Listing ID: 39626181

  • Date on Market: 2026-03-02

  • Last Updated:

  • Address: 143 W Sunset Dr, Waukesha, WI 53189

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