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7954 Harwood Ave 8,991 SF 100% Leased Retail Building Milwaukee, WI 53213 $3,958,531 CAD ($440.28 CAD/SF) 6.81% Cap Rate

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Investment Highlights

Irreplaceable Main Street retail asset in the heart of downtown Wauwatosa with strong pedestrian visibility and a highly walkable Village location.
Amenity-rich infill offering positioned near major regional employment drivers and supported by affluent surrounding demographics.

Stabilized 5-tenant investment featuring 100% occupancy and a 4.81-year WALT, providing immediate cash flow in a supply-constrained infill submarket.

Executive Summary

Harwood Retail Center is a 100% occupied, 8,991 SF urban core retail asset located at 7954 Harwood Avenue in the heart of downtown Wauwatosa, Wisconsin. The five-tenant property is anchored by a strong mix of service-oriented and daily-needs users including Stone Creek Coffee, PowerCycle, Harwood Veterinary Hospital, CLARA Healing Institute, and 9Round, and offers investors durable in-place cash flow with a 4.81-year WALT. Originally constructed in the early 1900s and extensively renovated in 2017, the property features 32 on-site parking spaces, strong pedestrian visibility, and a highly walkable infill location with a Walk Score of 87. Positioned within one of Milwaukee County’s most affluent and sought-after communities, Harwood Retail Center benefits from exceptional surrounding demographics, strong daytime population, and proximity to major employment drivers including the Milwaukee Regional Medical Center.

Offering Memorandum

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront

Building Size

8,991 SF

Building Class

Year Built/Renovated

1950/2017

Price

$3,958,531 CAD

Price Per SF

$440.28 CAD

Cap Rate

6.81%

NOI

$269,688 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.40

Lot Size

0.52 AC

Zoning

C-2 - Community Commercial

Parking

32 Spaces (3.56 Spaces per 1,000 SF Leased)

Frontage

132’ on Harwood Ave

Bus Line

Signage

Signalized Intersection

Tenant Controlled HVAC

CLARA Healing Institute
Health Care and Social Assistance
-
-
Lorem Ipsum
Jan 0000

Harwood Veterinary Hospital
Retailer
-
-
Lorem Ipsum
Jan 0000

Accommodation and Food Services
-
-
Lorem Ipsum
Jan 0000

Stone Creek Coffee was founded in 1993 in Milwaukee, Wisconsin, as a craft coffee roaster focused on building direct relationships with growers and supporting transparent sourcing practices. The company operates a production facility, roasting center, training lab, and café at its headquarters in downtown Milwaukee. Stone Creek Coffee emphasizes farm-to-cup operations, roasting its beans locally while offering classes and public tours aimed at coffee education. The organization became a Benefit Corporation in 2020 and later achieved B Corporation certification, reflecting its commitment to creating value for employees, customers, communities, and the environment. As a privately held company, Stone Creek Coffee maintains a multi-location presence across Wisconsin, offering retail cafés and maintaining wholesale partnerships. Its operations include roasting, training, retail café management, and product development, all centered on quality and sustainable practices.

Tenant	Industry	SF Occupied	Rent/SF	Lease Type	Lease End
CLARA Healing Institute	Health Care and Social Assistance	-	-	Lorem Ipsum	Jan 0000
Harwood Veterinary Hospital	Retailer	-	-	Lorem Ipsum	Jan 0000
	Accommodation and Food Services	-	-	Lorem Ipsum	Jan 0000