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7954 Harwood Ave
Milwaukee, WI 53213
Retail Property For Sale
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,991 SF
Building Class
C
Year Built/Renovated
1950/2017
Price
$3,951,780 CAD
Price Per SF
$439.53 CAD
Cap Rate
6.81%
NOI
$269,228 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
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
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