Pewaukee, WI Retail Property For Sale

Silvernail Village Shopping Center, 2301-2359 Silvernail Road, is a two-story, 44,941-squarefoot, mixed-use office and retail building in Pewaukee, Wisconsin. Situated on an 8.8-acre parcel, the two-level building includes a front and back approach, each with grade-level access and parking. Located in Waukesha’s highly desirable residential and commercial district, the shopping center is visible from I-94, with ideal accessibility centered between two nearby freeway exit ramps. Amenities include a mix of dining, entertainment, shopping, medical, wellness and fitness.

Transwestern, on behalf of the owner, is offering for sale a 68% controlling interest of the Silvernail Village Shopping Center condo association entity. This controlling interest comprises eight of the ten front-side and six of the ten back-side units totaling 29,427 square feet.

Ogden & Company Inc., on behalf of ownership, is pleased to exclusively present the opportunity to acquire the 100% fee simple interest in the commercial property situated at N22W23991 Ridgeview Parkway W in the city of Pewaukee, county of Waukesha WI (referred to as the “Property”). Spanning across a 1.95-acre parcel of land, the Property features an 8,392 square foot building. Currently, the Property is leased to Johnson Bank, a tenant with over 24 years of tenure at this location. Demonstrating a commitment to long-term success, Johnson Bank recently renewed its lease, extending it until December 31, 2028, with landlord responsibilities limited to capital expenditures.

Constructed as a build-to-suit for Johnson Bank in 2000, the Property strategically occupies the northwest corner of the expansive 240+ acre Ridgeview Corporate Park. This sought-after park hosts several prominent employers, including :The Boelter Companies, Werner Electric Supply, American Transmission Company, and others. Boasting exceptional visibility and convenient accessibility, the Property is positioned on the hard, signalized corner of Pewaukee Road (State Highway 164) and Ridgeview Parkway W, with over 24,000 vehicles per day (VPD). Moreover, the Property lies one mile north of I-94, with traffic exceeding 112,000 VPD, and is just a 20-minute drive west of downtown Milwaukee. Johnson Bank caters to an affluent local community, serving a population of 119,115 with a median household income of $110,110 within a 5-mile radius.