Enterprise at this location offers the rare combination of national credit strength and deep local operational presence. Its strategic location, diversified service lines, and favorable surrounding demographics make it an ideal opportunity for investors seeking predictable income, low management oversight, and a tenant with strong long-term renewal potential.
This well-located flex building has been home to Enterprise’s Wisconsin corporate offices and fleet management operations for over 25 years. The tenant has recently completed significant office buildouts and remodeling, reflecting their long-term commitment to the site. The building features a well-maintained roof, with a portion replaced in 2021, ensuring minimal immediate capital needs.
Key Investment Highlights:
Long-term lease with multiple renewal options
Triple Net (NNN) lease structure with minimal landlord responsibilities
Historically strong tenant renewal rates due to specialized site requirements and fleet logistics infrastructure
Location Strengths
Situated in Waukesha’s Lincoln Avenue Industrial Area, this area is a well-established employment corridor serving local, regional, and corporate clients
Excellent connectivity to I-94, I-41, and Greater Milwaukee; steady industrial and service traffic patterns
Major Upside & Below Market Rent in a Prime Location
Average rents for Waukesha County are $7.89/ SF NNN
Average rents for Southeastern Wisconsin are $6.74 SF NNN
Waukesha County vacancy rate is 1.8%
Southeast Wisconsin vacancy rate is 6.2%
The site is located in a desirable submarket where space is incredibly challenging to find and rates are at a premium
Statistics current as of Q2 2025 | Source: Moody's/RediComps & CARW
