Medical Office Space
5250 S 108th St Hales Corners, WI
For Sale
Contact for pricing
20,048 SF medical office space for sale.
Property Size20,048 SF
Lot Size1.74 Acres
Price / SF$249.40
Days on Market2641
Property Features for 5250 S 108th St
General Information
Standard status
Active
Size
20,048 SF
Lot size
1.74 Acres
Property subtype
OFFICE
Listing Agency:
Anderson Commercial Group, LLC
(414) 858-5200
Listed By:
Steve Anderson · License #9475610
Source:
Moodyscre
Added: May 7, 2019
Changed: Jul 6
Last Checked: Jul 21 at 5:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anderson Commercial Group, LLC
Investment Insights
Based on property information with market context.
This property offers approximately 20,048 square feet of medical office space. It is suitable for medical offices and other office uses.
Key Highlights
- 20,048 SF of Medical Office Space
- Available Space
- Medical Office
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $526.9k | $26.28 |
| − Vacancy | −$65.9k | −$3.29 |
| EGI | $461.0k | $23.00 |
| − OpEx | −$184.4k | −$9.20 |
| NOI | $276.6k | $13.80 |
20,048 SF · lease $26.28/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.95M
$3.46M – $4.61M
NOI $276,602 @ 7.0% cap · market cap 5.53%
Second Best
Office B
$3.92M
$3.43M – $4.57M
NOI $274,145 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$4.75M
$4.16M – $5.55M
NOI $332,788 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Life's Abundance — 9643 w forest home ave, hales corners, wi 53130
- Hales Corners Veterinary Clinic — 5151 S 108th St, Hales Corners, WI 53130
Frequently Asked Questions
What type of property is this?
Medical Office Space - 20,048 SF medical office space for sale.
Where is this medical office space located?
The property is located at 5250 S 108th St Hales Corners, WI.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 20,048 SF of Medical Office Space; Available Space; Medical Office
