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    Medical Office Space Available Title is generated by Realmo AI

    5250 S 108th St, Hales Corners, WI

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    20,048 SF medical office space for sale.

    Type:OFFICE
    Property size:
    20,048 SF
    Lot size:
    1.74 Acres
    Price / SF:
    $249/SF
    Added:
    May 7, 2019
    Days on Market:
    2594
    Last Refresh:
    May 20 at 8:20 pm

    Property Features for 5250 S 108th St

    General Information

    Standard status
    Active
    Size
    20,048 SF
    Lot size
    1.74 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Steve Anderson

    Listing agent Steve Anderson License #WI 94-75610

    Listing office Anderson Commercial Group, LLC

    Listing date May 7, 2019

    Source Moodyscre

    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

    HighLights

    • 20,048 SF of Medical Office Space
    • Available Space
    • Medical Office

    Overview

    This property offers approximately 20,048 square feet of medical office space. It is suitable for medical offices and other office uses.

    Local 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 (±1% cap)
    NOI $276,602 @ 7.0% cap · market cap 5.53%
    Second Best
    Office B
    $3.92M
    $3.43M – $4.57M (±1% cap)
    NOI $274,145 @ 7.0% cap · market cap 5.48%
    Theoretical Best
    Office A
    $4.75M
    $4.16M – $5.55M (±1% cap)
    NOI $332,788 @ 7.0% cap · market cap 6.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Forward Dental - Hales ... Dental Office Ellie Mental Health Crisis Center Aurora Dermatology Medical Clinic Frederick Marcus Walker Dental Office Matthew J. Bernard, ... Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Building Supply Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Hales Corners
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0472
    Latitude
    42.9493

    FAQs

    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
    (414) 425-2700 Call to check price and availability
    More about this property
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