Historic Office Building on
For Lease
$20 SF/Yr
1320 North Doctor Martin Luther King Junior Drive, Milwaukee, WI 53212
Unique office space in revitalized historic building with river views.
Space Size13,586 SF - 33,664 SF
Days on Market204
Property Features for 1320 North Doctor Martin Luther King Junior Drive
General Information
Standard status
Active
Size
13,586 SF - 33,664 SF
Property subtype
Office
Lease Term
NNN
Spaces For Lease
at 1320 North Doctor Martin Luther King Junior Drive Contact us- Size
- 32,968 SF
- Type
- Office Building
- Term
- Negotiable
3rd Floor $20/SF/Yr
- Size
- 33,664 SF
- Type
- Office Building
- Term
- Negotiable
4th Floor $20/SF/Yr
- Size
- 13,586 SF
- Type
- Office Building
- Term
- Negotiable
River Walk Level $20/SF/Yr
Listing Agency:
United Real Estate Indpls
(414) 640-8804
Listed By:
Rachel Schmidt · License #RB14049269
(414) 640-8804
Source:
Nmrk
Added: Jan 27
Changed: Aug 19
Last Checked: Aug 19 at 5:45AM
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 United Real Estate Indpls
Investment Insights
Based on property information with market context.
Located at 1320 N Dr. Martin Luther King Jr. Drive, this historic building was originally constructed in 1903 as a power plant for Milwaukee’s streetcar system. In 1999, the building was thoughtfully transformed into modern office space. The property is located on the Riverwalk and features high ceilings, cream city brick, and a skylight on the 4th floor. River views bring natural light into the workspace. Shared amenities include a training room, conference room, storage, and a fitness center. Signage with Deer District or river visibility is available. Surface parking provides 512 spaces. The landlord is planning lobby and amenities revitalization. The River Walk level has approximately 11,000 RSF available, and is fully accessible with a dedicated lift at the Riverwalk entrance. It is currently built out with a training room, conference rooms, and over 46 workspaces. The property is adjacent to the Deer District in Downtown Milwaukee, WI.
Key Highlights
- Prime Riverwalk location with direct access and river views.
- Unique historic building with modern office space conversion.
- Adjacent to the Deer District in Downtown Milwaukee.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Explore this area
Business Placement
Demographics for 53212, WI
28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
Median Home Value
Market
Lease Benchmarks for Milwaukee, WI
$16.54 /SF/Yr
Avg Asking Price
$7–$21.5 /SF/Yr
Price Range
42,706 SF
Avg Space Size
This space is priced 21% above the average of $16.54 /SF/Yr.
Vacancy Rate% for Office in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Unique office space in revitalized historic building with river views.
Where is this office building located?
The property is located at 1320 North Doctor Martin Luther King Junior Drive Milwaukee, WI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime Riverwalk location with direct access and river views.; Unique historic building with modern office space conversion.; Adjacent to the Deer District in Downtown Milwaukee.
