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Class A Office Building
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10850 W Park Pl, Milwaukee, WI 53224

Class A office space with lake views and modern amenities.

Space SizeContact for details
Property Size16,288 SF
Lot Size8.51 Acres
Days on Market667

Property Features for 10850 W Park Pl

General Information

Standard status Active
Size 16,288 SF
Lot size 8.51 Acres
Property subtype OFFICE

Spaces For Lease

at 10850 W Park Pl Contact us

Two Park Plaza $11.50/SF/Yr

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Listing Agency: Cushman & Wakefield | Boerke
Listed By: Jim Cavanaugh
Source: Moodyscre
Added: Oct 8, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:31AM

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 Cushman & Wakefield | Boerke

Investment Insights

Based on property information with market context.

Two Park Plaza is a 12-story Class A office building with 197,600 square feet of space. It is located off Interstate 41/45 and Good Hope Road. The building is situated on a ten-acre landscaped area with a lake. Amenities include a conference center, café and tenant lounge, a fitness center with locker rooms and showers, a walking and jogging trail, covered parking, and on-site management and security. Available space is 16,288 square feet. The property is designed for professionals.

Key Highlights

  • Class A office building with convenient access to Interstate 41/45.
  • Stunning views of a ten‑acre lake.
  • Enjoy on‑site amenities including a conference center, café and tenant lounge.

Property Analytics

Current Use

Dr. Allan J. ... Physician Crisis Prevention Institute Training Center Timpani Capital Management Financial Advisor Stansbury Carlton D Law Firm Bandle & Zaeske LLP Law Firm

Suggested Use

Top Pick Restaurant Dental Office Spa & Massage Center Building Supply Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 53224, WI

20,786
Population
8,530
Households
2.4
Avg Household Size
32
Median Age
27%
College-Educated
92%
High-School Grad
10.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$69,727
Median Household Income
$44,745
Median Earnings
$1,160
Median Rent
$194,600
Median Home Value

Market

Lease Benchmarks for Milwaukee, WI

$16.54 /SF/Yr
Avg Asking Price
$7–$21.5 /SF/Yr
Price Range
42,942 SF
Avg Space Size

This space is priced 30% below the average of $16.54 /SF/Yr.

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office space with lake views and modern amenities.
Where is this office building located?
The property is located at 10850 W Park Pl Milwaukee, WI.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: Class A office building with convenient access to Interstate 41/45.; Stunning views of a ten‑acre lake.; Enjoy on‑site amenities including a conference center, café and tenant lounge.
(414) 253-3950 Call to check price and availability
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