Restaurant Building with Patio
12550 W Burleigh Road, Brookfield, WI 53005
For Sale
Contact for pricing
A full basement and sprinkler system complement restaurant capacity and preliminary patio approval.
Property Size5,184 SF
Lot Size1.10 Acres
Price / SF$327.93
Days on Market32
Property Features for 12550 W Burleigh Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Sprinkler System
Seating Capacity
Listing Agency:
Newmark - Milwaukee
Listed By:
Tim Janusz · License #WI 70967
(414) 659-8062
Source:
Crexi
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 5:26PM
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 Newmark - Milwaukee
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Configured for restaurant use, the 5,184-square-foot building has capacity for 250 people, a full basement, and a fully sprinklered system. Preliminary approval has been granted for an outdoor patio. The property occupies a 1.1-acre parcel with 65 parking stalls and O & LI zoning. Restaurant use and redevelopment are both identified as potential directions for the site.
Key Highlights
- 5,184 SF building with restaurant capacity for 250
- 1.1‑acre parcel zoned O & LI
- 65 parking stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,441
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,248,820
$2.2M
Cap Rate 7%
$1,606,300
$1.6M
Cap Rate 9%
$1,249,344
$1.2M
Market Conditions
NOI Build-Up for 5,184 SF
Gross rent
$155.5K $30.00/SF
− Vacancy
−$5.6K −$1.08/SF
EGI
$149.9K $28.92/SF
− OpEx
−$37.5K −$7.23/SF
NOI
$112.4K $21.69/SF
Area
Waukesha County, WI
Vacancy
3.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,248,820
Cap Rate 7%
$1,606,300
Cap Rate 9%
$1,249,344
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.41M – $1.87M
NOI $112,441 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.65M
$2.32M – $3.09M
NOI $185,203 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 47%
Groceries 19%
Dining 16%
Shops & Services 13%
Lowe's
Home Improvements & Furnishings
56,211 visits/mo
0.3 miles
Aldi
Groceries
22,993 visits/mo
0.2 miles
Wendy's
Dining
13,444 visits/mo
0.2 miles
BP
Shops & Services
8,133 visits/mo
0.2 miles
Cousins Subs
Dining
6,064 visits/mo
0.2 miles
Demographics for 53005, WI
21,433
Population
8,744
Households
2.5
Avg Household Size
44
Median Age
62%
College-Educated
98%
High-School Grad
14.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$123,486
Median Household Income
$71,034
Median Earnings
$1,810
Median Rent
$386,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A full basement and sprinkler system complement restaurant capacity and preliminary patio approval.
Where is this conventional restaurant located?
The property is located at 12550 W Burleigh Road Brookfield, WI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5,184 SF building with restaurant capacity for 250; 1.1‑acre parcel zoned O & LI; 65 parking stalls
