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Single-Tenant Dental Office
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15100 Library Lane, New Berlin, WI 53151

Single-tenant dental office on a NNN basis with signage visibility to more than 20,000 vehicles per day.

Property SizeContact for details
Days on Market123

Property Features for 15100 Library Lane

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 20,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: NYLA Group LLC
Listed By: Ted Thomsen · License #WI 51540-90
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:28PM

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 NYLA Group LLC

Investment Insights

Based on property information with market context.

This single-tenant dental office is occupied by Forward Dental and is offered as a long-term NNN property. The tenant has exercised a second option early, and the landlord’s responsibility is described as roof and structure only. The lease features 3% annual increases beginning in May of 2020. A rent holiday noted for March concludes in 2022, supporting NOI growth through the base term.

The property is located at 15100 Library Lane in New Berlin, Wisconsin. The site benefits from strong signage visibility to over 20,000 vehicles per day. The offering also highlights the surrounding newer city center with retail, office, residential uses, and the New Berlin Public Library.

Key Highlights

  • Single‑tenant dental office at 15100 Library Lane, New Berlin, WI, occupied by Forward Dental.
  • Strong signage visibility to over 20,000 vehicles per day.
  • NNN lease structure with landlord responsibility limited to roof and structure.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Parts Store HVAC Service Building Supply Restaurant

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

20,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53151, WI

32,535
Population
14,324
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
98%
High-School Grad
17.5 sq mi
ZIP Area
1,859
Density / Sq Mi
$99,248
Median Household Income
$59,197
Median Earnings
$1,424
Median Rent
$351,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Single-tenant dental office on a NNN basis with signage visibility to more than 20,000 vehicles per day.
Where is this medical office space located?
The property is located at 15100 Library Lane New Berlin, WI.
What are key features of this property?
This property features: Single‑tenant dental office at 15100 Library Lane, New Berlin, WI, occupied by Forward Dental.; Strong signage visibility to over 20,000 vehicles per day.; NNN lease structure with landlord responsibility limited to roof and structure.
More about this property
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