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Medical Office Building with Vacancies
For Sale
Contact for pricing
Pending

11214 W Lapham St, West Allis, WI 53214

Vacant former medical imaging space is available within a multi-tenant medical office building near Milwaukee-area demand.

Property SizeContact for details
Days on Market121

Property Features for 11214 W Lapham St

General Information

Standard status Pending
Property subtype Industrial

Building Details

Tenancy Multi
Listing Agency: The Dickman Company Inc
Listed By: Nick Keys · License #WI 77436-94
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 5:41AM

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 The Dickman Company Inc

Investment Insights

Based on property information with market context.

This medical office building includes vacant space that was formerly used as a medical imaging center, alongside an established multi-tenant base. The property currently has five tenants, including two medical or lab users, supporting a healthcare-focused occupancy mix. Tenant history is long, with recent renewals, and current tenant leases range from 2 to 9 years.

Located in the Milwaukee, WI metro area at 11214 W Lapham St in West Allis, the building offers a straightforward leasing path for the remaining vacant space. The offering is presented as a value-add opportunity through lease-up of the existing vacancy.

For buyers seeking a healthcare-oriented investment or an owner-operator that can stabilize the vacant portion, the combination of ongoing renewals and multi-year in-place lease terms provides a supported platform for continued occupancy management.

Key Highlights

  • Vacant former medical imaging center space available in a multi‑tenant medical office building
  • 2 of the 5 current tenants are medical/lab users
  • Long tenant history with recent renewals

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Parking Lot & Garage Auto Parts Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

Demographics for 53214, WI

34,297
Population
17,530
Households
2
Avg Household Size
37
Median Age
28%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
4,831
Density / Sq Mi
$62,712
Median Household Income
$46,304
Median Earnings
$999
Median Rent
$178,600
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 center - Vacant former medical imaging space is available within a multi-tenant medical office building near Milwaukee-area demand.
Where is this medical center located?
The property is located at 11214 W Lapham St West Allis, WI.
What are key features of this property?
This property features: Vacant former medical imaging center space available in a multi‑tenant medical office building; 2 of the 5 current tenants are medical/lab users; Long tenant history with recent renewals
More about this property
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