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    Brookfield Office Spaces Available Title is generated by Realmo AI

    13555 Bishops Court, Brookfield, WI 53005

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    Office spaces available for rent in Brookfield, Wisconsin.

    Type:Office
    Property size:
    6,568 SF
    Added:
    Aug 1, 2018
    Days on Market:
    2847
    Last Refresh:
    Mar 16 at 10:08 am

    Property Features for 13555 Bishops Court

    General Information

    Standard status
    Active
    Size
    6,568 SF
    Property subtype
    Office

    Spaces For Lease

    at 13555 Bishops Court Contact us

    Suite 121 $20/Mo

    Size
    4,168 SF
    Type
    Office
    Lease Rate & Type $20.50/SF GrossnLower Level: $15.00/SF Gross
    Contact us

    Suite 200B $20/Mo

    Size
    1,699 SF
    Type
    Office
    Lease Rate & Type $20.50/SF GrossnLower Level: $15.00/SF Gross
    Contact us

    Suite 345 $20/Mo

    Size
    6,568 SF
    Type
    Office
    Lease Rate & Type $20.50/SF GrossnLower Level: $15.00/SF Gross
    Contact us

    Suite L20 $15/Mo

    Size
    4,168 SF
    Type
    Office
    Lease Rate & Type $20.50/SF GrossnLower Level: $15.00/SF Gross
    Contact us

    Suite 110 $20/Mo

    Size
    4,825 SF
    Type
    Office
    Lease Rate & Type $20.50/SF GrossnLower Level: $15.00/SF Gross
    Contact us

    Suite 200 $20/Mo

    Size
    6,514 SF
    Type
    Office
    Lease Rate & Type $20.50/SF Grossn Lower Level: $15.00/SF Gross
    Contact us

    Suite 240 $20/Mo

    Size
    2,625 SF
    Type
    Office
    Lease Rate & Type $20.50/SF GrossnLower Level: $15.00/SF Gross
    Contact us
    Show more

    We can help!

    Listing Contact
    Patti Stevens
    Patti Stevens

    Listing agent Patti Stevens License #WI 94-47984

    Listing office Founders 3 Real Estate Services Office & Industrial Brokerage Division

    Listing date Aug 1, 2018

    Source Crexi

    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 Founders 3 Real Estate Services Office & Industrial Brokerage Division

    HighLights

    • Office space available.
    • Multiple spaces available (7).
    • Size range from 1,699 SqFt to 6,568 SqFt.
    • Additional property details available.

    Overview

    Office spaces are available for rent in Brookfield, Wisconsin. The available spaces range in size from 1,699 square feet to 6,568 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oak Tree Financial ... Financial Advisor Decade Properties Inc Real Estate Agency Physicians Mutual Insurance Agency Stream Creative Advertising Agency iStream Financial Services Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.0821513
    Latitude
    43.0315186

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      WI, Brookfield - Water Tower Blvd

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      WI, Brookfield - Bishops Way

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      View Details
    • $14 SF/Yr
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      Brookfield Office/Flex/Lab Space Available

      Office, flex, or lab space available for rent in Brookfield.
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      View Details
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      Brookfield Drive-Thru End-Cap Space

      Drive-thru end-cap space in a dense, affluent area.
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      Class A Retail Space Available

      Retail space in active Bluemound Road corridor, opened in 2018.
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      View Details
    • Contact for pricing
      21,500 SF

      Retail Space in The Corridor

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      View Details

    FAQs

    What type of property is this?
    Office units - Office spaces available for rent in Brookfield, Wisconsin.
    Where is this office units located?
    The property is located at 13555 Bishops Court Brookfield, WI.
    What are key features of this property?
    This property features: Office space available.; Multiple spaces available (7).; Size range from **1,699 SqFt to 6,568 SqFt.**
    (414) 249-2318 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patti Stevens
    Patti Stevens
    Real Estate License ID: WI 94-47984
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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