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Water Street Office Sublease Available
For Lease
$16 SF/Yr

1433 N Water St, Milwaukee, WI 53202

Office space for sublease with river and Riverwalk access.

Space SizeContact for details
Days on Market118

Property Features for 1433 N Water St

General Information

Standard status Active
Class B
Property subtype office
Listing Agency: Milwaukee
Listed By: Daniel Jessup · License #46616-90
Source: Property.jll
Added: Apr 15 Changed: Aug 8 Last Checked: Apr 14 at 8:12PM

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 Milwaukee

Investment Insights

Based on property information with market context.

Available for sublease is an office space located at 1433 N Water St. The available square footage ranges from 13,000 to 25,004 square feet. The property is located on the river and offers excellent access to the River Walk. Furniture is available. Parking is provided with 44 parking stalls in the attached surface lot at an average price of $135 per month, and 32 parking stalls in the underground garage at an average price of $170 per month. There is possible boat slip access. The property may also offer access to a first-floor conference or training center, a tenant lounge or café, and a full-service catering kitchen.

Key Highlights

  • Located on the river with excellent access to the River Walk.
  • Available square footage: 13,000 - 25,004 SF.
  • Furniture available.

Property Analytics

Current Use

Purely IT, LLC IT Consulting Firm Corberry Digital LLC Marketing & Advertising Courtney & Molter, S.C. Law Firm Exner Legal Law Firm Concept Co. Marketing & Advertising

Suggested Use

Top Pick Auto Parts Store HVAC Service Building Supply Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,992
Businesses Nearby

Demographics for 53202, WI

27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value

Market

Lease Benchmarks for Milwaukee, WI

$27.53 /SF/Yr
Avg Asking Price
$0.68–$275 /SF/Yr
Price Range
13,361 SF
Avg Space Size

This space is priced 42% below the average of $27.53 /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 units - Office space for sublease with river and Riverwalk access.
Where is this office units located?
The property is located at 1433 N Water St Milwaukee, WI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located on the river with excellent access to the River Walk.; Available square footage: 13,000 - 25,004 SF.; Furniture available.
More about this property
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