Former Bank Branch with
For Sale
Contact for pricing
400 N Moorland Rd, Brookfield, WI 53005
Former bank branch featuring an existing drive-thru and monument signage along a major retail corridor in Brookfield.
Property Size12,936 SF
Price / SF$309.21
Days on Market10
Property Features for 400 N Moorland Rd
General Information
Standard status
Active
Size
12,936 SF
Property subtype
RETAIL
Site & Location
Traffic Count
23,900 vehicles/day
Highway Access
Yes
Amenities
drive-thru
monument signage
Listing Agency:
Cushman & Wakefield | Boerke
(518) 956-1717
Listed By:
Katie Melbye · License #5768390
(518) 956-1717
Source:
Moodyscre
Added: Jul 21
Changed: Jul 28
Last Checked: Jul 28 at 5:30AM
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 Cushman & Wakefield | Boerke
Investment Insights
Based on property information with market context.
This former bank branch includes an existing drive-thru and is positioned for high storefront exposure along one of Wisconsin’s primary retail corridors. Monument signage is available on Moorland Road, supporting brand visibility for a retail or service use.
The property is directly across from Brookfield Square and is less than 1/2 mile from I-94, providing convenient regional access and an established customer base from the surrounding retail environment.
The asset offers a straightforward, purpose-built banking configuration with drive-thru functionality already in place, making it well suited for operators looking to maintain customer access while adapting the interior for a new use.
The property is directly across from Brookfield Square and is less than 1/2 mile from I-94, providing convenient regional access and an established customer base from the surrounding retail environment.
The asset offers a straightforward, purpose-built banking configuration with drive-thru functionality already in place, making it well suited for operators looking to maintain customer access while adapting the interior for a new use.
Key Highlights
- Former bank branch with existing drive‑thru
- Monument signage available on Moorland Road (23,900 VPD)
- Exceptional visibility along one of Wisconsin’s primary retail corridors
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $388.1k | $30.00 |
| − Vacancy | −$14.0k | −$1.08 |
| EGI | $374.1k | $28.92 |
| − OpEx | −$93.5k | −$7.23 |
| NOI | $280.6k | $21.69 |
12,936 SF · lease $30.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.01M
$3.51M – $4.68M
NOI $280,582 @ 7.0% cap · market cap 7.01%
Second Best
Retail
$2.62M
$2.29M – $3.06M
NOI $183,313 @ 7.0% cap · market cap 4.58%
Theoretical Best
Flex RnD
$6.60M
$5.78M – $7.70M
NOI $462,151 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
23,900 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,208
Businesses Nearby
440k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 24%
Home Improvements & Furnishings 13%
Apparel 9%
Chick-fil-A
Dining
46,606 visits/mo
0.3 miles
Barnes & Noble
Shops & Services
33,371 visits/mo
0.2 miles
World Market
Home Improvements & Furnishings
29,665 visits/mo
0.3 miles
Michaels
Shops & Services
28,474 visits/mo
0.4 miles
JCPenney
Apparel
27,118 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Former bank branch featuring an existing drive-thru and monument signage along a major retail corridor in Brookfield.
Where is this bank located?
The property is located at 400 N Moorland Rd Brookfield, WI.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Former bank branch with existing drive‑thru; Monument signage available on Moorland Road (23,900 VPD); Exceptional visibility along one of Wisconsin’s primary retail corridors
