Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Restored Landmark Office Space Title is generated by Realmo AI

    4425 North Port Washington Road, Glendale, WI 53212

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr $167,152/Mo (calc)

    Architecturally significant office building in Glendale, Wisconsin.

    Type:Office
    Property size:
    133,722 SF
    Added:
    Nov 22, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 5 at 8:10 pm

    Property Features for 4425 North Port Washington Road

    General Information

    Standard status
    Active
    Size
    133,722 SF
    Property subtype
    Office

    Spaces For Lease

    at 4425 North Port Washington Road Contact us

    We can help!

    Listing Contact
    John Mazza

    Listing agent John Mazza

    Listing office CBRE, Inc.

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE, Inc.

    HighLights

    • Restored architectural landmark originally built in 1929.
    • Convenient location off Interstate 43 with easy access to downtown Milwaukee and the North Shore.
    • Renovated in 2002 with modern amenities while preserving historic character.
    • Close proximity to Bayshore Town Center for retail and dining.
    • Suitable for a wide range of businesses (medical, legal, tech, service‑based).
    • Colonial Revival façade added during the 2002 renovation.

    Overview

    East Lake Towers, originally constructed in 1929 as the American Lace Paper Company Factory, is a restored architectural landmark located in Glendale, Wisconsin. Designed by Richard Philipp in the Late Gothic Revival style, the building was significantly renovated in 2002. The renovation included the addition of a Colonial Revival façade and modern amenities, while preserving the building's historic character. The property is located just off Interstate 43, providing connectivity to downtown Milwaukee and the North Shore region. Bayshore Town Center, which serves as the neighborhood’s retail and dining hub, is located nearby. East Lake Towers offers a professional environment suitable for various tenants, including medical, legal, tech, and service-based businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9091
    Latitude
    43.0744

    Nearby Similar for Lease

    • $129-$3,676/Mo
      11-1,292 SF

      Bayshore Town Center

      500 Silver Spring Dr, Unit K200, Glendale, WI 53217
      View Details
    • $3,600/Mo
      10,800 SF

      Glendale Industrial Space Available

      Industrial space for lease in Glendale, Wisconsin.
      6581-6585 N Sidney Pl, Glendale, WI 53209
      View Details
    • $23 SF/Yr
      49,093 SF

      Glendale Office Building For Rent

      Office building in Glendale, Wisconsin, 15 minutes from Milwaukee.
      5757 North Green Bay Avenue, Glendale, WI, 53209
      View Details
    • $19 SF/Yr
      671 SF

      Glendale Office Space For Rent

      Office space with flexible floor plans and ample parking.
      7161 N Port Washington Rd, Glendale, WI
      View Details
    • $15 SF/Yr
      11,000 SF

      Loft-Style Office Space Available

      Functional office space with direct elevator access and natural light.
      4425 N Port Washington Rd, Glendale, WI
      View Details
    • Contact for pricing

      Retail Space on Silver Spring

      Retail space with high visibility on Silver Spring Drive.
      430 West Silver Spring Drive | Glendale, WI 53217
      View Details
    • $21 SF/Yr
      709 SF

      Glendale Office Space Available

      709 SF office space with two private offices.
      5555 N Port Washington Rd, Glendale, WI
      View Details
    • Contact for pricing
      1,459 SF

      Retail Space in Milwaukee's North Shore

      Prime retail location with access and signage opportunities.
      6801-6823 N Green Bay Ave, Glendale, WI
      View Details
    • $19 SF/Yr
      1,245 SF

      Glendale Office Space Available

      Office space for rent with excellent highway access and visibility.
      5150 N Port Washington Rd, Glendale, WI
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for rent at Bayshore Drive.
      5800 North Bayshore Drive | Glendale, WI 53217
      View Details
    • $16 SF/Yr
      2,819 SF

      Glendale Office Space For Rent

      Office suites available with ample parking and high visibility.
      7040 N Port Washington Rd, Glendale, WI
      View Details
    • $17 SF/Yr
      244 SF

      Glendale Office Park Co-working Space

      Newly renovated co-working space in Glendale, short-term leases available.
      5215 N Ironwood Rd, Glendale, WI
      View Details

    FAQs

    What type of property is this?
    Office building - Architecturally significant office building in Glendale, Wisconsin.
    Where is this office building located?
    The property is located at 4425 North Port Washington Road Glendale, WI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Restored architectural landmark originally built in 1929.; Convenient location off Interstate 43 with easy access to downtown Milwaukee and the North Shore.; Renovated in 2002 with modern amenities while preserving historic character.
    (414) 273-0880
    We can help!
    Listing Contact
    John Mazza
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4425 North Port Washington Road, Glendale, WI, 53212
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!