Office Building for
5250 S 108th St Hales Corners, WI 53130
5250 S 108th St, Hales Corners, WI, 53130
Contact for pricing
For Sale
Contact for pricing
Office building with 20,048 square feet available for sale.
Property Size20,048 SF
Price / SF$274.34
Days on Market2356
Property Features for 5250 S 108th St
General Information
- Standard status
- Active
- Size
- 20,048 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing Agency
Anderson Commercial Group, LLC
(414) 425-2700
Listed by
Steve Anderson · License #WI 90-51327
Source
Crexi
Added: Feb 3, 2020 Checked: Jul 17 at 3:24 am
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 Anderson Commercial Group, LLC
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total size of 20,048 square feet. The property is available for sale.
Key Highlights
- Built in 2005 (relatively modern construction)
Local Financial Insights For Office B
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 | $498.0k | $24.84 |
| − Vacancy | −$132.5k | −$6.61 |
| EGI | $365.5k | $18.23 |
| − OpEx | −$91.4k | −$4.56 |
| NOI | $274.1k | $13.67 |
20,048 SF · lease $24.84/SF/yr · vacancy 26.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.92M
$3.43M – $4.57M
NOI $274,145 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.75M
$4.16M – $5.55M
NOI $332,788 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Forward Dental - Hales ...
Dental Office
Ellie Mental Health
Crisis Center
Aurora Dermatology
Medical Clinic
Frederick Marcus Walker
Dental Office
Matthew J. Bernard, ...
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building with 20,048 square feet available for sale.
Where is this office building located?
The property is located at 5250 S 108th St Hales Corners, WI.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Built in 2005 (relatively modern construction)
