Office Suites With Elevator
For Sale
Contact for pricing
611-601 N Barker Road, Brookfield, WI 53045
Move-in-ready spaces offer adaptable layouts, elevator service, natural light and on-site parking.
Property Size40,404 SF
Price / SF$0.00
Days on Market88
Property Features for 611-601 N Barker Road
General Information
Standard status
Active
Size
40,404 SF
Elevators
Yes
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$29,927
Amenities
large windows
building signage opportunities
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Jennifer Landro Real Estate Team* · License #5908994
(262) 297-6838
Source:
Exprealty
Added: Aug 6
Changed: Nov 1
Last Checked: Nov 1 at 3:33PM
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 LPT Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 40,404-square-foot office property offers suites ready for occupancy, with layouts that can accommodate a range of professional users. Multiple building entrances, elevator service and large windows add practical features, while on-site parking and opportunities for building signage are also available.
The property is on N Barker Road in Brookfield, across from Poplar Creek Town Center and a short drive from I-94. The Corners of Brookfield, along with restaurants, hotels, coffee shops and banking, are nearby.
The property is on N Barker Road in Brookfield, across from Poplar Creek Town Center and a short drive from I-94. The Corners of Brookfield, along with restaurants, hotels, coffee shops and banking, are nearby.
Key Highlights
- 40,404‑square‑foot office property
- Move‑in‑ready suites with flexible layouts
- Elevator service and multiple building entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$560,932
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,218,640
$11.2M
Cap Rate 7%
$8,013,314
$8.0M
Cap Rate 9%
$6,232,578
$6.2M
Market Conditions
NOI Build-Up for 40,404 SF
Gross rent
$1.00M $24.84/SF
− Vacancy
−$255.7K −$6.33/SF
EGI
$747.9K $18.51/SF
− OpEx
−$187.0K −$4.63/SF
NOI
$560.9K $13.88/SF
Area
Waukesha County, WI
Vacancy
25.48%
Lease Rate
$24.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,218,640
Cap Rate 7%
$8,013,314
Cap Rate 9%
$6,232,578
Alternative Uses
Best Use
Office B
$8.01M
$7.01M – $9.35M
NOI $560,932 @ 7.0% cap · market cap 2,952,273.68%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$20.62M
$18.04M – $24.06M
NOI $1,443,471 @ 7.0% cap · market cap 7,597,215.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
Explore this area
Business Placement
Demographics for 53045, WI
23,651
Population
10,061
Households
2.4
Avg Household Size
45
Median Age
62%
College-Educated
98%
High-School Grad
14.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$116,541
Median Household Income
$62,417
Median Earnings
$1,867
Median Rent
$443,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Move-in-ready spaces offer adaptable layouts, elevator service, natural light and on-site parking.
Where is this office unit located?
The property is located at 611-601 N Barker Road Brookfield, WI.
What are key features of this property?
This property features: 40,404‑square‑foot office property; Move‑in‑ready suites with flexible layouts; Elevator service and multiple building entrances
