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Prominent Office Building with Lake Views
For Lease
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875 E Wisconsin Ave, Milwaukee, WI 53202

Office building with lake views and planned amenity upgrades.

Space Size3,370 SF - 7,040 SF
Property Size249,388 SF
Days on Market704

Property Features for 875 E Wisconsin Ave

General Information

Standard status Active
Size 3,370 SF - 7,040 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 249,388 SF
Tenancy Multiple

Spaces For Lease

at 875 E Wisconsin Ave Contact us

First Floor

Size
3,370 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Second Floor

Type
Office
Lease Type
NNN
Availability
Active
Contact us

Third Floor

Type
Office
Lease Type
NNN
Availability
Active
Contact us

First Floor

Size
7,040 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Colliers - Milwaukee, Wisconsin
Listed By: Jenna Maguire · License #WI 94-74531
Source: Crexi
Added: Sep 18, 2024 Changed: Aug 12 Last Checked: Aug 21 at 7:16AM

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 Colliers - Milwaukee, Wisconsin

Investment Insights

Based on property information with market context.

Located prominently along Wisconsin Avenue, this office building offers views of Lake Michigan and the Milwaukee Art Museum from all floors. It provides convenient access to the US Bank Center via Skyway, The Couture, emerging retail amenities, and events along Lincoln Memorial Drive. The ownership plans significant upgrades to the building, including renovation and activation of outdoor spaces, a tenant lounge, training room, fitness center, and lobby upgrades. This property is intended for office use.

Key Highlights

  • Breathtaking views of Lake Michigan and the Milwaukee Art Museum from all floors.
  • Convenient Skyway access to the US Bank Center.
  • Proximity to The Couture and its emerging retail amenities.

Property Analytics

Current Use

Empire Marketing Strategies, ... Food Broker Roundys Corporate Ofice Corporate Office Artisan Partners Financial Advisor Roundy's Supermarkets, Inc. ... Grocery & Convenience Store Ctgy Financial Advisor

Suggested Use

Top Pick Auto Parts Store Building Supply Electrical Service HVAC Service Auto Repair Shop (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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,713
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

$16.54 /SF/Yr
Avg Asking Price
$7–$21.5 /SF/Yr
Price Range
42,706 SF
Avg Space Size

This space is priced 33% above the average of $16.54 /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 building - Office building with lake views and planned amenity upgrades.
Where is this office building located?
The property is located at 875 E Wisconsin Ave Milwaukee, WI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Breathtaking views of Lake Michigan and the Milwaukee Art Museum from all floors.; Convenient Skyway access to the US Bank Center.; Proximity to The Couture and its emerging retail amenities.
More about this property
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