Building Details

Year Built 1970

Listing Agency: JLL - Milwaukee, Wisconsin Show Phone

Listed By: Nick Hepner · License #WI 94-84494

Source: Crexi

Added: Nov 16, 2023 Changed: Jul 10 Last Checked: Jul 30 at 12:49PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Available for lease
• Year Built: 1970

Property Analytics

Property Profile

Current Use

Office Spaces

Suggested Use

Top Pick Restaurant Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Auto Repair Shop

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

555

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Lease Benchmarks for Brookfield, WI

$77.49 /SF/Yr

Avg Asking Price

$12–$141 /SF/Yr

Price Range

2,241 SF

Avg Space Size

This space is priced 72% below the average of $77.49 /SF/Yr.

Properties on Market for Office Spaces in Brookfield

Jan

Feb

Mar

Apr

May

Jun

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office spaces located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

Where is this office space located?

The property is located at 2445 N 124th St Brookfield, WI.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: Available for lease; Year Built: 1970