8949 N Deerbrook Trail, Brown Deer, WI 53223
New office condo units with multiple pre-leased spaces, offering flexibility for business and investment buyers.
- Added:
- Mar 23, 2026
- Days on Market:
- 82
- Last Refresh:
- Jun 11 at 3:21 am
Property Features for 8949 N Deerbrook Trail
General Information
- Standard status
- Active
- Size
- 17,176 SF
Listing agent Rachel Greer License #97647-94 (262) 307-1440
Listing office First Weber Inc -NPW (262) 307-1440
Listing date Mar 23, 2026
Source Exprealty
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 First Weber Inc -NPW
HighLights
- New office condo community with 17 units listed at 176 SF
- 6–8 units are pre‑leased
- Express financing available with Hiawatha National Bank
- Nearby and area developments mentioned include Potawatomi’s Fireside Market (> $10,000,000), Cobalt Partners Sports Complex (> $80,000,000), and a Target location (> $20,000,000)
Overview
The property is located at 8949 N Deerbrook Trail in Brown Deer, Wisconsin. Financing is described as available through Hiawatha National Bank, and the public remarks highlight surrounding new development activity, including nearby retail and residential projects.
For buyers, this structure can appeal to investors looking for an office condo-style package with several units already pre-leased, as well as businesses evaluating space within a coordinated, newly introduced office condo environment. The condo format may support a range of tenant needs and operational approaches, while the pre-leased component helps establish income potential at acquisition. Buyers are encouraged to review unit availability and lease details during their tour.
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 | $426.7k | $24.84 |
| − Vacancy | −$113.5k | −$6.61 |
| EGI | $313.2k | $18.23 |
| − OpEx | −$78.3k | −$4.56 |
| NOI | $234.9k | $13.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brown Deer
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9674361
- Latitude
- 43.1805915
