Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9875 Franklin Dr Franklin, WI 53132

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14 SF/Yr ($15,750 /Mo)

    Prime Franklin Office Space Available

    Lot size:
    13,500 SF

    Property Features for 9875 Franklin Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,500 SF
    Total Rate
    15750

    Building Details

    Year Built
    1998

    Spaces For Lease

    at 9875 Franklin Dr, Franklin, WI 53132 Contact us
    Unit Suite 301

    $16 /Mo

    Size
    1,900 SF
    Contact us
    Unit Suite 100

    $16 /Mo

    Size
    1,517 SF
    Contact us

    We can help!

    Listing Contact
    Steffi Hahn
    Steffi Hahn

    Listing Agency: Anderson Commercial Group Listing Agent: Steffi Hahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional executive office space in Franklin, Wisconsin's desirable Franklin Business Park offers multiple suites for lease, totaling 13,500 square feet within a 1.65-acre lot. The building, constructed in 1998, provides ample parking with 45 spaces available. Currently, 3,417 square feet of office space is immediately available, divisible into units ranging from a minimum of 1,517 square feet to a maximum contiguous space of 1,900 square feet. The property is conveniently located at 9875 S Franklin Dr, Franklin, WI 53132, in Milwaukee County. Its ideal location offers easy access to major transportation routes, making it a highly attractive option for businesses seeking a professional and efficient workspace. The property's traditional office design provides a classic and functional layout, suitable for a variety of business needs. The property's APN is 900-0001-501
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Gym & Fitness Center Skin Care Clinic Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9794534
    Latitude
    42.8654698

    Nearby Similar for Lease

    • Contact for pricing
      84,900 SF

      Franklin Business Center: Prime Industrial Space

      85,000 SF Multi-Use Industrial; Excellent Location
      5000-5080 Ashland Way, Franklin, WI 53132
      View Details
    • $25 SF/Yr
      5,710 SF

      College Plaza: Medical Office Space

      Franklin, WI: 5,710 SF Available
      6501 27Th St, Franklin, WI 53132
      View Details
    • Contact for pricing
      5,956 SF

      Franklin Retail Strip Center

      High-visibility retail space available in Franklin, WI
      6531 27Th St, Franklin, WI 53132
      View Details
    • $14 SF/Yr
      29,634 SF

      Franklin Executive Office Suites

      Prime Franklin Office Space Available
      9120 Loomis Rd, Franklin, WI 53132
      View Details
    • Contact for pricing

      WI, Franklin - Ballpark Dr

      Discover many ways to work your way in Ayrsley
      7095 Ballpark Dr, Franklin, WI 53132
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space with great visibility and accessibility on Loomis Road.
      9120 West Loomis Rd, Franklin, WI 53132
      View Details
    • Contact for pricing

      Premier Industrial and Flex Space

      Well-managed industrial and flex space in Franklin, WI.
      Franklin, WI 53132
      View Details
    • Contact for pricing
      1,759 SF

      Office Space in Franklin Park

      Office space for lease in Franklin Industrial Park.
      9779 S Franklin Dr, Franklin, WI 53132
      View Details
    • Contact for pricing
      2,774 SF

      Office Space in Franklin Industrial

      Office space for rent in Franklin Industrial Park.
      9809 S Franklin Dr, Franklin, WI 53132
      View Details
    • Contact for pricing
      5,400 SF

      Warehouse and Office Space Available

      Office and warehouse space featuring dock and drive-in access.
      5050-5080 W Ashland Way, Franklin, WI 53132
      View Details
    • Contact for pricing
      22,000 SF

      Wyndham Village Retail Spaces Available

      Prime retail space, high-traffic location. Multiple units available.
      7700 Lovers Lane Rd, Franklin, WI 53132
      View Details
    • $20 SF/Yr
      132,800 SF

      Franklin Medical Office Space

      Class A medical office suites in prime Franklin location.
      7095 Ballpark Dr, Franklin, WI 53132
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Franklin Office Space Available
    Where is this office property / space located?
    The property is located at 9875 Franklin Dr Franklin, WI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Monument signage opportunity.; Immediately available.; Peaceful wooded setting with pond views.
    (414) 425-2700
    Request Owner's contact information
    9875 Franklin Dr Franklin, WI 53132
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9875 Franklin Dr
    Franklin, WI 53132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9875 Franklin Dr Franklin, WI 53132
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steffi Hahn
    Steffi Hahn
    Real Estate License ID: 9057884
    (414) 425-2700 (414) 858-5207
    Learn more
    Google sign-in failed. Please try again or use another login method.