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    5000 Towne Dr New Berlin, WI 53151

    For Lease
    $13 SF/Yr

    Executive suites & restaurant space available. 74,000 sq ft total.

    Lot size:
    74,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional New Berlin, Wisconsin property, located at 5000 S Towne Dr, offers a unique opportunity for businesses seeking flexible office space. The 74,000 square foot building, constructed in 2000, features a mix of executive office suites and restaurant space, currently offering 30,000 square feet of immediately available space. Units are divisible down to 5,000 square feet, with the potential to lease the entire 74,000 square foot building contiguously. The property sits on a substantial 6.97-acre lot, providing ample space and parking. With over 365 parking spaces available, employee and client parking is never a concern. The M-1 zoning allows for a variety of commercial uses. The property's location in Waukesha County, Wisconsin, offers easy access to major transportation routes and a thriving business community. The APN is NBC 1257998004 and the zip code is 53151. This is an excellent opportunity to secure high-quality office space in a desirable location. Contact us today to learn more about leasing options and explore the possibilities for your business.

    Property Features for 5000 Towne Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,000 SF
    Total Rate
    80166.67

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Available Space
    Size
    30,000 SF
    Rate per SF
    $16

    HighLights

    • 74,000 SF building divisible down to 5,000 SF units.
    • Half‑mile from I‑43 with freeway visibility.
    • Near Moorland Rd restaurants and shopping.
    • Variety of common areas.
    • Offers both collaborative workspace and private offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1135198
    Latitude
    42.9544117

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    FAQs

    What type of property is this?
    Restaurant - Executive suites & restaurant space available. 74,000 sq ft total.
    Where is this restaurant located?
    The property is located at 5000 Towne Dr New Berlin, WI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 74,000 SF building divisible down to 5,000 SF units.; Half-mile from I-43 with freeway visibility.; Near Moorland Rd restaurants and shopping.
    Request Owner's contact information
    5000 Towne Dr New Berlin, WI 53151
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    Realmo Value Estimation

    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.

    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.

    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
    5000 Towne Dr New Berlin, WI 53151
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