150 Sunny Slope Rd Brookfield, WI 53005
Call to check price and availability
High-yield retail investment, Wisconsin.
Property size:
200,887 SFProperty Features for 150 Sunny Slope Rd
General Information
- Property type
- Retail properties & Spaces
- Square Feet
- 200,887 SF
- Lot Size
- 65,340 SF
Building Details
- Buildings
- 5
Listing Agency: Newmark Listing Agent: Rachel Schmidt, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents five multi-tenant retail buildings totaling 200,887 square feet, strategically located across Brookfield and Wauwatosa, Wisconsin. The portfolio boasts a compelling 91.93% cap rate and a current NOI of $1,115,619, with a pro-forma NOI of $1,097,618. Currently 77.12% occupied, this portfolio offers significant upside potential through lease-up of vacant spaces. Buildings were constructed between 1977 and 1990 and sit on land parcels ranging from 1.5 to 3.67 acres. The properties provide ample parking, with a ratio of 4 spaces per 1,000 square feet. Three buildings are situated in Brookfield, conveniently located near Brookfield Square, offering proximity to restaurants, hotels, medical facilities, and the Brookfield Conference Center. Two additional buildings are located on a prominent Wauwatosa commercial corridor, across from the Milwaukee County Research Park and near retail and medical office spaces. The asking price for this portfolio is $14,650,000, representing a price per square foot of $72.93. The adjacent 150 S. Sunny Slope Road and 150 N. Sunny Slope Road properties in Bishops Woods Office Park present potential for future redevelopment. This portfolio offers a rare opportunity to acquire a high-performing retail investment with substantial growth potential in a thriving Wisconsin market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lafarge North America
Building Supply
Heilind Electronics Inc
Electronics & Wireless Store
Brookfield Health and Wellness
Gym & Fitness Center
Medical Impressions LLC
Medical Clinic
Zachary Kienol
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.085691
- Latitude
- 43.0316318
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - High-yield retail investment, Wisconsin.
Where is this retail property located?
The property is located at 150 Sunny Slope Rd Brookfield, WI.
What is the asking price?
The asking price for this property is $14,650,000.
What are key features of this property?
This property features: 155 S. Executive Drive offers walkable access to Brookfield Square's amenities, including a new conference center, restaurants, apartments, hotels, and medical facilities, with further development planned.; 933 N. Mayfair Road and 1011 N. Mayfair Road enjoy a prime Wauwatosa location across from the Milwaukee County Research Park, offering proximity to retail, medical offices, and future apartment developments.; 150 S. Sunny Slope Road and 150 N. Sunny Slope Road are contiguous sites in Brookfield's Bishops Woods Office Park, situated on a major road between Bluemound Road and Greenfield Avenue, presenting redevelopment opportunities.
