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    10850 Park Pl Milwaukee, WI 53224

    For Lease
    $11 SF/Yr

    Class A Office Suites, Stunning Lake Views

    Lot size:
    197,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Two Park Plaza, located at 10850 W Park Place in Milwaukee, Wisconsin, 53224, offers exceptional executive office space in a prestigious Class A, 12-story building. This 197,600 square foot building boasts a prime location, conveniently situated off Interstate 41/45 and Good Hope Road. The property features stunning views overlooking a beautifully landscaped ten-acre lake. Available spaces range from 745 square feet to a maximum contiguous space of 16,288 square feet, with a minimum divisible space of 1,251 square feet. Currently, 114,477 square feet of space is vacant and available for lease. Building amenities include a comprehensive conference center, a convenient café and tenant lounge, a fully equipped fitness center complete with locker rooms and showers, and a scenic walking and jogging trail. Covered parking is provided for tenants. On-site management and security ensure a safe and efficient work environment. This property is ideal for businesses seeking a modern, amenity-rich workspace in a desirable Milwaukee location. The building offers multiple tenancy options to accommodate various business sizes and needs.

    Property Features for 10850 Park Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    197,600 SF
    Class
    A
    Total Rate
    189366.67

    Building Details

    Stories
    12

    Unit(s) available at that property

    Space
    First Floor Suite 120
    Size
    7,812 SF
    Rate per SF
    $11
    Space
    First Floor Suite 150
    Size
    11,276 SF
    Rate per SF
    $11
    Space
    Second Floor Suite 200
    Size
    4,887 SF
    Rate per SF
    $11
    Space
    Third Floor Suite 350
    Size
    13,360 SF
    Rate per SF
    $11
    Space
    Fourth Floor Suite 430
    Size
    1,848 SF
    Rate per SF
    $11
    Space
    Fourth Floor Suite 440
    Size
    745 SF
    Rate per SF
    $11
    Space
    Fourth Floor Suite 460
    Size
    1,423 SF
    Rate per SF
    $11
    Space
    Fifth Floor Suite 500
    Size
    2,348 SF
    Rate per SF
    $11
    Space
    Fifth Floor Suite 520
    Size
    5,028 SF
    Rate per SF
    $11
    Space
    Fifth Floor Suite 530
    Size
    3,573 SF
    Rate per SF
    $11
    Space
    Fifth Floor Suite 540
    Size
    1,251 SF
    Rate per SF
    $11
    Space
    Fifth Floor Suite 560
    Size
    1,992 SF
    Rate per SF
    $11
    Space
    Sixth Floor Suite 650
    Size
    13,085 SF
    Rate per SF
    $11
    Space
    Fifth Floor Suite 580
    Size
    2,096 SF
    Rate per SF
    $11
    Space
    Seventh Floor Suite 700
    Size
    16,288 SF
    Rate per SF
    $11
    Space
    Eighth Floor Suite 850
    Size
    11,177 SF
    Rate per SF
    $11
    Space
    Twelfth Floor Suite 1200
    Size
    16,288 SF
    Rate per SF
    $11

    HighLights

    • Prestigious Class A, 12‑story office building in Milwaukee, WI.
    • Prime location off I‑41/45 and Good Hope Road, with stunning lake views.
    • 114,477 square feet of vacant space available for lease, with suites ranging from 745 to 16,288 square feet.
    • Building amenities include a conference center, café, fitness center, and covered parking.
    • On‑site management and security.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Allan J. ... Psychiatrist Crisis Prevention Institute Educational Consultant Timpani Capital Management Financial Planner Stansbury Carlton D Attorney Bandle & Zaeske LLP Divorce Lawyer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0492848
    Latitude
    43.1507433

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, Stunning Lake Views
    Where is this office property / space located?
    The property is located at 10850 Park Pl Milwaukee, WI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Prestigious Class A, 12-story office building in Milwaukee, WI.; Prime location off I-41/45 and Good Hope Road, with stunning lake views.; 114,477 square feet of vacant space available for lease, with suites ranging from 745 to 16,288 square feet.
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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
    10850 Park Pl Milwaukee, WI 53224
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