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

    3930 Brookfield Rd Brookfield, WI 53005

    Sponsored
    For Lease
    $22 SF/Yr ($16,564 /Mo)

    Prime Brookfield location, 1,200 SF available.

    Lot size:
    9,035 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    422
    This exceptional retail strip center, located at 3930-3970 N Brookfield Rd in Brookfield, Wisconsin, presents a fantastic leasing opportunity. The property boasts a total of 9,035 square feet, with 1,200 square feet currently available for lease. This space is part of a multi-tenant building situated on a 1.03-acre lot, providing ample parking for customers and employees. The property is zoned PDD (Planned Development District), offering flexibility for a variety of retail uses. The address is 3930 N Brookfield Rd, Brookfield, WI 53005, in Waukesha County. The property's convenient location and ample parking make it an ideal space for businesses seeking high visibility and accessibility. The property identification number (APN) is BR C1042994002. This is a prime opportunity to establish or expand your retail presence in a thriving Brookfield community. The available space offers significant potential for a variety of retail concepts. Don't miss this chance to secure a space in this well-maintained and strategically located retail center. Contact us today to learn more about leasing this exceptional property.

    Property Features for 3930 Brookfield Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,035 SF
    Total Rate
    16564.17

    Spaces For Lease

    at 3930 Brookfield Rd, Brookfield, WI 53005 Contact us
    Unit Available Space

    $22 /Mo

    Size
    1,200 SF
    Contact us

    We can help!

    Listing Contact
    Colin Hough
    Colin Hough

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Take-out & Catering Great Wall Restaurant Restaurant Midwest Dental - Brookfield Dental Office Dr. Cristine Smith Dental Office Gigi Nails Nail Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.099845
    Latitude
    43.0717382

    Nearby Similar for Lease

    • Contact for pricing

      Brookfield Retail Space For Lease

      High-visibility retail space in a bustling Brookfield location.
      3930 N Brookfield Rd, Brookfield, WI 53045
      View Details
    • Contact for pricing

      Retail Space in The Corridor

      Retail and medical office space in Brookfield's mixed-use development.
      350 Discovery Dr, Brookfield, WI 53045
      View Details
    • Contact for pricing
      16 SF

      Brookfield Square Retail Opportunity

      Retail space for lease in Brookfield Square mixed-use destination.
      15875 West Bluemound Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing
      22,000 SF

      Brookfield Office Sublease Opportunity

      22,000 SF office sublease in The Corridor, Brookfield, WI.
      17335 Golf Pkwy, Brookfield, WI 53045
      View Details
    • $7 SF/Yr
      5,711 SF

      Brookfield Office Space Available

      Flexible workspace solutions in Brookfield, WI.
      20225 Water Tower Blvd, Brookfield, WI 53045
      View Details
    • $7 SF/Yr
      6,249 SF

      Brookfield Office Space Available

      Flexible Offices in Prime Location
      120 Bishops Way, Brookfield, WI 53005
      View Details
    • $7 SF/Yr
      4,688 SF

      Brookfield Office Space Available

      Flexible workspace solutions in Brookfield, WI.
      0 Wisconsin Ave, Brookfield, WI 53005
      View Details
    • $10 SF/Yr
      56,227 SF

      Brookfield Office & Retail Space

      Prime Bluemound Rd location, flexible spaces available
      17800 Bluemound Rd, Brookfield, WI 53045
      View Details
    • Contact for pricing
      864,339 SF

      Brookfield Square: Prime Commercial Space

      Retail, office, restaurant space available in Brookfield, WI.
      95 Moorland Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing
      219,000 SF

      Brookfield Fashion Center: Prime Retail

      Fully Leased Shopping Center on Bluemound Road
      16800 Bluemound Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing
      109,000 SF

      The Plaza: Brookfield Retail Spaces

      High-traffic retail center; spaces available.
      17105-17165 Bluemound Rd, Brookfield, WI 53005
      View Details
    • $700 /Mo

      Brookfield Office Space For Rent

      Prime office space in a vibrant Brookfield location with easy access.
      15850 W Bluemound Rd, Brookfield, WI 53005
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Brookfield location, 1,200 SF available.
    Where is this neighborhood center located?
    The property is located at 3930 Brookfield Rd Brookfield, WI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    (414) 425-2700
    Request Owner's contact information
    3930 Brookfield Rd Brookfield, WI 53005
    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.
    3930 Brookfield Rd
    Brookfield, WI 53005
    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
    3930 Brookfield Rd Brookfield, WI 53005
    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
    Colin Hough
    Colin Hough
    Real Estate License ID: 9475610
    (414) 425-2700
    Learn more
    Google sign-in failed. Please try again or use another login method.