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Three-Story Office Campus
New
For Sale
$3,450,000

9779 & 9809 Franklin Drive, Franklin, WI 53132

Twin buildings offer flexible suites, on-site parking, and existing rental income from an established tenant roster.

Property Size62,679 SF
Lot Size7.39 Acres
Price / SF$55.04
Days on Market2

Property Features for 9779 & 9809 Franklin Drive

General Information

Standard status Active
Size 62,679 SF
Class B
Total Parking Spaces 196
Lot size 7.39 Acres
Property subtype Office - General Office
Occupancy 58%

Additional Details

Highway Access Yes
Sprinkler System Yes

Building Details

Building Size 62,679 SF
Year Built 1998
Buildings 2
Stories 3
Construction steel and masonry
Tenancy Multi
Listing Agency: Hilco Global
Listed By: Chet Evans · License #475140596
Source: Commercialcafe
Added: Oct 19 Last Checked: Oct 19 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hilco Global

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Investment Insights

Based on property information with market context.

Franklin Corporate Center is a 62,679-square-foot office property on 7.39 acres, comprising two three-story steel and masonry buildings constructed in 1996 and 1998. The fully sprinklered complex includes two parking lots, an additional land parcel, and 196 surface parking spaces. Suites range from 696 to 10,729 square feet, and the property is 58% occupied. Tenants include the Transportation Security Administration, Tiger Aesthetics Medical, and Griffin Purnell, LLC; weighted average lease term exceeds five years.

Located in Franklin Business Park in Franklin, Wisconsin, the property has access to I-94 and I-894. Milwaukee Mitchell International Airport is approximately 10 minutes away, and downtown Milwaukee is about 20 minutes away. Ascension Wisconsin Hospital’s Franklin Campus is nearby. The business park is otherwise industrial, with this complex identified as its only standard office property.

Key Highlights

  • 62,679± SF office campus on 7.39± AC
  • Twin three‑story steel and masonry buildings, built in 1996 and 1998
  • 58% occupied; weighted average lease term exceeds five years

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Skin Care Clinic Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

58%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 53132, WI

36,166
Population
14,073
Households
2.6
Avg Household Size
44
Median Age
46%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
1,042
Density / Sq Mi
$110,656
Median Household Income
$64,194
Median Earnings
$1,380
Median Rent
$345,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Twin buildings offer flexible suites, on-site parking, and existing rental income from an established tenant roster.
Where is this office building located?
The property is located at 9779 & 9809 Franklin Drive Franklin, WI.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 62,679± SF office campus on 7.39± AC; Twin three‑story steel and masonry buildings, built in 1996 and 1998; 58% occupied; weighted average lease term exceeds five years
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