N87W17301 Main St Milwaukee, WI 53051

Listing agency Colliers - San Diego - Carlsbad, California

Listed by Jay Patel · License #01512624

Source Crexi

Added: Apr 12 Updated: Jul 22 at 5:08PM Checked: Jul 22 at 5:08PM

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Investment Insights

Based on property information with market context.

The Menomonee Falls DaVita Kidney Care suite is located within a 12,437-square-foot medical retail building that is shared with Fred Astaire Franchise Dance Studio. DaVita occupies 6,065 SF (50.67% of the building), while Fred Astaire occupies 5,904 SF (49.33%). The DaVita lease includes scheduled annual rent increases of 3% and two, five-year renewal options. Fred Astaire is on a flat lease with one five-year option to renew.

The property is easily accessible, located to the west of Freeway 175 and Interstate 41 along a major thoroughfare and retail corridor. It is 1.5 miles north of Froedtert Menomonee Falls Hospital, and adjacent to the Froedtert Town Hall Health Center and Medical College of Wisconsin. Crossroads Shopping Center is also 1.5 miles north, and major retailers such as Home Depot, Wal-Mart, Costco, TJ Maxx, Target, and Kohl’s are within a 2-mile radius.

This offering reflects an ownership interest in a multi-tenant medical retail building with two established occupants and defined lease terms.

Key Highlights

• DaVita occupies 6,065 SF in a 12,437 SF medical retail building shared with Fred Astaire Franchise Dance Studio
• DaVita space is 50.67% of the building; Fred Astaire space is 49.33%
• DaVita lease includes scheduled 3% annual rent increases plus two 5‑year renewal options

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FAQs

What type of property is this?

Medical Office Space - DaVita occupies 6,065 SF in a 12,437 SF medical retail building shared with a dance studio tenant.

Where is this medical office space located?

The property is located at N87W17301 Main St Milwaukee, WI.

What are key features of this property?

This property features: DaVita occupies 6,065 SF in a 12,437 SF medical retail building shared with Fred Astaire Franchise Dance Studio; DaVita space is 50.67% of the building; Fred Astaire space is 49.33%; DaVita lease includes scheduled 3% annual rent increases plus two 5‑year renewal options