Medical Office Building with Ample
W239 N3490 Pewaukee Rd. Pewaukee, WI 53072
For Sale
Contact for pricing
Office and medical space offered with ample parking near I-94 and retail, dining, and hospitality amenities.
Property Size24,312 SF
Price / SF$163.50
Days on Market121
Property Features for W239 N3490 Pewaukee Rd.
General Information
- Standard status
- Active
- Size
- 24,312 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing Agency:
Bear Realty
Listed By:
Craig Bartsch · License #WI
Source:
Crexi
Added: Mar 25
Changed: Jul 23
Last Checked: Jul 23 at 11:04AM
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 Bear Realty
Investment Insights
Based on property information with market context.
This office building includes space suited for medical office and professional uses. The property offers ample parking for employees and visitors, supporting day-to-day access for appointments, client meetings, and office operations.
Located close to I-94, the building is also conveniently positioned near retail, restaurant, and hospitality amenities, which can help support the needs of service-oriented businesses and healthcare administrative or therapy-related operations.
Located close to I-94, the building is also conveniently positioned near retail, restaurant, and hospitality amenities, which can help support the needs of service-oriented businesses and healthcare administrative or therapy-related operations.
Key Highlights
- Office and medical space available
- Year built: 2008
- Ample parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $603.9k | $24.84 |
| − Vacancy | −$153.9k | −$6.33 |
| EGI | $450.0k | $18.51 |
| − OpEx | −$112.5k | −$4.63 |
| NOI | $337.5k | $13.88 |
24,312 SF · lease $24.84/SF/yr · vacancy 25.48% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$11.45M
$10.02M – $13.36M
NOI $801,756 @ 7.0% cap · market cap 20.17%
Second Best
Office B
$4.82M
$4.22M – $5.63M
NOI $337,525 @ 7.0% cap · market cap 8.49%
Theoretical Best
Flex RnD
$12.41M
$10.86M – $14.48M
NOI $868,569 @ 7.0% cap · market cap 21.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Office and medical space offered with ample parking near I-94 and retail, dining, and hospitality amenities.
Where is this office building located?
The property is located at W239 N3490 Pewaukee Rd. Pewaukee, WI.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: Office and medical space available; Year built: 2008; Ample parking
