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Property profile & analytics
OFF-MARKET
Office Spaces

1425 Discovery Pkwy Wauwatosa, WI 53226

25,926 SF 2.13 ac lot Built 2014
Property ID
Property summary
AI-generated overview

This exceptional Class A executive office building, located at 1425 Discovery Pkwy in Wauwatosa, Wisconsin, presents a compelling investment opportunity. The property boasts 25,926 to 32,649 square feet of space, spread across three stories, and sits on a 2.13-acre lot. Built and renovated in 2014, the building features a LEED Gold certification, reflecting its commitment to sustainability. Its prime location directly off I-41 offers convenient access to downtown Milwaukee (just 10 minutes away) and the UWM Innovation Campus. The surrounding area includes the beautiful County Grounds Park and its extensive walking trails. Amenities within the building include a conference room, fitness center, training room, café, outdoor patio, and an outdoor walking path. Further enhancing its appeal are an on-site generator, high-bandwidth fiber optic capability, electric vehicle charging stations, and excellent signage opportunities. The building is currently vacant, offering a blank canvas for a new tenant or owner. The asking price is $13,500,000, with a price per square foot of $148.33. The property is zoned G-2 and offers ample parking (4.51 spaces per 1,000 sq ft). Its proximity to the Milwaukee County Research Park and Milwaukee Regional Medical Center adds to its strategic value. This is a rare opportunity to acquire a high-quality, well-appointed office building in a thriving location. The lease type is NNN.

Property profile
Verified
Property type Office Spaces
Year built 2014
Total area 25,926 SF
Lot 2.13 ac (92,783 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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