16650 Bluemound Rd & 16620 Brookfield, WI 53005
- Office Properties & Spaces
- 49,799 SF
- 4.30 lot acres
Current Use by Public Records
- Krawczyk Matthew J / Attorney
- Alexei Agapitov, MD, FACC / Cardiologist
- David L Groden, MD / Cardiologist
- Brookfield Heart and Vascular Clinic / Cardiologist / Vascular Surgeon
- David Engle, MD / Cardiologist
Property Details for 16650 Bluemound Rd & 16620
- Lot size
- 4.30 lot acres
- Property size
- 49,799 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a two-building, 49,799-square-foot medical office complex in Brookfield, Wisconsin. Located on a 4.3-acre lot at 16650 W Bluemound Rd & 16620 W Bluemound Rd, zip code 53005, this property enjoys a prime position along the high-traffic Bluemound Road Corridor, averaging nearly 40,000 vehicles daily. The property features eight tenants across two single-story buildings, boasting 100% occupancy. The buildings benefit from excellent visibility with exterior and monument signage opportunities. The property is zoned O&LB and offers an assumable financing option with a 3.750% interest rate. The strong demographics, educated workforce, and abundance of nearby amenities—including high-end retail, upscale hotels, and fine dining—contribute to the property's exceptional value and reduced turnover risk due to significant tenant investment in buildouts. This location provides convenient access to lighted intersections at Calhoun Road and Pilgrim Parkway via Thomas Lane and Wisconsin Avenue. This is a rare opportunity to acquire a premier medical office complex in a thriving Wisconsin market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.1196
- Latitude
- 43.0386