Current Use by Public Records
- Krawczyk Matthew J / Law Firm
- Alexei Agapitov, MD, FACC / Physician
- David L Groden, MD / Physician
- Brookfield Heart and Vascular Clinic / Medical Clinic
- David Engle, MD / Physician
Property Details for 16650 Bluemound Rd & 16620
- Lot size
- 4.30 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
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 Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.1196
- Latitude
- 43.0386
