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Property profile

7198-7308 Millers Way Milwaukee, WI 53214

OFF-MARKET
Life science properties
152,808 SF Built 2024
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Property summary

AI-generated overview

This exceptional Oak Creek, Wisconsin industrial property, located at 7198-7308 S. Millers Way, zip code 53214, offers 152,808 square feet of versatile space across four single-story buildings. The property boasts a Class B rating and was newly constructed in 2024. Ideal for a variety of uses, including traditional office, medical office, manufacturing, R&D, and flex space, it features a minimum divisible space of 2,880 square feet and a maximum contiguous space of 38,280 square feet. The buildings are constructed of masonry and offer ceiling heights ranging from 16 to 18 feet, providing ample room for various operations. Ample parking is available with a ratio of 4 spaces per 1,000 square feet. The property is zoned LM-1 PUD and enjoys excellent visibility on the Howell Avenue corridor, just two miles east of Interstate 94. This prime location in Milwaukee County offers easy access to major transportation routes and a thriving business community. The property is currently available for multiple tenants.

Property profile

Verified
Property type Life science properties
Year built 2024
Total area 152,808 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7198-7308 Millers Way Milwaukee, WI 53214
Milwaukee metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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