3970 Oakland Ave, Shorewood, WI 53211-2265
This 650-square-foot medical office suite is located in the desirable Shorewood, Wisconsin, Village at 3970 N Oakland Ave #406. The space is available for lease at a gross rent of $1,314 per month and includes tenant improvements such as fresh paint, new carpeting, and ceiling tiles. The building is a newly renovated, eco-friendly, and energy-efficient structure featuring the second-largest solar-paneled wall in Wisconsin. Building renovations also include a natural wood wall in the lobby, hallways, updated lighting, and renovated restrooms on every floor. Exterior improvements include new landscaping and a paved parking lot with four electric car charging stations. The building offers 130 total parking spaces and elevator access within its ten stories. The suite boasts an 8-10 foot ceiling height. This single-tenant space is conveniently located near restaurants and shops, and just minutes from downtown Milwaukee. Marque space is available for an additional fee. Tenants are responsible for maintaining the cleanliness of their unit and waste removal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.