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    FOR LEASE
    Office buildings

    5225 N Ironwood Rd, Glendale, WI 53217

    20,004 SF 2.2 ac lot Built 1976
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US92-0373764
    Property summary
    AI-generated overview

    This exceptional executive office building, located at 5225 N Ironwood Rd in Glendale, Wisconsin, offers a variety of flexible spaces to suit your business needs. The single-building property boasts a total of 21,114 square feet, situated on a generous 2.2-acre lot. Multiple tenancy options are available, with a minimum divisible space of 2,264 square feet and a maximum contiguous space of 2,618 square feet. Currently, 4,882 square feet are vacant and ready for immediate occupancy. Individual suites range from 192 to 3,583 square feet, providing ample choices for businesses of all sizes. The property is zoned B-1 and is located in Milwaukee County, with easy access via its Glendale address and 53217 zip code. The Ironwood Office Park offers a park-like setting with abundant off-street parking and green space, creating a pleasant and productive work environment. A newly renovated co-working space is also available, featuring modern furniture, shared printers and copiers, and a café with complimentary amenities and short-term lease options. This is an excellent opportunity to establish your business in a desirable and well-maintained office park.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Total area 20,004 SF
    Lot 2.2 ac (95,832 SF)
    APN 196-8000-000
    UPID US92-0373764
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $625k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $843k
    Blend (final) Blend
    $700k
    Owner & transaction history
    Odg Ironwood LLC · 9 yrs held
    Odg Ironwood LLC
    since 2017
    7 recorded transactions
    2017
    $2.4M
    2011
    $2.6M
    2010
    $2.2M
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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