200 Moorland RdBrookfield, WI 53005

For Lease
$25/SF/YR

Prime Medical Office Suites, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional two-story, 9,000 square foot medical office building in Brookfield, WI, presents a lucrative investment opportunity. Situated on a 0.88-acre lot at 200 N Moorland Rd (zip code 53005), this property boasts 42 parking spaces and benefits from a B-3 zoning designation. Built in 1999, the building has undergone significant recent updates, including a new roof, HVAC system, resurfaced parking lot, upgraded lighting, renovated restrooms and locker rooms, enhanced security cameras, new condensers, and fresh interior paint. Currently operating as a successful salon and spa with private suites and chair rentals available, the property also holds an active wine and restaurant license. The high-traffic location, with approximately 34,311 cars passing daily, offers exceptional visibility. Its proximity to Brookfield Square, a vibrant shopping center featuring national retailers and restaurants, and its less-than-half-mile distance to Highway 94, further enhance its appeal. The property's current net operating income (NOI) is $265,000, representing an 8% capitalization rate (proforma available). This turnkey operation is ideally positioned for continued success and offers significant potential for future growth. The property's APN is BRC1111995001.

Highlights

  • 9,000 SF medical office building on a 0.88-acre lot in Brookfield, WI (53005).
  • 42 parking spaces and B-3 zoning.
  • Recently renovated with new roof, HVAC, parking lot, lighting, restrooms, locker rooms, security cameras, condensers, and interior paint.
  • High-traffic location (34,311 cars daily) near Brookfield Square and Highway 94.
  • Current NOI of $265,000 and 8% cap rate (proforma available).

Property Details for 200 Moorland Rd

Property type
Other specialty properties, Other retail properties
RSF (Rentable sq. ft)
9,000 SF
Year Built
1999
Buildings
1
Stories
2

Unit(s) available at that property

Space
Size
9,000 SF
Rate per SF
$25

Location Insight

City
Brookfield
County
Waukesha
State
Wisconsin
Latitude
43.03298362118
Longitude
-88.106300755297
200 Moorland Rd, Brookfield, Wisconsin

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200 Moorland Rd
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