For Sale
$3,249,000

200 Moorland RdBrookfield, WI 53005

High-traffic, mixed-use building, excellent NOI.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 9,500 square foot mixed-use building in Brookfield, WI, presents a compelling investment opportunity. Located at 200 N Moorland Rd, 53005, this two-story, 1999-built property boasts stunning masonry construction and high visibility on a major retail corridor. The property sits on a 0.88-acre lot (APN: 1111995001) and is zoned B-3, allowing for a variety of uses including creative office, medical office, and restaurant spaces. The first floor features an open concept layout, ideal for retail or restaurant use, while the second floor offers eleven private suites, complete with water access, locker rooms, and restrooms. Recent updates include a new roof, HVAC system, resurfaced parking lot, upgraded lighting, renovated restrooms and locker rooms, new security cameras, updated condensers, and fresh interior paint. The property currently generates a net operating income (NOI) of approximately $301,487, resulting in a 9.28% cap rate. Its prime location near Brookfield Square's main intersection ensures high traffic counts and proximity to national retailers, restaurants, hotels, and Interstate 94 (less than half a mile away). An active restaurant and wine license is in place. This is an owner/user investment opportunity with significant upside potential.

Highlights

  • High-visibility masonry building on major retail thoroughfare.
  • First floor features open layout; second floor includes eleven private suites with restrooms, locker rooms, and water access.
  • Recent renovations include roof, HVAC, parking lot, lighting, restrooms/locker rooms, security cameras, condensers, and interior paint.
  • Current annual net operating income (NOI) approximately $301,467 (details available upon request).

Property Details for 200 Moorland Rd

Property type
Retail properties, Restaurants
Square Feet
9,500 SF
Year Built
1999
Buildings
1
Stories
2
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Brookfield
County
Waukesha
State
Wisconsin
Latitude
43.032969268932
Longitude
-88.10659763583
200 Moorland Rd, Brookfield, Wisconsin

FAQs

What type of property is this?
Retail property - High-traffic, mixed-use building, excellent NOI.
Where is the retail property located?
The property is located at 200 Moorland Rd Brookfield, WI.
What is the asking price?
The asking price for this property is $3,249,000.
What are key features of this property?
This property features: High-visibility masonry building on major retail thoroughfare.; First floor features open layout; second floor includes eleven private suites with restrooms, locker rooms, and water access.; Recent renovations include roof, HVAC, parking lot, lighting, restrooms/locker rooms, security cameras, condensers, and interior paint.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
200 Moorland Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message