For Lease
$25/SF/YR

200 Moorland Rd Brookfield, WI 53005

Prime Medical Office Suites, High NOI

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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
Specialty properties, 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

FAQs

What type of property is this?
Specialty property - Prime Medical Office Suites, High NOI
Where is the specialty property located?
The property is located at 200 Moorland Rd Brookfield, WI.
What is the lease rate?
The lease rate is $25/SF/YR.
What are key features of this property?
This property features: 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.
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.
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200 Moorland Rd
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