200 Moorland RdBrookfield, WI 53005
- Commercial real estate
- 0.89 AC
Property Details for 200 Moorland Rd
- Lot size
- 0.89 AC
- Zone code
- B
- Property type
- Commercial real estate
- APN
- BR C1111995001
- APU
- BRC1111995001
Description
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.
Location Insight
- City
- Brookfield
- County
- Waukesha
- State
- Wisconsin
- Latitude
- 43.0329
- Longitude
- -88.1061
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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