20225 Water Tower BlvdBrookfield, WI 53045

Property Details for 20225 Water Tower Blvd

Lot size

4.05 AC

Zone code

B

Property type

Commercial real estate

APN

BKFT1134999010

APU

BKFT1134999010

Description

This Class A retail property, Crossroads Corporate Center XII, located at 20225 Water Tower Blvd in Brookfield, Wisconsin (53045), offers exceptional leasing opportunities. Built in 1998 and extensively renovated in 2024, this center provides a modern and attractive environment for businesses. The total building size is 75,901 square feet, with multiple tenancy options available. Currently, there are 27,018 square feet of vacant space, divisible into units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 9,608 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail space. The property boasts ample parking, with a ratio of 3.93 spaces per 1,000 square feet. Situated in Waukesha County, this prime location offers excellent visibility and accessibility. The property's recent renovation ensures modern amenities and a high-quality tenant experience. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $36,101,600

  6.5%

  $33,324,600

  7%

  $30,944,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,910,500

  Geo Method

  $22,978,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $67,704,100

  Retail / Commercial

  $34,308,000

  Mixed-Use / Specialty

  $33,862,500

  Hospitality / Lodging

  $24,422,900

  Office

  $33,324,600

  Institutional / Educational

  $35,087,800

  Residential Income

  $41,052,700

  Multifamily

  $51,028,600

  Automotive / Energy

  $30,075,200

  Parking / Income-Based Land

  $10,698,000

  Restaurant / Food Service

  $16,922,200

  Healthcare / Senior Housing

  $35,056,800

Location Insight

City

Brookfield

County

Waukesha

State

Wisconsin

Latitude

43.0308

Longitude

-88.1644

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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