5757 Green Bay AveMilwaukee, WI 53209

  • Office properties
  • 239,965 SF
For Lease
$23/SF/YR View listing

Property Details for 5757 Green Bay Ave

Year built
1969
Lot size
33.23 AC
Property size (Sq ft)
239,965 SF
Property type
Office properties
Property subtype
Office buildings
APN
168-9967-001
APU
1689967001

Description

This exceptional 172,000 square foot Class A office building, situated on a 33-acre campus just 15 minutes from downtown Milwaukee, offers 43,000 square feet of immediately available space in a single suite. The two-story building boasts ample parking and elevators. Its prime location provides easy access to major thoroughfares, including I-43 (1.4 miles) and I-41 (6.5 miles), and is conveniently located near public transportation. The property features numerous sustainable initiatives, including over 13 acres of native prairie vegetation, a 30,000-gallon rainwater cistern, solar thermal roofing, and a ground-mounted solar photovoltaic array, resulting in LEED Platinum certification. On-site amenities include a state-of-the-art multi-purpose room ideal for trainings or conferences, a fully staffed cafeteria and coffee shop providing breakfast, lunch, and snacks, and access to beautifully landscaped walking trails, including direct access to the Oak Leaf Trail. This is a unique opportunity to lease a significant amount of high-quality office space in a sustainable and amenity-rich environment. The maximum contiguous space available is 43,000 square feet, perfect for a large tenant seeking a prominent location with exceptional features.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $43,328,528
    6.5%
    $39,995,564
    7%
    $37,138,740
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,362,010
    Geo Method
    $31,255,442
  • Alternative Use

    Use
    Valuation
    Residential
    $49,594,500
    Hospitality
    $45,428,296
    Educational
    $37,795,808
    Medical
    $39,095,664
    Retail
    $58,793,480
5757 Green Bay Ave, Milwaukee, Wisconsin

Location Insight

City
Glendale
County
Milwaukee
State
Wisconsin
Latitude
43.1248
Longitude
-87.9377
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$931,552
$4,500,000
$30,500,000
$35,000,000
-
-
-
$42,189,000

FAQs

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