- For Sale $4,000,000
- Property Type Office - Medical Office
- Property Size 11,609 SF
- Lot Size 0.65 Acre
- Cap Rate % 5.05
- NOI / YR $202,026.00
- Taxes / YR $31,151.10
- Zoning C-1
- Parking Spaces Avail. 60
- Parking Ratio 5.17 / 1,000 SF
- Year Built 2013
- Date Updated May 6, 2026
Description
Newmark is pleased to bring this exclusive listing to market. This offering is a multi-tenant medical/retail property totaling 11,609 square feet on approximately 0.65 acres in Menomonee Falls, Wisconsin. The asset provides diversified cash flow from multiple suites and positions an investor to acquire stabilized income in a mature suburban submarket within the Milwaukee metropolitan area. Investment Highlights
- Stabilized income profile with an implied cap rate of approximately 5.05% at the asking price.
- Multi-tenant configuration supports diversified cash flow and reduces reliance on a single tenant.
- Efficient footprint and visibility appropriate for neighborhood-serving medical and retail uses.
- Price point and yield suitable for private buyers, 1031 exchange investors, and family offices seeking durable cash flow.
- Site size offers operational flexibility; any future modifications or expansions subject to zoning and due diligence.
Opportunity Summary
At a purchase price of $4,000,000 and an NOI of $202,026, the asset offers immediate income with a basis of approximately $344 per square foot. The property’s scale and tenancy mix align with steady, necessity-driven demand typically found in established suburban corridors. This makes the asset a fit for investors prioritizing predictable yield and balanced risk at the small-to-mid cap end of the medical/retail spectrum.
100% Occupancy Rate
Five Number of Tenants
False
Contacts
Newmark
Newmark