11000 W Lake Park Dr 238,129 SF Office Building Milwaukee, WI 53224 $850,000 ($3.57/SF)

Marcus & Millichap is pleased to present 11000 & 11001 W Lake Park Drive (the "Property"), a 238,129 SF headquarters-quality office campus on ±81.705 acres within Milwaukee’s Park Place Office Park. This Property presents a rare opportunity for investors, developers, or owner-users to acquire a high-quality construction building with significant repositioning potential.
Recently refreshed with LED lighting, new carpet, and new/updated rooftop HVAC, the property is engineered for high-density operations: 3-phase, 480V, 3,000A power, a new 600 kW generator, raised-floor telecom rooms with dedicated cooling, and 2 dock-high / 1 drive-in loading positions. Interior amenities include a full cafeteria with commercial kitchen and outdoor deck plus a fitness center with locker rooms and showers. The campus provides ±900 parking stalls, walking paths, and attractive water features, all less than a mile from I-41/Hwy 45 with abundant nearby services. Zoned PD (Planned Development), the two-parcel assemblage offers meaningful expansion or redevelopment optionality.
Milwaukee, Wisconsin is the largest city in the state and serves as a major commercial and corporate hub along the western shore of Lake Michigan. The city is anchored by a diversified economy that includes manufacturing, finance, healthcare, and logistics, with major corporate headquarters such as Northwestern Mutual, Fiserv, and Johnson Controls driving sustained office and corporate demand. The Property is located adjacent to Aurora Health Care and approximately seven miles from Kohl’s Headquarters, within the Park Place Office Park—a 300+ acre master-planned campus directly adjacent to I-41 (±92,841 vehicles per day) offering excellent regional connectivity throughout Milwaukee and its surrounding suburbs. The Property is approximately ten miles from Downtown Milwaukee, which is home to major corporate campuses including Northwestern Mutual’s headquarters and the BMO Tower. The surrounding area features a dense concentration of retail and hospitality amenities such as Sam’s Club, Woodman’s Food Market, Aldi, Hilton Garden Inn, and Holiday Inn Express. Additionally, the Property is situated within an extremely dense trade area, serving approximately 53,763 residents within a three-mile radius and over 164,500 residents within a five-mile radius, with average household incomes exceeding $81,000.