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11800 W Park Pl
Milwaukee, WI 53224
Value-Add Asset with a Long-Term Tenancy · Office Property For Sale
Investment Highlights
- 11800 West Park Place is a two-story, 54,839 SF office building within the 300-acre Park Place Office Park in Milwaukee, WI.
- Tremendous value-add opportunity through vacancy lease-up in a flourishing market with consistent rental rate increases.
- Milwaukee's Northwest side draws a variety of new employers to the metro, home to six Fortune 500 firms.
- Features include exceptional freeway visibility, prominent tenant signage, and easy access to major thoroughfare Interstate 41/Highway 45.
- Liberty Mutual Insurance demonstrates a commitment to the property by occupying the entire second floor under a long-term lease.
Property Facts
Property Type
Office
Building Size
57,332 SF
Building Class
C
Year Built/Renovated
2001/2018
Percent Leased
54%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
28,666 SF
Slab To Slab
12’
Building FAR
0.16
Lot Size
8.05 AC
Zoning
CO - Commercial Office Zoning District
Parking
311 Spaces (5.42 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Property Manager on Site
- Signage
- Outdoor Seating
Property Taxes
| Parcel Number | 076-0081-000-0 | Improvements Assessment | $1,820,400 |
| Land Assessment | $579,600 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
076-0081-000-0
Land Assessment
$579,600
Improvements Assessment
$1,820,400
Total Assessment
$2,400,000
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