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1507 E Sunset Dr 14,200 SF 100% Leased Office Building Waukesha, WI 53189 $2,500,000 ($176.06/SF) 8% Cap Rate
Investment Highlights
- High visibility location (corner of Les Paul Pkwy (28k VPD) & E Sunset Dr)
- Ample Parking
- Monument & Building Signage
- Abundant natural light
Executive Summary
Located at the highly visible intersection of Sunset Drive and Les Paul Parkway (Highway 164), 1507 E Sunset Drive offers a premier office investment in one of Waukesha's busiest commercial corridors. The 14,200-square-foot multi-tenant building benefits from traffic counts exceeding 30,000 vehicles per day, providing exceptional visibility and branding opportunities.
Situated on 2.3 acres, the property features excellent access, abundant parking, and a well-maintained professional environment. A strong mix of medical, financial, and professional service tenants provides stable occupancy while offering an attractive business atmosphere. With the potential for an owner-occupant to utilize a portion of the building while generating income from existing tenants, this property presents a compelling opportunity for both investors and businesses seeking long-term growth in a premier location.
Situated on 2.3 acres, the property features excellent access, abundant parking, and a well-maintained professional environment. A strong mix of medical, financial, and professional service tenants provides stable occupancy while offering an attractive business atmosphere. With the potential for an owner-occupant to utilize a portion of the building while generating income from existing tenants, this property presents a compelling opportunity for both investors and businesses seeking long-term growth in a premier location.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
14,200 SF
Building Class
B
Year Built
1990
Price
$2,500,000
Price Per SF
$176.06
Cap Rate
8%
NOI
$200,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,200 SF
Building FAR
0.14
Lot Size
2.40 AC
Zoning
B-4 - Office and Professional Business District
Parking
110 Spaces (7.75 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Monument Signage
- Outdoor Seating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Position your business in this highly visible office building at the corner of Les Paul Parkway (28,000+ vehicles per day) and E. Sunset Drive. The property features monument signage, ample on-site parking, and abundant natural light throughout the space. Flexible suite configurations and the potential for divisibility make it an excellent fit for a variety of office users. **One month free rent**
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 1,500-5,722 SF | Office | Full Build-Out | Aug 2026 |
1st Fl-Ste 100
| Size |
| 1,500-5,722 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Aug 2026 |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 100
| Size | 1,500-5,722 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Aug 2026 |
Position your business in this highly visible office building at the corner of Les Paul Parkway (28,000+ vehicles per day) and E. Sunset Drive. The property features monument signage, ample on-site parking, and abundant natural light throughout the space. Flexible suite configurations and the potential for divisibility make it an excellent fit for a variety of office users. **One month free rent**
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Number | WAKC-1349-032 | Improvements Assessment | $850,800 |
| Land Assessment | $374,700 | Total Assessment | $1,225,500 |
Property Taxes
Parcel Number
WAKC-1349-032
Land Assessment
$374,700
Improvements Assessment
$850,800
Total Assessment
$1,225,500
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
