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250 S Executive Dr 58,680 SF 23% Leased Office Building Online Auction Sale Brookfield, WI 53005

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INVESTMENT HIGHLIGHTS

  • Suburban accessibility meets city convenience at this office, ready for transformation into multifamily apartments or an ideal HQ opportunity.
  • Situated across the street from Brookfield Commons which is home to Cooper’s Hawk Winery, Orangetheory Fitness, Barnes & Noble, and more.
  • Area demographics encourage redevelopment and new uses, with a population rapidly rising within 1 mile of the asset.
  • Offering seamless commutes just off Interstate 94 near Route 18 quickly connecting to Milwaukee to the east and Waukesha to the west.
  • In beautiful Brookfield, a desirable Milwaukee suburb offering a balance between a quiet home environment and urban attractions and resources.

EXECUTIVE SUMMARY

Take advantage of this easily convertible asset in Brookfield, Wisconsin.

250 S Executive Drive is an impressively sized 56,680 square foot office building that offers exceptional on-site features. The modern office finishes, private and collaborative workspaces, and professional management allow for convenience for employees. There is plentiful parking available, with 240 total spaces for tenants and guests. The building stands out with monument signage that is visible from the street. Broad B zoning allows for many potential uses of this site. Buyers can utilize the space for a headquarters opportunity by maximizing the square footage and buildouts for efficient operations. Savvy investors can lease out the vacancies at market rates and yield a high net operating income. Alternatively, this vacant office would be well-suited for a redevelopment play. Developers can transform this asset into a large multifamily property suiting the community’s needs and enhancing the Brookfield housing scene.

The perfectly situated 250 S Executive Drive lies in Brookfield, a sought-after Milwaukee suburb, offering a terrific balance between a quiet home environment and the nearby urban attractions and resources. The office sits between W Bluemound Road, the main corridor between Waukesha and Milwaukee, and Interstate 94, the primary artery for travel between Milwaukee and Madison. This allows tenants to quickly access the greater metro and beyond, sitting just 12 miles from Downtown Milwaukee and 18 miles from the General Mitchell International Airport. This area benefits from a high concentration of nearby retail and recreation opportunities, including the Brookfield Square, Brookfield Convention Center, and Westmoor Country Club. National retailers, including Chick-fil-A, PetSmart, Starbucks, Best Buy, and Walmart Supercenter, sit within a mile of the property.

Brookfield provides a robust demographic profile within a 5-mile radius of 250 S Executive Drive. The population of 152,323 has seen consistent growth. It is highly educated, with 97% of residents graduating from high school and 78% pursuing higher education, providing a stable workforce pipeline that supports business growth.

A highly accessible location, well-designed office facilities, and a high concentration of nearby shopping and dining opportunities make Brookfield the perfect place to start or grow a business.

Property tours are available by appointment only. Please contact the listing broker to schedule.

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MARKET ANALYTICS Click Here to Access

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Market Sale Price per SF

Milwaukee - WI USA

Market Cap Rate

Milwaukee - WI USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
58,680 SF
Building Class
B
Year Built
1973
Percent Leased
23%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
18,943 SF
Slab To Slab
12’
Building FAR
0.27
Lot Size
4.97 AC
Parcel Number
BRC-1141-999-001
Zoning
B - Business
Parking
240 Spaces (4.09 Spaces per 1,000 SF Leased)

AMENITIES

  • Property Manager on Site
  • Signage
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 10,816 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Floor
  • 2,585 SF
  • Office
  • Full Build-Out
  • Now
  • 3rd Floor
  • 18,444 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 10,816 SF Office Full Build-Out Now
2nd Floor 2,585 SF Office Full Build-Out Now
3rd Floor 18,444 SF Office Full Build-Out Now

1st Floor

Size
10,816 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
2,585 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
18,444 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 10,816 SF
Space Use Office
Condition Full Build-Out
Available Now

2nd Floor

Size 2,585 SF
Space Use Office
Condition Full Build-Out
Available Now

3rd Floor

Size 18,444 SF
Space Use Office
Condition Full Build-Out
Available Now

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2024 Population
6,272
51,205
152,323
2020 Population
4,582
45,278
143,753
2029 Population
6,756
53,479
155,822
2024-2029 Projected Population Growth
7.7%
4.4%
2.3%
Daytime Employees
10,121
45,717
155,563
Total Businesses
1,049
4,403
17,400
Average Household Income
$132,743
$124,777
$110,404
Median Household Income
$109,944
$97,303
$86,416
Total Consumer Spending
$96.6M
$784.4M
$2.2B
Median Age
41.8
44.6
43.0
2024 Households
2,563
21,157
65,298
Percent College Degree or Above
32%
33%
29%
Average Home Value
$454,630
$416,912
$355,640

SALE ADVISORS

SALE ADVISORS

Patrick Hanrahan, Director
Patrick Hanrahan serves as a Director in the Milwaukee office, Patrick focuses on the market’s industrial segment. His areas of specialty include client site selection, landlord and tenant representation, property valuation, along with sale transactions for both users and investors. He joined Newmark in 2019 following its acquisition of MLG Commercial.

Prior to Newmark, Mr. Hanrahan had been an industrial broker with NAI MLG Commercial for approximately one year. He previously served as a broker intern for the industrial segment, responsible for assisting brokers in various areas of commercial real estate, such as property searches, site selection and property valuation.

In the past 5 years, he leased over 1.4 million square feet of industrial space along with completing over $25 million of industrial sales transactions.
Tim Janusz, Managing Director
Tim Janusz serves as a Managing Director in Newmark’s Milwaukee office, where he specializes in office and medical tenant representation, local and national landlord representation, investment sales, land sales, as well as acquisition and disposition of assets.

Janusz joined Newmark in 2019 after its acquisition of NAI MLG Commercial. He had been Senior Vice President at MLG since 2014 after being promoted from Vice President. Janusz started his career with NAI MLG Commercial in 2008 as an Associate after interning with the organization throughout college.

ABOUT THE AUCTION TECHNOLOGY

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT

Casey Harrell
Auctioneer License: Ten-X, LLC Arlene Richardson RE Brkr 937838-91 Ten-X Auction Firm 481-53 Samantha Corbat Auctioneer 4028-52
  • Listing ID: 37983246

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 250 S Executive Dr, Brookfield, WI 53005

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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