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2835 N Grandview Blvd
Pewaukee, WI 53072
Office Property For Sale

Investment Highlights

  • Positioned directly off Interstate 94 with regional accessibility.
  • Existing healthcare and medical-related tenant roster.
  • Masonry construction with sprinkler protection.
  • Established multi-tenant medical office environment.
  • On-site parking includes 83 parking spaces.
  • Signage opportunities enhance property visibility.

Executive Summary

2835 N Grandview Blvd presents the opportunity to acquire a multi-tenant medical office investment strategically positioned along the I-94 corridor in Pewaukee, one of Waukesha County's primary commercial and healthcare markets. The property benefits from direct visibility and convenient regional access via Interstate 94, providing connectivity to Milwaukee, Madison, and the surrounding suburban communities. The location places healthcare providers within an established medical and professional services environment while offering convenient access for patients and staff.
The building is configured for medical and healthcare-related occupancy and is supported by masonry construction, on-site parking, air conditioning, signage opportunities, and a sprinkler system. Existing tenancy includes healthcare-oriented users such as Drs. Pietrocarlo, Vavra & Ludwig, ATI Active Care, and Foot & Ankle Associates of Wisconsin, providing an established medical presence within the property. The multi-tenant configuration offers diversification across occupants while serving a healthcare sector that typically benefits from recurring patient demand and community-based service delivery.
Pewaukee's location within the Milwaukee metropolitan area supports a large regional population base and provides access to major transportation infrastructure, employment centers, retail services, and residential neighborhoods. The property's frontage along a highly traveled interstate corridor enhances visibility and accessibility while supporting long-term relevance for medical office users seeking convenient patient access. For investors, the combination of healthcare tenancy, regional connectivity, and established occupancy creates an opportunity to acquire a medical office asset within a mature suburban market.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,062 SF
Building Class
C
Year Built
1995
Price
$2,600,000
Price Per SF
$161.87
Cap Rate
4.19%
NOI
$109,000
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,062 SF
Slab To Slab
10’
Building FAR
0.43
Lot Size
0.86 AC
Zoning
B-5 - Commercial
Parking
83 Spaces (5.17 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
WAKC-0973-005-001
Land Assessment
$555,600
Improvements Assessment
$1,956,100
Total Assessment
$2,511,700
  • Listing ID: 41478580

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 2835 N Grandview Blvd, Pewaukee, WI 53072

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