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707 W Moreland Blvd 14,080 SF 75% Leased Office Building Waukesha, WI 53188 $1,225,000 ($87.00/SF) 9.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Located adjacent to golf course in Waukesha.
- Property has great visibility off W Moreland Blvd.
- Located two miles from the Waukesha airport.
- Lots of natural light on the east side of the building.
- Located a few blocks from Highway 164 and not far from I-94.
- Property is located near the courthouse and lots of local and national retailers.
EXECUTIVE SUMMARY
This premier office building at 707 W Moreland Blvd is a rare find in Waukesha's dynamic commercial landscape. With 3,520 square feet of leasable office space, the property offers immediate income potential or the opportunity for an owner-occupier to establish a flagship location. Its strategic location near downtown Waukesha ensures high foot traffic and visibility, while modern infrastructure supports a variety of professional uses. Whether you're expanding your portfolio or seeking a new headquarters, this property delivers unmatched value and opportunity. There is room for expansion.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,080 SF
Building Class
C
Year Built
1978
Price
$1,225,000
Price Per SF
$87.00
Cap Rate
9.39%
NOI
$115,020
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,040 SF
Slab To Slab
10’
Building FAR
0.24
Lot Size
1.37 AC
Zoning
B4 - Central Business District
Parking
52 Spaces (3.69 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Great Lakes MSO LLC
- Professional, Scientific, and Technical Services
- -
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Great Lakes MSO LLC | Professional, Scientific, and Technical Services | - | - | Jan 0000 |
PROPERTY TAXES
| Parcel Number | WAKC-0999-999 | Total Assessment | $958,100 (2024) |
| Land Assessment | $339,900 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $618,200 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
WAKC-0999-999
Land Assessment
$339,900 (2024)
Improvements Assessment
$618,200 (2024)
Total Assessment
$958,100 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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707 W Moreland Blvd
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