Brookfield, WI
Commercial Real Estate Market Trends & Data
Brookfield's Demographic Profile
Brookfield has 16,385 households and a median income of $115,226, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 42,374 |
| # Households | 16,385 |
| Median age | 45 |
| Median household income | $115,226 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 3,092 |
| 5-year population change | +3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Brookfield, WI
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Brookfield | $123 | 42,227 SF | 8.66% |
| Wauwatosa | $94 | 16,384 SF | 8.66% |
| New Berlin | $186 | 48,076 SF | 7.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Brookfield | $148 | 27,103 SF |
| Elm Grove | $128 | 19,430 SF |
| Wauwatosa | $101 | 17,530 SF |
| Menomonee Falls | $372 | 1,452 SF |
| New Berlin | $237 | 22,048 SF |
Commercial Properties For Sale in Brookfield
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Brookfield pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Brookfield | $141 | 82,678 SF |
| Elm Grove | $128 | 19,430 SF |
| Butler | $61 | 32,604 SF |
| Wauwatosa | $108 | 83,259 SF |
| Menomonee Falls | $160 | 31,439 SF |
Regional Demographic Comparison
This comparison places Brookfield alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Brookfield or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Brookfield | 42,374 | 16,385 | 45 | $115,226 | 3 | 3,092 | 3% |
| Elm Grove | 6,568 | 2,484 | 47 | $104,987 | 3 | 193 | 2% |
| Butler | 1,756 | 867 | 43 | $48,249 | 2 | 424 | 2% |
| Wauwatosa | 46,244 | 21,049 | 39 | $93,937 | 2 | 8,678 | -2% |
| Menomonee Falls | 38,771 | 16,383 | 44 | $92,900 | 2 | 4,494 | 3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Brookfield, WI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Brookfield
Brookfield offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Brookfield. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Brookfield. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Brookfield. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Brookfield, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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