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]}}

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Retail Markets Avg Cost/SF Typical Size
Brookfield $166 23,424 SF
Elm Grove $178 6,672 SF
Wauwatosa $112 8,208 SF
Menomonee Falls $372 1,452 SF
New Berlin $194 25,541 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Brookfield $123 5,346 SF 5.49%
Wauwatosa $123 5,346 SF 5.49%
Milwaukee $163 13,644 SF 11.08%
Bay View $188 11,962 SF 7.25%

Commercial Properties For Sale in Brookfield

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Recently Renovated!

Milwaukee, WI 53222

  • 997,176 SF Industrial Building
  • Price Upon Request
For Sale

17001 W Greenfield Ave

New Berlin, WI 53151

  • 1,651 SF Retail Building
  • $795,000
For Sale

1222 N 116th St – 4 Unit Multifamily

Wauwatosa, WI 53226

  • 5,346 SF Multifamily
  • 5.49% Cap Rate
  • $659,900
For Sale

19575 Janacek Ct

Brookfield, WI 53045

  • 1,700 SF Office Building
  • $439,000
For Sale

15300 W Capitol Dr

Brookfield, WI 53005

  • 4,470 SF Office Building
  • $695,000
For Sale

Stratford Plaza

Wauwatosa, WI 53222

  • 25,725 SF Retail Building
  • 6.20% Cap Rate
  • $5,935,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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 $170 75,580 SF
Elm Grove $178 6,672 SF
Butler $61 32,604 SF
Wauwatosa $112 87,480 SF
Menomonee Falls $152 45,302 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

View All Commercial Real Estate For Sale in Brookfield
Is Brookfield a good market for a first-time commercial real estate investor?

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.

How can this market data help me decide whether to buy commercial property for my business in Brookfield?

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.

What should conservative investors focus on when evaluating commercial properties in Brookfield?

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.

How does Brookfield compare to nearby commercial real estate markets?

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.

How can this page support early-stage deal screening for Brookfield acquisitions?

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.