18200 W Capitol Dr - Medical FOR SALE


Brookfield, WI 53045
$10,500,000 USD
815-482-0105
18200 W Capitol Dr, Brookfield, WI for Sale
$10,500,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

18200 W Capitol Dr
Brookfield, WI 53045


HIGHLIGHTS

  • Fully occupied property
  • Leaseback deal with anchor tenant SAAK Health for 12 years.

OVERVIEW

Hunter Real Estate, Jennifer Stein Real Estate, Inc and Brown Gibbons Lang & Company (BGL) have been retained by ownership to offer qualified investors the opportunity to acquire the fee simple interest in the SAAK Health Medical Office Building (the “Property”). The multi-tenant MOB is located in Brookfield, Wisconsin and consists of 24,577 square feet. The Property was purchased by SAAK Health in 2022 and underwent an expansion and extensive renovations which were completed in 2024. The 100% leased facility boasts a weighted average lease term (WALT) of 8.3 years and is anchored by SAAK Health, one of the predominant independent cardiology practices throughout Waukesha county, which accounts for 63% of the GLA. SAAK Health’s footprint at the Property includes a newly built, state-of-the-art ASC (34% GLA) and a meticulously maintained clinic (29% GLA), offering specialization in cardiology, wound care, women’s health, and family medicine. The transaction contemplates SAAK executing a new 12-year NNN lease with 3.0% annual escalations upon Closing, providing an investor with long-term, stable cash flow in the third most populous county in Wisconsin.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capitol Imperial

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

B-1

APN/PARCEL ID

BRC-1021-446-004

ASK ABOUT THIS PROPERTY

Michael Testa CCIMHunter Real EstateMore Info
815-482-0105

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Michael Testa CCIMHunter Real EstateMore Info
815-482-0105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.