414-274-1622
255 Fiserv Dr, Brookfield, WI for Sale
Office - FOR SALE
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255 Fiserv Dr
Brookfield, WI 53045


HIGHLIGHTS

  • + High-Quality, Fortune 500 Corporate Headquarters Complex: two interconnected buildings, ideal for owner/user, functional rectangular floorplates
  • + Compelling Speculative Investment/Development Opportunity: two-building layout provides flexibility for re-tenanting or multi-tenanting
  • + Central MSA Location Burgeoning Waukesha County: direct access to Bluemound Rd, connectivity to regional destinations, proximate to great amenities
  • + Strong Demographic Profile in Immediate Area Within Commuting Distance: 1.3 MM people within 30-minute drive, average HHI of $125,000 within 5-miles

OVERVIEW

CBRE, Inc., as exclusive advisor to owner, is pleased to present an exceptional opportunity to acquire the fee simple interest in the Fortune 500 Corporate Headquarters complex at 255 Fiserv Drive in Brookfield, Wisconsin (the ”Offering” or the “Property”). Originally constructed in 1992 as a single three-story building with a second interconnected two-story building constructed in 1998, this suburban Milwaukee complex comprises over 186,000 SF of office space with a dedicated data center and onsite amenities including a cafeteria and fitness center. There are approximately 635 parking spaces on the 17.6-acre site, which is accessible directly from Bluemound Road to the north or from the Brookfield Lakes Corporate Center to the east. The Bluemound Road corridor is one of the busiest commercial corridors in the state of Wisconsin, featuring an abundance of office parks and national retailers along a three-mile stretch from The Corners of Brookfield (~1.5 miles to the west of the Property) to Brookfield Square (~1.7 miles to the east), both of which have drawn significant investment in recent years. A third major mixed-use development site along Bluemound Road – the 66-acre The Corridor of Brookfield (~0.5 mile to the east) – solidifies this location as one of the most sought-after commercial destinations in the entire metro area, with over 1.3 million residents within a 30-minute drive. Current ownership has elected to relocate their corporate headquarters to downtown Milwaukee in the first half of 2024, providing a tremendous acquisition opportunity for either an owner/user to occupy all or a portion of the Property or a speculative investor to consider multi-tenanting options. Excess land along the southern end of the parcel may also have potential to be developed to alternative uses including multifamily or senior housing.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

635

LAND DETAILS

LAND ACRES

17.6 AC

LAND SF

766,656 SF

ZONING

B

APN/PARCEL ID

BRC-1119-990-014

ASK ABOUT THIS PROPERTY

414-274-1622

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414-274-1622

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