18200 W Capitol Dr, Brookfield, WI 53045
OFFICE For SaleYear Built: 2007
Floors: 2
Class: B
| Space | Size | Type | Pricing |
|---|---|---|---|
| Office Investment Sale | SALE | Contact for pricing |
Michael Testa, CCIM - Hunter Real Estate LLC
PHONE: 8154820105
Matt Hunter - Hunter Real Estate LLC
PHONE: 4149319931
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.