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1507 E Sunset Dr

14,250 SF 100% Leased Office Building Waukesha, WI 53189 $2,597,176 ($182/SF) 8.50% Cap Rate

Medical Offices Wisconsin Waukesha 1507 E Sunset Dr, Waukesha, WI 53189

Investment Highlights

  • -21,000 Vehicles Per Day Providing Strong Signage Exposure
  • -220,000 NOI
  • -Fully Leased with Strong Annual Rent Increases
  • -Strong Mix of Tenants: Family Dentistry, Edward Jones, First Weber Real Estate, etc.

Executive Summary

1507 E Sunset Drive is comprised of 14,200 rentable square feet situated on 2.3 acres. This fully leased office building sits on the corner of Sunset Drive and Les Paul Parkway. With over 21,000 vehicles passing per day, this location provides tenants strong signage exposure while being in a convenient location within Waukesha. The long tenured tenants are a mix of medical, financial and professional businesses.

Attachments

1507 E Sunset Drive - OM

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,250 SF
Building Class
B
Year Built
1990
Price
$2,597,176
Price Per SF
$182
Cap Rate
8.50%
NOI
$220,760
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,250 SF
Slab To Slab
12’
Building FAR
0.14
Land Acres
2.40 AC
Zoning
B-4 - Office and Professional Business District
Parking
110 Spaces (7.72 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Monument Signage
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1507 E Sunset Dr, Waukesha, WI - aerial map view

PROPERTY TAXES

Parcel Number WAKC-1349-032 Improvements Assessment $850,800
Land Assessment $374,700 Total Assessment $1,225,500

PROPERTY TAXES

Parcel Number
WAKC-1349-032
Land Assessment
$374,700
Improvements Assessment
$850,800
Total Assessment
$1,225,500
(262) 364-1967

  • Listing ID: 31939066

  • Date on Market: 5/28/2024

  • Last Updated:

  • Address: 1507 E Sunset Dr, Waukesha, WI 53189

More public record information on 1507 E Sunset Dr, Waukesha, WI 53189

The Office Property at 1507 E Sunset Dr, Waukesha, WI 53189 is currently available For Sale. Contact Marcus & Millichap for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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1507 E Sunset Dr, Waukesha, WI for sale Building Photo- Image 1 of 7
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1507 E Sunset Dr, Waukesha, WI for sale Building Photo- Image 2 of 7
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1507 E Sunset Dr, Waukesha, WI for sale Plat Map- Image 3 of 7
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1507 E Sunset Dr, Waukesha, WI for sale Building Photo- Image 4 of 7
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1507 E Sunset Dr, Waukesha, WI for sale Building Photo- Image 5 of 7
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1507 E Sunset Dr, Waukesha, WI for sale Aerial- Image 6 of 7
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1507 E Sunset Dr
(262) 364-1967 x

1507 E Sunset Dr

1/2

Gavin Sorensen

(262) 364-1967

(262) 364-1967

Thomas Kopatich

(262) 364-1970

(262) 364-1970

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