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Ridgeview Parkway Offices

2 Office Properties Offered at $20,500,000 in Waukesha, WI

Virtual Tour

INVESTMENT HIGHLIGHTS

  • Offers two +95% occupied, Class A office buildings totaling 120,679 square feet with contemporary finishes in suburban Milwaukee.
  • Ample amenities such as mature landscaping, new on-site parking lots, and efficient layouts make the properties highly functional.
  • Situated along Redford Boulevard, providing excellent visibility and easy access to restaurants, hotels, and shopping.
  • Conveniently located near Interstate 94 and Waukesha County Airport, ensuring smooth commutes and travel for tenants and visitors.

EXECUTIVE SUMMARY

Take advantage of an outstanding opportunity to invest in two high-occupancy, impeccably maintained office buildings in a suburban Milwaukee locale at N16W23217 Stone Ridge Drive and N19W23993 Ridgeview Parkway. The Ridgeview Parkway Offices comprise 120,679 square feet across two low-rise office properties, home to Class A, corporate tenants and surrounded by mature landscaping. Each building boasts grand, two-story atrium lobbies and efficient floor plates accentuated by modern finishes. Ample on-site parking options are present in the completely redone parking lots.

Investors will benefit from the property's strategic location, significant 95% occupancy, and the area's ongoing appreciation driven by a growing community. Redford Boulevard runs along the office park and is one of the city's major thoroughfares, allowing for easy travel within and outside of town and convenience to shopping centers filled with all the necessities. Within a 10-mile radius of the offices is a population of over 389,649, with a projected annual growth each year for the next five years, all contributing to the area's strong labor pool, thriving consumer base, and flourishing community. Commuting and traveling from Waukesha is a breeze, with easy access to Interstate 94 and Waukesha County Airport.

PROPERTY FACTS

Price $20,500,000
Price / SF $169.79 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 7.41%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 120,740 SF
Total Land Area 13.97 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
RidgeView Office Center II
N19W23993 Ridgeview Pky, Waukesha, WI 53188
Office 56,800 SF 2001 -
RidgeView Office Center I
N16W23217 Stone Ridge Dr, Waukesha, WI 53188
Office 63,940 SF 1998 -
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  • Listing ID: 34818480

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: Ridgeview Parkway Offices, Waukesha, WI

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