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VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY

15375 W Bluemound Road, Brookfield, WI 53005

  • For Sale $12,340,000
  • Property Type Retail
  • Lot Size 3.86 SF
  • Year Built 2004
  • Date Updated Nov 28, 2022

Colliers International | Wisconsin is pleased to present the opportunity to acquire The Shoppes at Brookfield Commons (the “Center”), a 42,356 SF, multi-tenant retail center. The Center is located immediately east of N Moorland Rd and W Bluemound Road in Brookfield, one of southeastern Wisconsin’s busiest retail corridors, and adjacent to Brookfield Square Mall, which has undergone a major $65 million renovation/development. Brookfield is an affluent Milwaukee suburb with an average household income in excess of $145,000. The Center is currently 74% leased to a roster of 12 tenants including Chipotle, Ameritrade, Lasik Vision and more. This is a rare opportunity to acquire an existing shopping center in a very affluent area with significant value-add upside.

 

  • Value-add opportunity, center is 74% occupied, potential to take NOI from $781,000 to $1,264,000
  • Well maintained multi-tenant retail center anchored by Chipotle, Ameritrade, Lasik Plus, Sears Hometown and more
  • Well positioned along one of SE Wisconsin’s busiest retail corridors near intersection of N Moorland Rd & W Bluemound Rd (63,000 VPD)
  • Strong mix of national, regional and local tenants with staggered lease expirations 
  • Strong demographics which include almost 50,000 residents within 3-miles of the center and average household income exceeding of $145,000
  • Close proximity to Interstate 94/Moorland Road interchange with 145,000 VPD along I-94 and adjacent to Brookfield Square’s $65M brand new redevelopment
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Location

  • Walk Score ® Somewhat Walkable (59)
  • Bike Score ® Somewhat Bikeable (49)
Powered by Walk Score ®
  • City Brookfield, WI
  • Zip Code 53005
  • Market Milwaukee

Points of Interest

Best Cab Company

6.47 miles

Milwaukee

9.45 miles

Intermodal Station

9.49 miles

Saint Paul at Plankinton

9.71 miles

Historic Third Ward

9.88 miles

City Hall

9.91 miles

Wisconsin Avenue

9.92 miles

BP

5.40 miles

BP

6.00 miles

Speedway

6.52 miles

Amoco

6.75 miles

Citgo

7.45 miles

Jetz

7.53 miles

Clark

8.42 miles

Tesla Supercharger

9.12 miles

Citgo

9.18 miles

BP

9.75 miles

Visitors Parking

3.05 miles

Lion Lot

3.44 miles

E

6.43 miles

Money

6.49 miles

Lot 22

7.12 miles

Parking Lot 7

8.28 miles

Emergency & Women's Health Services Parking

8.86 miles

Brass Light Gallery Parking

8.97 miles

T Visitor Lot

9.32 miles

Blatz Parking Structure

9.85 miles

Brookfield Square

0.38 miles

TJ Maxx

1.34 miles

Metro Market

1.44 miles

Target

1.67 miles

Von Maur

3.02 miles

Pick 'n Save

3.05 miles

Mayfair Mall

3.57 miles

Nordstrom

3.59 miles

Lincoln Plaza

3.59 miles

Meijer

3.73 miles

Contacts

broker

Adam Connor

broker

Heather Dorfler

broker

Josh Minkin

Colliers

(414) 278-6869

Frequently Asked Questions

What is the total size of VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY?

VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY has a total of 42,356 square feet.

What is the year built for VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY?

The year built for VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY is 2004.

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