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  • For sale
VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY - #1
VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY - #2
VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY - #3
VALUE -ADD MULTI-TENANT RETAIL INVESTMENT OPPORTUNITY IN AFFLUENT COMMUNITY - #4

For Sale

$12,340,000 USD

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