Atrium 120 — Sale in Brookfield, WI

  • Price: $3.3M
  • Listing type: For sale
  • Asset type: Office
  • Location: Brookfield, WI 53005
  • Size: 52,013 SF

Investment Figures

Price per square foot
$63

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Introducing 120 Bishops Way, a prime investment opportunity in Brookfield, WI. This 52,013 SF building, constructed in 1979, holds immense promise for Office and Office Building investors. Zoned O&LR/C/LI (Office and Limited Residential/Commercial/Light Industrial), the property boasts versatile potential for a range of development opportunities. Part of the coveted Bishops Woods Office Park, it is strategically poised for mixed-use development, including Office & Medical/Research/Local Business/Multi-family/Limited Light Industrial spaces. With excellent visibility and potential future accessibility to Elm Grove Road, this property is strategically located at the bridge over I-94. The City of Brookfield Neighborhood Plan proposes a potential road to be constructed along the northern edge of the property, adding to its allure as a promising investment opportunity.

Market Context

This office in Brookfield, WI is listed for sale at $3,300,000 across 52,013 SF. It has been on the market for 53 days. Compare it against other office listings for sale in Brookfield, WI — view the full market.

As of Q1 2026, the Milwaukee office market showed average asking rents near $42.84/SF/yr, and cap rates around 9.0%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Milwaukee?
About 9.0% as of Q1 2026, per multiple brokerage reports.

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