Children's Wisconsin | Award-Winning Pediatric Health… — Sale in Milwaukee, WI
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Milwaukee, WI 53210
Photos
Investment Figures
- Cap rate
- 7.00%
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
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Children's Wisconsin outpatient clinic located at 2561 N 29th Street in Milwaukee, Wisconsin. The ±7,583-square-foot purpose-built healthcare facility, constructed in 2010, is secured by a long-term NNN lease with approximately 10 years remaining through April 2036 and zero landlord responsibilities. The lease generates $200,505 in annual base rent at a 7.00% cap rate, with scheduled 1% annual rental increases and two (2) five-year renewal options. The property is positioned along North 29th Street with convenient access to Interstate 43 and U.S. Highway 41, near Fond du Lac Avenue (±20,098 VPD) and North Avenue (±10,812 VPD). The surrounding trade area includes Marquette University (11,500+ enrollment), Fiserv Forum, Ascension SE Wisconsin Hospital, and established residential neighborhoods with 504,208 residents and $88,451 average household income within 5 miles. Children's Wisconsin is the state's No. 1 pediatric hospital per U.S. News, with over 125 years of service, pairing mission-critical healthcare demand with passive, state-backed net-lease income. Investment Highlights: • Long-Term NNN Lease with ±10 Years Remaining Through April 2036 | Zero Landlord Responsibilities • Scheduled 1% Annual Rental Increases Providing Consistent Income Growth and Inflation Protection • Milwaukee MSA with 1.58 Million Residents and $116,353 Average Household Income • Near Fond du Lac Avenue (±20,098 VPD) and North Avenue (±10,812 VPD) with Access to I-43 and U.S. Highway 41
Market Context
This office in Milwaukee, WI is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Milwaukee, WI — view the full market.
As of Q1 2026, the Milwaukee office market showed average asking rents near $22.85/SF/yr, and rents up 2.9% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Contact
- Rob Narchi · (310) 909-5426 · robert.narchi@marcusmillichap.com
- Todd Lindblom · (262) 364-1900
Explore this market
Similar Office for Sale in Milwaukee, WI
- Butler Retail — $440K · Milwaukee, WI · 5,000 SF
- Technology Center — Contact for price · Milwaukee, WI
- 7777 W Bluemound Rd — Contact for price · Milwaukee, WI · 44,328 SF
- REIMAGINED DOWNTOWN RETAIL | OFFICE BUILDING — Contact for price · Milwaukee, WI · 19,164 SF
- Historic Mandel Building — Contact for price · Milwaukee, WI
- Office in Milwaukee, WI — $1.1M · Milwaukee, WI