Hub 640 Plug-and-Play Sublease Opportunity — Lease in Milwaukee, WI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Milwaukee, WI 53203

Description

Office | For Sublease: 4,962 SF • Access to eleven (11) parking stalls at 615 N Vel R. Phillips Ave (Accessible via 3rd Floor Skywalk) and two (2) unreserved stalls in building. Monthly rates apply.• Furniture can be made

Market Context

This office in Milwaukee, WI is listed for lease. It has been on the market for 176 days. Compare it against other office listings for lease in Milwaukee, 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.

Estimated Market Rate

$2.47/SF/mo – $3.35/SF/mo

Mid: $2.91/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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