Mercantile Building — Lease in Milwaukee, WI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Milwaukee, WI 53202

Description

High Profile Corner in the Third Ward, Surrounded by Amenities such as Public Market, Fashion Retail, Restaurants, Salons, the Riverwalk and the Festival Grounds

Market Context

This office in Milwaukee, WI is listed for lease. It has been on the market for 53 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.

Contact

Explore this market

Similar Office for Lease in Milwaukee, WI