100% Occupied Bank Anchored Retail/Office Building
Assumable Debt | 100% Occupied Retail/Office | NNN Leases
Marketing description
Bluemound Crossings Unit 2 is a fully stabilized ±19,661 RSF office/retail condo strategically located at a signalized intersection along Brookfield’s Bluemound Road corridor, one of the most active commercial arteries in the metro. The property is 100% leased to a complementary mix of financial, healthcare, title, and professional service tenants - including Spring Bank (anchor tenant), IDEXX Distribution, Ascent Chiropractic, and Prism Title Midwest - and features a remaining WALT of 3.53 years.
Recent capital upgrades, including a full parking lot renovation completed in 2024, reinforce the asset’s strong positioning as a long-term, low-maintenance investment with durable in-place cash flow.
A key advantage of this opportunity is the availability of assumable financing at a below-market 3.75% interest rate, offering investors immediate capital structure benefits and stronger cash-on-cash returns in today’s rate environment.
Unit 2 shares access and parking with the adjacent medical office condo (Unit 1), creating long-term synergy and potential for medical tenancy expansion or repositioning. With limited supply of small-format service space and strong demographic fundamentals in the Brookfield submarket, Bluemound Crossings Unit 2 presents a core-plus investment opportunity with both income stability and strategic upside.
Investment highlights
Assumable loan at 3.75% interest rate – immediate financing advantage
100% leased with NNN Leases – stabilized multi-tenant office/retail condo
Strong tenant mix – financial, healthcare, title, and professional services
Premier signalized corner and location along Bluemound Road – 33,000 VPD & minutes to I-94
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