facebook

traded

+ Submit
Home

/

Deals

/

Wisconsin

/

Office

/

Sale

/

1459 Capitol Drive

Marcus & Millichap Sells Heartland Dental Office In Pewaukee Wisconsin For $4.3M
SOLDOffice

Marcus & Millichap Sells Heartland Dental Office In Pewaukee Wisconsin For $4.3M

1459 Capitol Drive

$4,300,000

$826/SF

Building Size

5,200 SF

Asset Type

Office

Closing

Mar 20, 2026

AI

The property asset involved in this transaction is a newly constructed office space located at 1459 Capitol Drive in Pewaukee, WI. The asset encompasses 5,200 square feet and was sold for $4,300,000, which reflects a price per square foot of $827. It is situated on a 1.11-acre lot and is secured by a 12-year absolute NNN lease.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,300,000
  • Address: 1459 Capitol Drive
  • Market: Pewaukee, WI
  • Asset Size: 5,200 SF
  • Price per Square Foot: $827
  • Lot Size: 1.11 Acres
  • Lease Type: 12-year absolute NNN lease

The brokers involved in this transaction included Zack House, Alex M. Frankel, Mark Ruble, and Chris Lind from Marcus & Millichap, who represented the seller in the deal, facilitating the sale of the Heartland Dental property.

Players

Chris Lind

Marcus & Millichap

Broker

$230.3M

vol

36 deals

Broker

Pewaukee Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93