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PNC Bank / High-End Milwaukee Suburb 17375 W Capitol Dr 5,061 SF Retail Building Brookfield, WI 53045 $2,077,916 CAD ($410.57 CAD/SF) 6.75% Cap Rate


Investment Highlights
- ABSOLUTE NNN GROUND LEASE - 6.8+ Years Remaining. 50 Years Renewal Options. Rent Increases Throughout
- BROOFIELD IS ONE OF THE REGION’S MOST AFFLUENT SUBURBS - $129K Median Household Income. #1 “Best School District In Wisconsin”
- NATIONAL INVESTMENT-GRADE TENANT [NYSE:PNC] - $22B Revenue. S&P Investment Grade A. Corporate Guaranteed Lease
- LONG SUCCESSFUL HISTORY AT LOCATION - PNC Bank At Location Since 2012. Backed By $2B Branch Investments Over 5 Years
- 15 MILES FROM MILWAUKEE, AN ECONOMIC POWERHOUSE - 1.5+ Million Residents. $130B GDP. 6 Fortune 500 Companies
Executive Summary
TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale a PNC Bank located in Brookfield, Wisconsin. PNC Bank has operated successfully at this location since 2012 under an absolute NNN ground lease with a current term through January 2032, plus five 10-year renewal options, each featuring an 8%–10% rent increase.
PNC Bank is one of the largest diversified financial services institutions in the U.S. It operates over 2,200 branches coast-to-coast and has a network of 60,000+ ATMs. In 2025, PNC generated a record 22 billion in revenue and $7 billion in net income. The company is actively investing $2 billion to open 300+ new branches over the next 5 years.
Brookfield, just 15 miles west of downtown Milwaukee, is one of the region’s most established and affluent suburbs, supported by the #1 “Best School District in Wisconsin,” median household income exceeding $129,000 (3-mile), and homeownership above 82%. It benefits from the broader Greater Milwaukee economic powerhouse of 1.5+ million residents and a GDP of over $130 billion, anchored by six Fortune 500 headquarters, including Northwestern Mutual, Kohl’s, Fiserv, and Rockwell Automation. The area offers a highly desirable quality of life with major regional destinations and events, including Summerfest, along with cultural and sports anchors such as the Milwaukee Art Museum, Harley-Davidson Museum, the Milwaukee Brewers at American Family Field, and the Milwaukee Bucks at Fiserv Forum.
In Association With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91
PNC Bank is one of the largest diversified financial services institutions in the U.S. It operates over 2,200 branches coast-to-coast and has a network of 60,000+ ATMs. In 2025, PNC generated a record 22 billion in revenue and $7 billion in net income. The company is actively investing $2 billion to open 300+ new branches over the next 5 years.
Brookfield, just 15 miles west of downtown Milwaukee, is one of the region’s most established and affluent suburbs, supported by the #1 “Best School District in Wisconsin,” median household income exceeding $129,000 (3-mile), and homeownership above 82%. It benefits from the broader Greater Milwaukee economic powerhouse of 1.5+ million residents and a GDP of over $130 billion, anchored by six Fortune 500 headquarters, including Northwestern Mutual, Kohl’s, Fiserv, and Rockwell Automation. The area offers a highly desirable quality of life with major regional destinations and events, including Summerfest, along with cultural and sports anchors such as the Milwaukee Art Museum, Harley-Davidson Museum, the Milwaukee Brewers at American Family Field, and the Milwaukee Bucks at Fiserv Forum.
In Association With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Bank
Building Size
5,061 SF
Building Class
C
Year Built
2012
Price
$2,077,916 CAD
Price Per SF
$410.57 CAD
Cap Rate
6.75%
NOI
$140,259 CAD
Tenancy
Single
Building Height
1 Story
Zoning
C
Parking
67 Spaces (10 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- Jan 2032
PNC Bank has origins dating back to 1852 with the founding of Pittsburgh Trust and Savings Company. It became PNC Financial Corporation in 1983 through a merger. The company has since grown through various mergers and acquisitions. PNC Bank operates as a diversified financial institution offering services like retail banking, corporate banking, and wealth management. It serves millions of customers and has a significant presence in many U.S. markets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Finance and Insurance | - | - | Jan 2032 |
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PNC Bank / High-End Milwaukee Suburb | 17375 W Capitol Dr
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