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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

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
5,061 SF
Building Class
C
Year Built
2012
Price
$2,121,342 CAD
Price Per SF
$419.15 CAD
Cap Rate
6.75%
NOI
$143,191 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 Financial Services Group traces its roots to the Pittsburgh Trust and Savings Company, which began in Pennsylvania in 1852, and later grew through a merger of Pittsburgh National Corporation and Provident National Corporation in 1983. The company provides retail and business banking, lending, corporate banking, real estate finance, asset-based lending, wealth management, and asset management. PNC serves individuals, small businesses, corporations, and government entities through a broad mix of financial services and continues to operate as a diversified banking and wealth platform in the United States.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - Jan 2032
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Caribou Coffee
U.S. Bank
Pick 'n Save
Club Pilates
Waukesha State Bank
North Shore Bank
  • Listing ID: 39693578

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 17375 W Capitol Dr, Brookfield, WI 53045

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