149-acre sussex business park lots for sale or …...investment real estate. simplified. for sale or...

149-ACRE SUSSEX BUSINESS PARKLOTS FOR SALE OR DESIGN-BUILD

NORTHWEST CORNER STH 164 & CTH K SUSSEX, WISCONSIN

Proposed illustrative rendering

FOR SALE OR DESIGN-BUILD

BUSINESS PARKSUSSEX, WISCONSIN

Available for sale: up to 149-acres (1.5-acre minimum)

Available for design-build: 50,000-300,000 SF buildings

FOR SALE OR DESIGN-BUILD

LOTS AVAILABLE: UP TO 149-ACRES (1.5-ACRE MIN.)SUSSEX, WISCONSIN

This new 149-acre business park is located on the northwest corner of Highway 164 and County Highway K in the Village of Sussex, with high visibility. The site will accommodate users (industrial, food service, health services, general services, and/or retail trade) and tenants in need of 1-acre to as large as 149-acres. As a build-to-suit development it is an ideal location for a single tenant or multi-tenants with quick access to I94 and the new Zoo Interchange. This site is within 30 minutes of Milwaukee and it is also just 60 minutes to Madison and the I90/I94/I39 split. Site work is underway with a targeted completion in Quarter 2 of 2019.

1200 Mayfair Road, Milwaukee, WI 53226 l 414.935.4028 l wangard.comConnect with us on Twitter (@WangardPartners), Facebook and LinkedInInformation shown herein was furnished by sources deemed reliable and is believed to be accurate, however, no warranty or representation is made as to the accuracy thereof and is subject to correction. Prices are subject to change without notice.

WANGARDINVESTMENT REAL ESTATE. SIMPLIFIED.

LOCATION

Highway 164 and CTH KSussex, WI 53089

CONTACTS

Burton [email protected]

T 414.935.4028C 414.745.9051

Michael [email protected]

T 414.231.8626C 815.482.0105

Up to 24.3 Acres Available

Up to 12.7 Acres Available

Up to 28.9 Acres

Available

Location W250 N5467 HWY 164, Sussex, Wisconsin 53089

Property Type Industrial, food service, health services, general services, and/or retail trade

Site Size 149-acres (divisible); Phase 1: 70-acres eastern; Phase 2: 79-acres western

Building Sizes 30,000 - 750,000 SF

Lot Size Up to 149-acres (1.5-acre minimum)

Lease Rate Negotiable (Design-Build)

Sale RateIndustrial: $135,000-$225,000/acre*; Retail: $500,000/acre*- TIF Assistance Available!

Schedule Site work August 2018 - 2nd Quarter of 2019; Building occupancy could be simultaneous to provide an expedited move-in

Building Design Build-to-suit

Population 1 Mile: 3-Miles: 1,626 25,072

Population Growth 18-23’ 1.9% 2.2%

ZoningBP-1/PDO; B2 (Industrial, food service, health services, general services, and/or retail trade)

Development StandardsThis site includes park covenents similar to those of high-end business parks. Additional details, information, and a full set of development standards are available upon request.

GENERAL INFORMATION



FOR SALE OR DESIGN-BUILDLOTS AVAILABLE UP TO 149-ACRES (1.5-ACRE MIN.)

SUSSEX, WISCONSIN

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

* Pricing is subject to change.

PRICING




SUSSEX, WISCONSIN

* Pricing is subject to change.

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

$225,000/ACRE

$500,000/ACRE

$500,000/ACRE

$500,000/ACRE

$175,000/ACRE

$175,000/ACRE

$500,000/ACRE

$150,000/ACRE

$150,000/ACRE

$135,000/ACRE

$135,000/ACRE

PERFECT for Medical

Office Users!

KEY SITE FEATURES




SUSSEX, WISCONSIN

Four-lane highway access, two controlled intersections, concrete roads with flat approaches for easy truck access

Easy access to a growing & robust labor pool

Quick access to interstate & amenities

Up to 40% reduced mill rate & reduced labor costs compared to other communities South of Milwaukee

25% green space minimum

Separate truck/car parking

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

LOCATION



VILLAGE DEMOGRAPHICS

Village Gender BreakdownFemales: 50.6%Males: 49.4%

Median Resident Age: 39.2 years

Education for residents 25 years and olderLess than High School: 5.8% High School Graduate or higher: 94.2% Associate or Bachelor’s Degree or higher: 37.2% Graduate or Professional Degree: 11.1%

Economic HighlightsEstimated median household income 2018 $118,070Estimated median house value 2018: $289,590Population Growth 2018-2023: 2.41%Unemployed: 2.4% (Below state average of 2.9%)

Major Employment by IndustryManufacturing: 24.2% Education, Health, Government: 21.7% Retail: 12.4%Professional Services: 9.5%Source: US Census Bureau 2018; Village of Sussex


SUSSEX, WISCONSIN

NEIGHBORHOOD & BUSINESS

Sussex is located just 19 miles northwest of Metro Milwaukee, which makes this location a hot spot for light industrial, manufacturing and logistics companies. The easy and quick access to major Interstates such as I-94, I-41and Highway 45 increase efficiency for companies looking to expand operations. Immediately north of the Sussex Commerce Park are new housing developments, to the east is the Sussex Corporate Center and to the south is the recently opened Meijer. Sussex is the location of choice for Amazon, Quad Graphics, Wisconsin Building Supply, Lannon Stone, Halquist Stone, Schmidt Trucking, Sussex IM, Prestwick, Pro Industrial Controls, Integrity Wire, Waukesha Metal Products, Merritt Tool, Champion Engine, ProHealth, Wisconsin Building Supply, ShopKo, Quality Welding, Ferguson, JM Motorsports, Menards, Walmart, Sherwin-Williams, Beer Capitol Distributing, Kwik Trip, and Interstate Heating Company.

The Village is dedicated to maintaining it’s small town feel, preserving a high quality of life for residents and providing urban conveniences. With over 274-acres of park property, the Village is home to a variety of neighborhood parks, walking, biking and running trails, and conservancy areas.

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

DEMOGRAPHICS




SUSSEX, WISCONSIN

n

n

nSource: Department of Administration; State of Wisconsin

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

DEMOGRAPHICS




SUSSEX, WISCONSIN

Source: ESRI

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

AMENITIES




SUSSEX, WISCONSIN

Sussex Corporate Park

SITE

n

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

DRIVE TIME MAP




SUSSEX, WISCONSIN

n

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

Population:0-10 Minutes

27,60210-30 Minutes

816,89030-60 Minutes

1,085,504

BROKER DISCLOSURE TO NON-RESIDENTIAL CUSTOMERS



1 Prior to negotiating on your behalf the brokerage firm, or an agent associated with the firm, must 1 provide you the

2 following disclosure statement:3 DISCLOSURE TO CUSTOMERS You are a customer of the brokerage firm

(hereinafter Firm). The Firm is either an agent4 of another party in the transaction or a subagent of another firm that is the

agent of another party in the transaction. A5 broker or a salesperson acting on behalf of the Firm may provide brokerage

services to you. Whenever the Firm is6 providing brokerage services to you, the Firm and its brokers and

salespersons (hereinafter Agents) owe you, the7 customer, the following duties:8 (a) The duty to provide brokerage services to you fairly and honestly.9 (b) The duty to exercise reasonable skill and care in providing brokerage

services to you.10 (c) The duty to provide you with accurate information about market

conditions within a reasonable time if you request11 it, unless disclosure of the information is prohibited by law.12 (d) The duty to disclose to you in writing certain Material Adverse Facts about

a property, unless disclosure of the13 information is prohibited by law (see lines 42-51).14 (e) The duty to protect your confidentiality. Unless the law requires it, the

Firm and its Agents will not disclose your15 confidential information or the confidential information of other parties (see

lines 23-41).16 (f) The duty to safeguard trust funds and other property held by the Firm or

its Agents.17 (g) The duty, when negotiating, to present contract proposals in an objective

and unbiased manner and disclose the18 advantages and disadvantages of the proposals.19 Please review this information carefully. An Agent of the Firm can answer your

questions about brokerage services,20 but if you need legal advice, tax advice, or a professional home inspection,

contact an attorney, tax advisor, or home21 inspector. This disclosure is required by section 452.135 of the Wisconsin

statutes and is for information only. It is a22 plain-language summary of the duties owed to a customer under section

452.133(1) of the Wisconsin statutes.23 CONFIDENTIALITY NOTICE TO CUSTOMERS The Firm and its Agents

will keep confidential any information given to the24 Firm or its Agents in confidence, or any information obtained by the Firm and

its Agents that a reasonable person25 would want to be kept confidential, unless the information must be disclosed

by law or you authorize the Firm to26 disclose particular information. The Firm and its Agents shall continue to keep

the information confidential after the27 Firm is no longer providing brokerage services to you.28 The following information is required to be disclosed by law:29 1. Material Adverse Facts, as defined in Wis. Stat. § 452.01(5g)

(see lines 42-51).

30 2. Any facts known by the Firm or its Agents that contradict any information included in a written inspection

31 report on the property or real estate that is the subject of the transaction.32 To ensure that the Firm and its Agents are aware of what specific information

you consider confidential, you may33 list that information below (see lines 35-41) or provide that information to

the Firm or its Agents by other means. At a34 later time, you may also provide the Firm or its Agents with other Information

you consider to be confidential.35 CONFIDENTIAL INFORMATION: ______________________________36 _________________________________________________________37 _________________________________________________________38 NON-CONFIDENTIAL INFORMATION (the following information may be

disclosed by the Firm and its Agents): _____________________________39 _________________________________________________________40 _________________________________________________________41 ____________________ (Insert information you authorize to be disclosed,

such as financial qualification information.)42 DEFINITION OF MATERIAL ADVERSE FACTS43 A “Material Adverse Fact” is defined in Wis. Stat. § 452.01(5g) as an Adverse

Fact that a party indicates is of such44 significance, or that is generally recognized by a competent licensee as being

of such significance to a reasonable45 party, that it affects or would affect the party’s decision to enter into a

contract or agreement concerning a transaction46 or affects or would affect the party’s decision about the terms of such a

contract or agreement.47 An “Adverse Fact” is defined in Wis. Stat. § 452.01(1e) as a condition or

occurrence that a competent licensee48 generally recognizes will significantly and adversely affect the value of the

property, significantly reduce the structural49 integrity of improvements to real estate, or present a significant health risk to

occupants of the property; or information50 that indicates that a party to a transaction is not able to or does not intend

to meet his or her obligations under a51 contract or agreement made concerning the transaction.52 NOTICE ABOUT SEX OFFENDER REGISTRY You may obtain information

about the sex offender registry and persons53 registered with the registry by contacting the Wisconsin Department of

Corrections on the Internet at54 http://www.doc.wi.gov or by telephone at 608-240-5830.

Wangard Partners, Inc

WISCONSIN REALTORS ASSOCIATION4801 Forest Run Road

Madison, WI 53704


SUSSEX, WISCONSIN

LOCATION


CONTACTS


T 414.935.4028C 414.745.9051


T 414.231.8626C 815.482.0105

149-acre sussex business park lots for sale or …...investment real estate. simplified. for sale or...

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