4200 S. 76th St - Greenfield Development Site_Actifs en vente

4200 S 76th St, Greenfield, WI, 53220-2855, US

4200 S. 76th St - Greenfield Development Site

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”), as sole and exclusive agent for owner, has been retained to offer for sale the opportunity to acquire a highly accessible & visible +/- 23.85 acre development parcel in the emerging suburb of Greenfield, Wisconsin. The development opportunity is located at 4200 S 76th Street (the “Property”) and formally known as Spring Mall. The Property’s improvements no longer represent the highest and best use and with the final existing tenant expiring June 2023 a new vision can be executed.

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Caractéristiques de l'actif

Taille du terrain

9,65 hectare (96 518 m²)

Média

Points clés d'investissement

Rare 23.85 acre infill site offers scalable development optionality
Accessible from three major Wisconsin thoroughfares: US-43, US-41 and US-894
neighboring restaurants, grocery stores, entertainment options & new medical facilities create a full-service community
New Powerline pedestrian trail under construction adjacent to site. 1st Phase completion anticipated 4th Quarter 2022.
Walkable to Maple Grove Elementary School (Less than 1,000 feet to the east)
Increasing cost of living in downtown Milwaukee and low inventory of residential product creating outsized demand for new housing
Low unemployment rate of 2.6% demonstrates strong market fundamentals