4200 S. 76th St - Greenfield Development Site
4200 S 76th St, Greenfield, WI, 53220-2855, US
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 The Property’s improvements no longer represent the highest and best use and with the final existing tenant expiring June 2023 a new vision can be executed.
- 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