Listed by Somerstone
$1,800,000
Fox Run - Lot 4
Details
APN WAKC1328027
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 2.216
Zoning B-5 Commercial PUD
Ownership Fox Run 3, LLC
2.22 Acre Pad Ready Site | New Development Fox Run Waukesha, WI
Marketing description
Out with the old and in with the new. Fox Run Shopping Center is in the process of being redeveloped into a mixed- use commercial project anchored by a new 72-unit, luxury apartment complex and a two-story, micro-hospital. Located at the northwest corner of W. St. Paul Avenue and W. Sunset Drive, the site was formerly home to an aging Sentry Grocery Store and a vacant retail strip center. In careful coordination with the City of Waukesha, the high visibility site will be improved with modern site infrastructure, enhanced landscaping and lighting, and vastly improved visibility and access. Located along a well established and growing commercial corridor, the site is ideal for multiple potential uses, including commercial, office and retail. Market demographics are among the best in the state.
Investment highlights
- ESTABLISHED CORRIDOR: The site is located along a dynamic commercial corridor on the southwest side of Waukesha immediately west of the Shoppes at Fox River, a 467,000 SF retail shopping destination.
- QUALITY CO-TENANCY: Tenants in the development include Ascension Wisconsin Health, Chase Bank and a 72- unit, luxury apartment complex, providing consistent traffic to the site.
- PREMIUM CONSTRUCTION: The new development will be designed with all of the qualities and materials consistent with Class A, suburban, mixed-use developments.
- SUPERIOR LOCATION: The location of the property benefits from easy access to the new 59 Bypass in southwest Waukesha, providing quick access to I-94 and Milwaukee’s western suburbs. Site is located at the corner of Sunset Drive and St. Paul Avenue.
Listing Contacts
Listed by Somerstone
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
