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Sussex, Main Street

N63 W22603 W. Main Street, Sussex, WI 53089

$1,850,000

36,203 SF | Industrial

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Industrial Property For Sale

Price:
$1,850,000
Building Size:
36,203 SF
Price/SF:
$51.10
Property Type:
Industrial
Property Sub-type:
Flex Space
Property Use Type:
Investment
Cap Rate:
8.72%
Tenancy:
Multiple
Clear Ceiling Height:
14 ft.
Lot Size:
2.80 AC
Listing ID
17173374
Last Updated
40 days ago

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Description

The offered property is a 36,203 SF office / showroom / warehouse building located in a preeminent location within the Sussex Industrial Park. The building was originally constructed in 1985, with an addition in 1997. The property is situated on a 2.8 acre site in Sussex, which is one of the fastest growing areas within the metro Milwaukee area. The site contains 545 feet of high visibility frontage along State Highway 74 (Main Street) and 328 feet of frontage along Village Drive. An expension to four-lane highway is currently under construction for Highway 74.

The property is situated in a preeminent location within the Sussex Industrial Park on the east side of Sussex, Wisconsin. The sit conveniently accessible from Highway 74, and also has in excess of 500 feet of Highway 74 frontage, offering excellent sign exposure. Highway 74 is the main traffic artery going east and west through the Village of Sussex. Less than a mile west of the property Highway 74 turns south into a four lane road and feeds into Interstate 94 about 6 miles further. Interstate 94 is the main freeway connecting northern Indiana, Chicago, Milwaukee, Madison, and St. Paul / Minneapolis.

Map of N63 W22603 W. Main Street, Sussex, WI 53089 (Waukesha County)

Research for N63 W22603 W. Main Street, Sussex, WI 53089 (Waukesha County)

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Asking Price Index Trends for Sussex, WI Industrial For Sale

  Aug 14 vs. 3 mo.
prior
Y-O-Y
-
State
$40+0.6%+0.1%
-
Metro
$41+0.1%-3.5%
-
County
$53+2.0%+4.0%

View Sussex Market Trends for other property types for sale or lease. Learn more about the chart info.

Sussex, Main Street
  • Industrial
  • $1,850,000
  • 36,203 SF