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For Sale

Parkland Towne Center - Outlot For Sale - Lot 2 (Parcel B)

W171S7452 Lannon Drive,
Muskego, WI 53150

Asset Snapshot

2.93 Acres
Land Area

Offering Summary

Investment Overview

Part of Planned Development-50 with COM2 land use: 30,000 square foot, grocery store. The following Alternative Uses are acceptable Alternative Uses provided the specific proposed use is compliant with the City's applicable zoning and land development ordinances and the City's normal permitting approvals ("Approved Uses"); large scale specialty grocer/meat market/drug/pharmacy chain; hardware or home store; a specialty dinner theater. The Alternative Use should have a reasonable projected equalized value upon completion, based on a then current appraisal, of approximately $6,560,000.00, which is the projected incremental value of the Grocery Parcel in the current increment projections (including land) far the District. If the Alternative Use is not an approved use, the Alternative Use shall be subject to the approval of the City. (Market studies available) Site includes 3 – four story luxury condo style apartment buildings “The View at Towne Center” featuring outdoor heated pool, clubhouse and fitness room. Existing commercial businesses include: The Lodge Muskego - Food & Spirits, Papa John's, Luxe Nail Spa, Lakeview Family Chiropractic & Landmark Credit Union


Investment Highlights

  • Signalized intersection at main entrance, with a convenient 2nd entrance at Lannon Dr.
  • Highly visible along Janesville Road
  • Monument Signage
  • Walkability for area residents and The View Apartments
  • Mixed use development in the heart of downtown Muskego, WI

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Listing Syndicated From

Buildout
For Sale
$995,000
Asking Price