build-to-suit or ground lease new retail development
TRANSCRIPT
www.cbre.com/milwaukee
ACROSS FROM MAYFAIR MALL
New Retail DevelopmentBUILD-TO-SUIT OR GROUND LEASE
2929-2949 N. MAYFAIR ROAD, WAUWATOSA, WI
PROPERTY FEATURES + Retail Space, Build-to-suit or Ground Lease available
+ Proposed retail space: 1,500 SF to 19,000 SF
+ Parcel size: 2.4 acres
+ Rent: Contact Broker
+ Expenses: estimated at $8.50 PSF
+ Major area retailers: Mayfair Mall, The Mayfair Collection, Nordstrom, Boston Store, Macy’s, Whole Foods, Sak’s Off Fifth, The Container Store and Nordstrom Rack to name a few
+ Access: Full Access cut at Mayfair Road
+ Positioned along one of Milwaukee’s hottest retail corridors between Mayfair Mall and The Mayfair Collection
SITE
ESTIMATED DEMOGRAPHICSYear: 2016
1 Mile 2 Miles 3 Miles 5 Miles
Population 6,410 37,819 96,800 303,317
Avg. Household Income $85,007 $80,733 $76,668 $66,410
Employees 13,932 29,349 66,272 148,587
Traffic Counts
Mayfair Road 35,100 VPD
Burleigh Street 23,700 VPD
CONTACT USCJ Goldberg
Senior Associate+1 414 274 [email protected]
Peter Glaser
Senior Vice President+1 414 274 [email protected]
www.cbre.com/milwaukee
©�2017�CBRE,�Inc.�CBRE�and�the�CBRE�logo�are�service�marks�of�CBRE,�Inc.�and/or�its�affiliated�or�related�companies�in�the�United�States�and�other�countries.�We�obtained�the�information�herein�from�sources�we�believe�to�be�reliable.�However,�we�have�not�verified�its�accuracy�and�make�no�guarantee,�warranty�or�representation�about�it.�It�is�submitted�subject�to�the�possibility�of�errors,�omissions,�change�of�price,�rental�or�other�conditions,�prior�sale,�lease�or�financing,�or�withdrawal�without�notice.�We�include�projections,�opinions,�assumptions�or�estimates�for�example�only,�and�they�may�not�represent�current�or�future�performance�of�the�property.�You�and�your�tax�and�legal�advisors should conduct your own investigation of the property and transaction. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
ST1PROPOSED SITE PLANPARKING SPACES : 153 + 7 H.A. = 160
MAYFAIR RD
REST / RETAIL
14
28
13
26
28 26
13 14
1008
REST / RETAIL
SITE PLAN
ACROSS FROM MAYFAIR MALL
New Retail DevelopmentBUILD-TO-SUIT OR GROUND LEASE
2929-2949 N. MAYFAIR ROAD, WAUWATOSA, WI
STATE O
F WISC
ON
SIN BR
OK
ER D
ISCLO
SURE
To Non
-Residential C
ustomers
Wisco
nsin
Law
requires a
ll real esta
te licensees to
give th
e follo
win
g
info
rma
tion
ab
out b
rokera
ge services to
pro
spective cu
stom
ers.
Prior to negotiating on your behalf the Broker must provide you
the following disclosure statem
ent:B
RO
KER
DISC
LOSU
RE TO
CU
STOM
ERS
You are the customer of the broker. The broker is either an
agent of another party in the transaction or a subagent of another broker w
ho is the agent of another party in the trans-action. The broker, or a salesperson acting on the behalf of the broker, m
ay provide brokerage services to you. Whenever the
broker is providing brokerage services to you, the broker owes
you, the customer the follow
ing duties:•
The duty to prove brokerage services to you fairly
and honestly.
•The duty to exercise reasonable skill and care in
providing brokerage services to you.•
The duty to provide you with accurate inform
ation
about m
arket conditions within a reasonable tim
e
if you request it, unless disclosure of the inform
ation
is prohibited by law.
•The duty to disclose to you in w
riting certain material
adverse facts about a property, unless disclosure of
theinform
ationisprohibitedbylaw(see“D
efinition
of M
aterial Adverse Facts” below).
•Thedutytoprotectyourconfidentiality.U
nlessthe
law
requires it, the broker will not disclose your
confidentialinformationofotherparties.
•The duty to safeguard trust funds and other property
the broker holds.•
The duty, when negotiating, to present contract
proposals in an objective and unbiased manner
and disclose the advantages and disadvantages of
the proposals.
Please review this inform
ation carefully. A broker or salesperson can answ
er your questions about brokerage services, but if you need legal advice, tax advice, or a professional hom
e inspec-tion, contact an attorney, tax advisor, or hom
e inspector.This disclosure is required by section 452.135 of the W
iscon-sin Statutes and is for inform
ation only. It is a plain language sum
mary of a broker’s duties to a custom
er under section 452.133(I) of the W
isconsin Statutes.C
ON
FIDEN
TIALITY N
OTIC
E TO C
USTO
MER
SBrokerw
illkeepconfidentialanyinformationgiventobrokerin
confidence,oranyinformationobtainedbybrokerthatheor
she knows a reasonable person w
ould want to be kept con-
fidentialbylaw,orauthorizethebrokertodiscloseparticularinform
ation. A broker shall continue to keep the information
confidentialafterbrokerisnolongerprovidingbrokerageservices to you.
The following inform
ation is required to be disclosed by law.1.
Materialadversefacts,asdefinedinsection
452.01(5g)oftheWisconsinstatutes(see“definition
of m
aterial adverse facts” below).
2.
Any facts known by the broker that contradict any
information included in a w
ritten inspection report on
the property or real estate that is the subject of the
transaction. To ensure that the broker is aware of w
hat
specificinformationbelow.Atalatertim
e,youmay
also provide the broker w
ith other information that you
considertobeconfidential.
CO
NFID
ENTIAL IN
FORM
ATION
:________________________________________________________________________________________________________N
ON
-CO
NFID
ENTIAL IN
FORM
ATION
(The following
information m
ay be disclosed by Broker):________________________________________________________________________________________________________(Insertinform
ationyouauthorizetobrokertodisclosesuchasfinancial
qualificationinformation)
CO
NSEN
T TO TELEP
HO
NE SO
LICITA
TION
I/WeagreethattheBrokerandanyaffiliatedsettlem
entserviceproviders (for exam
ple, a mortgage com
pany or title company)
may call our/m
y home or cell phone num
bers regarding issues, goods and services related to the real estate transaction until I/w
e withdraw
this consent in writing. List H
ome/C
ell Num
bers:____________________________________________________SEX
OFFEN
DER
REG
ISTRY
Notice: You m
ay obtain information about the sex offender
registry and persons registered with the registry by contacting
the Wisconsin D
epartment of C
orrections on the internet at http://offender.doc.state.w
i.us/public/ or by phone at (608)240-5830.D
EFINITIO
N O
F MA
TERIA
L AD
VER
SE FAC
TSA“m
aterialadversefact”isdefinedinWis.Stat.452.01(5g)
asanadversefactthatapartyindicatesisofsuchsignificance,orthatisgenerallyrecognizedbyacom
petentlicenseeasbeingofsuchsignificatetoareasonablepartythatitaffectsor w
ould affect the party’s decision to enter into a contract or agreem
ent concerning a transaction or affects or would affect
the party’s decision about the terms of such a contract or
agreement.An“adversefact”isdefinedinW
is.Stat.452.01(Ie) as a condition or occurrence that a com
petenet licensee generallyrecognizesw
illsignificantlyadverselyaffectthevalueoftheproperty,significantlyreducethestructuralintegrityofim
-provem
entstorealestate,orpresentasignificanthealthrisktooccupants of the property, or inform
ation that indicates that a party to a transaction is not able to or does not intend to m
eet his or her obligations under a contract or agreem
ent made
concerning the transaction.
No representation is m
ade as to the legal validity of any provision ortheadequacyofanyprovisiononanyspecifictransaction.
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