RE COMMERCIAL LLC COMMERCIAL BROKERAGE SERVICES PRIME RETAIL LAND AVAILABLE NORTHEAST QUADRANT OF HIGHWAY 172 & COUNTY HIGHWAY GV GREEN BAY, WI WalMart Menards Festival Foods Stein s Gardens & Gifts Fleet Farm Target Copps Costco Wholesale Home Depot Taco Bell Landmark Blvd Retail Land For Sale McDonalds 50,650 cars per day Todd DeVillers, CCIM Managing Partner 920 470 7573 todd.devillers@recwi.com RE Commercial LLC 900 W College Avenue, Suite C Appleton, WI 54914 920 997 3334 www.recommercialwi.com
PROPERTY OVERVIEW Bay Park Square Mall East Town Mall PRIME RETAIL LAND FOR SALE The overall retail market is shifting in the Green Bay area. Currently, Green Bay s main retail hubs are in and around the Bay Park Square Mall area to the west, and the East Town Mall area. The East Town Mall area is located approximately 3 miles to the east of the subject property on East Mason Street; it is a struggling corridor with low demographics and incomes. With several major big box retailers located within a five mile radius of the subject property, this site is expected to garner the majority of the future east side retail traffic as well as traffic from the south including customers from the City of De Pere and the Town of Ledgeview. Logistically this is one of the best retail sites in Brown County and we expect continued growth in the overall traffic and draw of this development. RE Commercial LLC page 2
PROPERTY HIGHLIGHTS The available retail land is located on the east side of Green Bay just off of Highway 172 in the Village of Bellevue. This ideal location offers easy access to Highways 41, 172, as well as Interstate 43. Location County NE Corner of Highway 172 and County Trunk GV Village of Bellevue, WI Brown This site is situated in the heart of an exploding retail area. This development recently secured Costco Wholesale as an anchor tenant, and plans are underway for additional development, including a 10,000 square foot retail strip center. The site currently has an excess of 65 fully improved acres available for additional retail development. Available sites range from the out parcels to the large big-box sites. PARCEL INFORMATION Site Size Approximately 33 acres Sale Prices See next page for pricing Tax Parcel #s B-2537, B-2538, B-2539, B-2541, B-2542 The subject property is located in a TID district, which will assist with additional retail development. Owners will consider out right land sales or build to suit to lease proposals. 2013 Traffic Count Cty Highway GV - Lime Kiln Road - Highway 172-23,190 cars per day 6,300 cars per day 50,650 cars per day Zoning PDD - Planned Development RE Commercial LLC page 3
PROPERTY PRICING 2 1.495 AC 1 1.488 AC Costco Wholesale 6 10.555 AC 3 1.559 AC 4 3.058 AC 5 15 AC PARCEL # ACRES PRICE PER ACRE DESCRIPTION 1 B-2737 1.488 $1,000,000 OUTPARCEL 2 B-2538 1.495 $1,000,000 OUTPARCEL 3 B-2539 1.559 $1,000,000 OUTPARCEL 4 B-2542 *3.058 $600,000 OUTPARCEL 5 B-2542 15.00 $350,000 CAN BE DIVIDED 6 B-2541 10.55 $350,000 CAN BE DIVIDED *ACREAGE MAY CHANGE RE Commercial LLC page 4
215 85 INFRASTRUCTURE DEVELOPMENT MAP Property for sale 3.1 Acre Out Parcel 1437 66 568 60 Storm Water Retention 335 00 15.4 Acres Retail Land (will divide) 481 17 555 50 ~1,353 25 Natural Gas Easement Additional Commercial Land Available 30 Acres 380 00 584 70 372 33 RE Commercial LLC page 5
PERMISSIBLE BUILDING AREA EXHIBIT RE Commercial LLC page 6
LOCATION HIGHLIGHTS GREEN BAY, WI AND SURROUNDING AREA The Village of Bellevue, WI is located within the City of Green Bay s Metropolitan area in Brown County. Green Bay lies approximately 250 miles east of Minneapolis and 100 miles north of Milwaukee. With a population of 104,057 (2010 census), it is the second-largest metropolitan area in Wisconsin after Milwaukee. Green Bay and its surrounding area is the economic hub of Northeastern Wisconsin. It is very pro-business, and has gained this reputation because of its creative economic development efforts. This area was ranked 4 th best for business growth and innovation (Fourth Economy-2012). Green Bay area has a varied, yet stable, economy based upon Health Services, Tourism/Hospitality, Paper Manufacturing, Food Processing, Durable Wholesale Trade, as well as Business Services. The Green Bay area has consistently received nationwide recognition as an ideal city to live and do business. According to Entrepreneur Magazine, Green Bay is the 5 th Best Small City in the United States to do business. Also, Green Bay s cost of living is well below the national average. The Village of Bellevue itself is a full service municipality offering quality services while maintaining one of the lowest combined local municipal tax and utility rates in Brown County. Children s Museum City Deck Boardwalk RE Commercial LLC page 7
SELECT DEMOGRAPHICS Retail Development GREEN BAY, WI 1 Mile 3 Miles 5 Miles 2012 Population 1,904 54,607 126,213 Average Household Income $80,956 $69,612 $60,253 Daytime Population 1,670 16,111 63,684 Bay Park Square Mall East Town Mall Retail Development RE Commercial LLC page 8
SELECT DEMOGRAPHICS - DRIVETIME Retail Development GREEN BAY, WI 5 Minutes 10 Minutes 15 Minutes 2012 Population 7,804 90,334 195,992 Average Household Income $66,651 $65,180 $62,060 Daytime Population 3,113 40,266 94,726 Bay Park Square Mall East Town Mall Retail Development RE Commercial LLC page 9