SUSSEX, Wis., Aug.3,2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Sussex Gateway Retail Center, a nine-suite retail property in Sussex, Wisconsin. The property sold for $3,550,000.
“The multiple competitive offers we generated demonstrate that investor demand for well-located multi-tenant retail properties in Milwaukee’s suburban markets remains high,” said Jeff Rowlett, senior managing director investments. “This center offered a compelling mix of stable cash flow and upside potential through lease-up of a 3,200-square-foot vacancy.”
Rowlett and Kelly Flowers, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, Sussex Mall, LLC.
The property consists of two multi-tenant retail buildings totaling approximately 24,834 square feet and is located along Executive Drive in Sussex. Anchored by Dollar Tree, the center is also home to tenants including Subway, Papa John’s and Edward Jones. Positioned across from Meijer and Kwik Trip, the property benefits from high traffic counts and excellent visibility.
The seller also owns an adjacent 1.48-acre development parcel that Marcus & Millichap is currently marketing for sale. “The site is zoned for retail development and is an excellent opportunity for a retailer, restaurant or service-oriented business to join one of Waukesha County’s growing retail corridors,” Rowlett said.
For more information regarding the development site, contact Rowlett and Flowers.
