Press Releases
Marcus & Millichap Brokers $3.55M Sale of Nine-Suite Retail Property in Sussex, Wis.
August 03, 2026
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.
“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.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
