Located to the immediate East of the location for the future Hobby Lobby (next to Target), Area 3 offers 800' of valuable retail frontage on W. Prien Lake Road and 2,202' along Contraband Parkway.
The price per square foot based on days to close from the date of the Purchase Agreement:
- $7.25/SqFt for a 120-day closing
- $8.25/SqFt if closed after 120 days, but before 180 days
- $9.00/SqFt if closed after 180 days, but before 240 days
Area 3 contains approximately 30.2 acres, as illustrated in the drawing below prepared by the engineering firm of Meyer and Associates. Note that the map and Meyer drawing do not reflect the change due to the Hobby Lobby location or the entrance.
Underground power lines should be installed within the next few months.
Buyers are responsible for infrastructure.
Contraband Parkway is now open.
Other than a portion along the drainage lateral, all wetlands within Area 3A, 3B, and 3C have been mitigated.
Photo from Contraband Parkway showing the NE portion of Area 3..