Saturday, August 20, 2011

Industrial Property in Sun Prairie is One of the Madison Area's Best Values (City of Sun Prairie Office of Economic Development)

A quick look at 2010 land prices per square foot for the Greater Madison East/Dane County East market and Sun Prairie shows up near the top of the list in terms of competitive pricing in MG&E's 2010 Business Park Directory:

Stoughton Business Park - Stoughton ($0.59+ per s.f.)
Deerfield Business Park - Deerfield ($1.00 per s.f.)
Sun Prairie Business Park - Sun Prairie ($1.75-$3.00 per s.f.)*
Arboretum Office Park - Waunakee ($2.00-$4.00 per s.f.)
Waunakee Business Park - Waunakee ($2.50-$2.75 per s.f.)
Cottage Grove Commerce Park - Cottage Grove ($2.75-$6.00 per s.f.)
Broadway Industrial Area - Madison ($3.00-$6.00 per s.f.)
Cottage Grove Business Park - Cottage Grove ($3.00-$3.50 per s.f.)
North Towne Corporate Park - DeForest ($3.00-$4.00 per s.f.)
Center for Industry & Commerce - Madison ($3.00-$8.25 per s.f.)
Metro Tech/Metro Place - Madison ($3.50-$10.50 per s.f.)
BioAg Gateway - Madison ($4.00 per s.f.)
East Metro Business Park - T. Burke ($4.00 per s.f.)
Interstate Commerce Park - Madison ($4.00 per s.f.)
World Dairy Center - Madison ($5.00 per s.f.)
American Center - Madison ($5.95-$9.00 per s.f.)
Innovation Springs at Conservancy Place - DeForest ($6.50 per s.f.)

* - Pricing for City owned parcels has been lowered to $1.17 per s.f. for City-owned lots effective August 2011.


Sun Prairie's pricing becomes even more impressive when you consider the following:
  • Sun Prairie's Business Park has fully improved lots with water, sewer, streets electricity and fiber optic telecommunications all readily available.
  • TIF assistance and other financial assistance available for qualified projects.
  • Swift, predictable development review process that is consistently completed in no more than seven weeks for most submittals.
  • Immediate access to a six lane federal highway (U.S. 151), with fast, easy access to Interstates 39, 90, and 94 in minutes.
  • Electrical rates that are 10-20% cheaper than investor owned utilities in the area, with excellent reliability.
  • 15 minutes from the Dane County Regional Airport.
  • Immediate access to the Wisconsin Southern Railroad.
  • Access to a reliable, diverse workforce with skills ranging from agriculture, manufacturing, materials handling, research & analysis, transportation, and technology.
  • Sun Prairie's Business Park is governed by a set of restrictive covenants that protect private investment.
  • Permitted land uses include office, R&D, light manufacturing, warehousing, and flex space.
  • Easy, fast access to Madison and all its amenities.
For more information on available City-owned property in the Sun Prairie Business Park, contact Neil Stechschulte at (608) 825-0894 or nstechschulte[at]cityofsunprairie.com.

For information on available privately owned lots in the Sun Prairie Business Park, contact John Pinger of Northland Real Estate at (608) 223-9330 or jpinger[at]nlandrealestate.com.

Source: 2010 Dane County Commercial Parks and Business Incubators prepared by Madison Gas & Electric. The 2011 Directory will be out in coming weeks.

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