Press Releases
Marcus & Millichap Arranges Sale and Financing of Two-Suite Retail Property in Plover, Wisconsin
August 20, 2025
PLOVER, Wis., Aug. 20, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and financing of 1813-1819 Park Ave., a two-suite retail property in Plover, Wisconsin. The property sold for $1.2 million. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, secured the financing.
“This center is a great long-term investment because of the strong tenants on triple net leases and excellent building condition,” said Jeff Rowlett, senior managing director investments in Marcus & Millichap’s Milwaukee office.
Rowlett represented the seller, VP Plover, LLC. Marcus & Millichap agents Mark Peltin and Blake Hanlon procured the buyer, Niets Investment Company.
Michael Hughes, managing director in the firm’s Milwaukee office, secured the financing.
Built in 2010, 1813-1819 Park Ave. comprises 5,054 square feet on a 0.72-acre corner parcel adjacent to Culver’s and Arby’s. The property is positioned along Plover Road, which sees more than 18,500 vehicles per day. Current tenants include Papa Murphy’s Pizza and Heartland Dental.
“This center is a great long-term investment because of the strong tenants on triple net leases and excellent building condition,” said Jeff Rowlett, senior managing director investments in Marcus & Millichap’s Milwaukee office.
Rowlett represented the seller, VP Plover, LLC. Marcus & Millichap agents Mark Peltin and Blake Hanlon procured the buyer, Niets Investment Company.
Michael Hughes, managing director in the firm’s Milwaukee office, secured the financing.
Built in 2010, 1813-1819 Park Ave. comprises 5,054 square feet on a 0.72-acre corner parcel adjacent to Culver’s and Arby’s. The property is positioned along Plover Road, which sees more than 18,500 vehicles per day. Current tenants include Papa Murphy’s Pizza and Heartland Dental.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
