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Shopping Strip

Starbucks Anchored Center | Walmart Shadow-Anchored

120-148 Crossroads Drive, Plover, WI 54467

Listing Price: $5,550,000

Cap Rate
6.52%
Gross SF
14,336
Rentable SF
14,336
Price/Gross SF
$387.14
Lot Size
1.74 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present a 100% occupied shopping center, anchored by Starbucks, located in Plover, Wisconsin. This property is shadow-anchored by Walmart Supercenter, Kohl’s, and Lowe’s. It is part of Crossroads Commons, comprising of over 600,000 square feet of prime retail located directly off of a heavily traveled interstate. It is an incredibly stable strip, with a majority of national tenants including Starbucks, Sport Clips, GNC, H&R Block, GameStop, U.S. Cellular, and OneMain Financial. Local tenants include Premium Tobacco and The Cash Store. There has only been one vacancy since the property was constructed in 2006. This shopping center is conveniently located on a highly visible, hard-corner, stoplight intersection seeing nearly 30,000 vehicles per day. Attractive demographics surround the property with over 27,000 people working within three miles and an average household income exceeding $105,000.

Investment Highlights

  • 100% Occupied Shopping Center Anchored by Starbucks
  • Incredibly Stable Strip Center with Tenants Exercising Multiple Lease Renewals
  • Part of Crossroads Commons | 600,000 Square Feet of Prime Retail | Master Planned Retail Development Sitting on over 110 Acres and Located Directly off I-39 Highway
  • Seven of Nine Tenants are National | Starbucks, Sport Clips, GNC , H&R Block, GameStop, U.S. Cellular, and OneMain Financial
  • High Visibility Location | Dominant Retail Destination in Central Wisconsin | Interstate 39 Sees 29,900 Vehicles per Day
  • Attractive Demographics Surrounding Property | 27,094 People Work Within Three Miles

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Shopping Strip

Starbucks Anchored Center | Walmart Shadow-Anchored

Listing Price: $5,550,000

Cap Rate
6.52%
Gross SF
14,336
Rentable SF
14,336
Price/Gross SF
$387.14
Lot Size
1.74 acres
Year Built
2006

Investment Highlights

  • 100% Occupied Shopping Center Anchored by Starbucks
  • Incredibly Stable Strip Center with Tenants Exercising Multiple Lease Renewals
  • Part of Crossroads Commons | 600,000 Square Feet of Prime Retail | Master Planned Retail Development Sitting on over 110 Acres and Located Directly off I-39 Highway
  • Seven of Nine Tenants are National | Starbucks, Sport Clips, GNC , H&R Block, GameStop, U.S. Cellular, and OneMain Financial
  • High Visibility Location | Dominant Retail Destination in Central Wisconsin | Interstate 39 Sees 29,900 Vehicles per Day
  • Attractive Demographics Surrounding Property | 27,094 People Work Within Three Miles

Investment Overview

Marcus & Millichap is pleased to present a 100% occupied shopping center, anchored by Starbucks, located in Plover, Wisconsin. This property is shadow-anchored by Walmart Supercenter, Kohl’s, and Lowe’s. It is part of Crossroads Commons, comprising of over 600,000 square feet of prime retail located directly off of a heavily traveled interstate. It is an incredibly stable strip, with a majority of national tenants including Starbucks, Sport Clips, GNC, H&R Block, GameStop, U.S. Cellular, and OneMain Financial. Local tenants include Premium Tobacco and The Cash Store. There has only been one vacancy since the property was constructed in 2006. This shopping center is conveniently located on a highly visible, hard-corner, stoplight intersection seeing nearly 30,000 vehicles per day. Attractive demographics surround the property with over 27,000 people working within three miles and an average household income exceeding $105,000.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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