Investment Overview

Marcus & Millichap is pleased to present Oakbridge Retail Center, a Neighborhood Center with a healthy mix of restaurant, service, and specialty retailers. The property features a new seven-year lease with Plato's Closet, boasting 3% annual rent increases. With nearly 400 feet of unobstructed frontage along Mineral Point Road and a daily traffic count of 24,800 vehicles, it offers excellent visibility. Additionally, it is conveniently located directly off the U.S. Route 12 interchange, with a daily traffic count of 75,900 vehicles. The center is adjacent to Prairie Towne Center, which houses major tenants such as Target, Pick 'n Save, Starbucks, Old Navy, Party City, Famous Footwear, Lands' End, and more. With a long operating history and most tenants having been located in the center for over 10 years, it showcases stability and customer loyalty. The property's strategic location positions it just 15 minutes away from the University of Wisconsin-Madison, which has a student population of 49,886 and 24,232 staff members. Moreover, the center benefits from a densely populated area, with 70,681 people living within three miles and 86,078 people working within three miles.