Shopping Strip
Shoppes at Oneida
2621 S Oneida St, Green Bay, WI 54304
Listing Price: $3,945,000
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire 100% fee simple interest in the Shoppes at Oneida, (the “Property”), a 14,321 square foot, Class “A” retail strip center located in Green Bay, WI.
Built in 2005, the restaurant and service-based retail strip center is 100% leased to 5 national tenants on a 1.96-acre site just 1.5 miles from Lambeau Field – Home of the Green Bay Packers. Located next to the interchange of I-41 (69,000 VPD) and Hwy-172 (83,000 VPD), the Property sits at the epicenter of one of Green Bay’s most dominant retail corridors and is surrounded by a critical mass of nearby national retailers including Aldi, Fresh Thyme Market, Target, Hobby Lobby, Dave & Buster’s, Dick’s, Best Buy, Kohl’s, and Hyvee, among others.
The Shoppes at Oneida has a long-standing track record of maintaining high occupancy levels and is a part of the larger Shoppes at the Village, which attracts more than 2,000,000 annual visitors. Additionally, the directly adjacent Panera Bread is the #2 busiest location in the state of Wisconsin according to Placer AI, and the adjacent Red Robin does over $4M in annual sales.
The Property features two new tenants, Nothing Bundt Cakes & Blo Blow Dry Bar, who both recently executed 10-year leases providing a long term, stable tenant base. The remaining tenants are a complimentary mix of retail, restaurant, and service tenants which are e-commerce proof and cater to the surrounding communities.
The Property is being offered free and clear of debt at a 7.5% cap rate totaling $3,945,000.
Investment Highlights
- HIGH PERFORMING SHADOW ANCHORS
- RESTAURANT AND E-COMMERCE PROOF NATIONAL TENANT BASE
- DESIRABLE DEMOGRAPHICS
Listing Price: $3,945,000
Investment Highlights
- HIGH PERFORMING SHADOW ANCHORS
- RESTAURANT AND E-COMMERCE PROOF NATIONAL TENANT BASE
- DESIRABLE DEMOGRAPHICS
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire 100% fee simple interest in the Shoppes at Oneida, (the “Property”), a 14,321 square foot, Class “A” retail strip center located in Green Bay, WI. Built in 2005, the restaurant and service-based retail strip center is 100% leased to 5 national tenants on a 1.96-acre site just 1.5 miles from Lambeau Field – Home of the Green Bay Packers. Located next to the interchange of I-41 (69,000 VPD) and Hwy-172 (83,000 VPD), the Property sits at the epicenter of one of Green Bay’s most dominant retail corridors and is surrounded by a critical mass of nearby national retailers including Aldi, Fresh Thyme Market, Target, Hobby Lobby, Dave & Buster’s, Dick’s, Best Buy, Kohl’s, and Hyvee, among others. The Shoppes at Oneida has a long-standing track record of maintaining high occupancy levels and is a part of the larger Shoppes at the Village, which attracts more than 2,000,000 annual visitors. Additionally, the directly adjacent Panera Bread is the #2 busiest location in the state of Wisconsin according to Placer AI, and the adjacent Red Robin does over $4M in annual sales. The Property features two new tenants, Nothing Bundt Cakes & Blo Blow Dry Bar, who both recently executed 10-year leases providing a long term, stable tenant base. The remaining tenants are a complimentary mix of retail, restaurant, and service tenants which are e-commerce proof and cater to the surrounding communities. The Property is being offered free and clear of debt at a 7.5% cap rate totaling $3,945,000.