Shopping Neighborhood
Shops Off Broadway Neighborhood Center
1501 N Broadway St, Menomonie, WI 54751
Listing Price: $9,949,636
Cap Rate
8.00%
Gross SF
130,387
Rentable SF
130,387
Price/Gross SF
$76.31
Lot Size
10.16 acres
Year Built
1973
Investment Overview
Shops Off Broadway Neighborhood Center in Menomonie, WI.
Shops Off Broadway Neighborhood Center
Investment Highlights
- 100% Occupied Neighborhood Center | 130k Square Feet | Positioned on 10+ Acres
- 8.07 WALT | Zero Lease Rollover until at least 2032 | 80% of the GLA is leased until at least 2033
- Near-Term Rent Growth | $9,849 Contractual Rent Increase in March 2027 | Creates over $123,000 in Implied Value at an 8.00% Cap
- New Five Below Lease | Grand Opening October 10, 2025 | Seller Invested more than $1.1m in Tenant Improvements for the New Five Below space and New Nail Spa space
- Fresh Dunham's Sports Renewal on September 28, 2026
- College Town | Home to UW-Stout (6,900+ Students) | 124-acre Campus
- Shadow Anchors Starbucks & McDonald's | The only Starbucks and only McDonald's within 15 Miles
- Offered Well Below Replacement Cost at $76psf
Shopping Neighborhood
Shops Off Broadway Neighborhood Center
Listing Price: $9,949,636
Cap Rate
8.00%
Gross SF
130,387
Rentable SF
130,387
Price/Gross SF
$76.31
Lot Size
10.16 acres
Year Built
1973
Investment Highlights
- 100% Occupied Neighborhood Center | 130k Square Feet | Positioned on 10+ Acres
- 8.07 WALT | Zero Lease Rollover until at least 2032 | 80% of the GLA is leased until at least 2033
- Near-Term Rent Growth | $9,849 Contractual Rent Increase in March 2027 | Creates over $123,000 in Implied Value at an 8.00% Cap
- New Five Below Lease | Grand Opening October 10, 2025 | Seller Invested more than $1.1m in Tenant Improvements for the New Five Below space and New Nail Spa space
- Fresh Dunham's Sports Renewal on September 28, 2026
- College Town | Home to UW-Stout (6,900+ Students) | 124-acre Campus
- Shadow Anchors Starbucks & McDonald's | The only Starbucks and only McDonald's within 15 Miles
- Offered Well Below Replacement Cost at $76psf
Investment Overview
Shops Off Broadway Neighborhood Center in Menomonie, WI.
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