Shopping Neighborhood

The Shops on Appleton | Newly Renovated | 100% Occupied

n80w14900 Appleton Ave, Menomonee Falls, WI 53051

Listing Price: $3,237,000

Cap Rate
8.25%
Gross SF
19,499
Rentable SF
19,499
Price/Gross SF
$166.01
Lot Size
1.46 acres
Year Built
1976

Investment Overview

The Midwest, conservative financial mindset has never been more apparent than at The Shops on Appleton. This is an opportunity to buy shopping center substantially below its replacement cost, and with major capital projects complete including a refacade of both buildings, and a new roof on the southernmost building. Most leases have below market rates due to long-term tenancy.

Investment Highlights

  • Quality mix of national, franchise and local tenants with a variety of strong business categories including medical.
  • Appleton Ave is the primary arterial roadway for Menomonee Falls, connecting households to commerce.
  • Menomonee Falls is located approximately 15 minutes from downtown Milwaukee.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Regional Manager

    License(s): WI: 56163-90

    Wisconsin

Financing By

Shopping Neighborhood

The Shops on Appleton | Newly Renovated | 100% Occupied

Listing Price: $3,237,000

Cap Rate
8.25%
Gross SF
19,499
Rentable SF
19,499
Price/Gross SF
$166.01
Lot Size
1.46 acres
Year Built
1976

Investment Highlights

  • Quality mix of national, franchise and local tenants with a variety of strong business categories including medical.
  • Appleton Ave is the primary arterial roadway for Menomonee Falls, connecting households to commerce.
  • Menomonee Falls is located approximately 15 minutes from downtown Milwaukee.

Investment Overview

The Midwest, conservative financial mindset has never been more apparent than at The Shops on Appleton. This is an opportunity to buy shopping center substantially below its replacement cost, and with major capital projects complete including a refacade of both buildings, and a new roof on the southernmost building. Most leases have below market rates due to long-term tenancy.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Regional Manager

    License(s): WI: 56163-90

    Wisconsin

Financing By

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