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1845 Progressive Pky
Platteville, WI 53818
Shoppes at Platteville · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
19,475 SF
Building Class
C
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.00 AC
Zoning
commercial
Parking
127 Spaces (6.57 Spaces per 1,000 SF Leased)
Frontage
323’ on Progressive Pky

ABOUT 1845 PROGRESSIVE PKY , PLATTEVILLE, WI 53818

Lee & Associates is pleased to exclusively offer for sale The Shoppes at Platteville, a multi-tenant retail center located at 1845 Progressive Parkway in Platteville, Wisconsin (the Property ). Built in 2008, this four-tenant retail property consists of a 19,301 square foot building that sits on approximately 1.965 acres. The Shoppes at Plattevile are ideally shadow anchored by a Walmart Supercenter and a Menards, offering excellent retail synergy and driving consistent traffic flow to the subject property. The Shoppes at Platteville shopping center is 100% leased to Dollar Tree, Verizon Wireless, Hibbetts Sports, and Maurice' s. All four tenants have operated successfully at this location since it was built in 2008 and have exercised their renewal options at least once. Dollar Tree just extended their lease for another 5 years showing their commitment to this site. This Maurices location is one of the highest performing stores in their system, performing well above their national average. The Shoppes at Platteville is located within the community of Platteville, the largest city in Grant County, and the Gateway to Southwest Wisconsin . It is home to the University of Wisconsin-Platteville, a four-year university with an enrollment of 8,600 students. The subject property is strategically located along the foot of the on/off ramp to Hwy 151 and Dubuque Rd., offering excellent access, visibility, and signage to 10,000+ vehicles per day. The center has plentiful parking, monument signage, and is a well-maintained building. There are nearly 16,000 people within a 7-mile radius of the subject property with an average household income of over $56,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
271-03100-0050
Land Assessment
$296,700
Improvements Assessment
$2,903,300
Total Assessment
$3,200,000
  • Listing ID: 7380131

  • Date on Market: 5/25/2017

  • Last Updated:

  • Address: 1845 Progressive Pky, Platteville, WI 53818

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