1907 Market Way
Watertown, WI 53094
Gateway Market · Retail Property For Sale

Capital Pacific is pleased to present the opportunity to acquire Gateway Market in Watertown, WI. The subject property is a six-tenant strip center shadow anchored by Walmart Supercenter. The property features NNN lease structures, with tenants reimbursing for their expenses and Landlord’s responsibility limited to roof and structure. The tenant lineup is anchored by corporate leases with GameStop (5,800 locations) and Cash Store (340 U.S. locations). Additionally, the property includes Rosati’s Pizza restaurant (200 locations), a nail salon (V Nails), massage parlor (S.J. Massage), and laundromat, creating a dynamic mix of national retailers and regional/local retail. The investment features an attractive, low average rent of $13.85 per foot. The Property features standalone visibility along Market Way directly adjacent to Highway 26, the main thoroughfare through Watertown. Within the trade area there are a number of retail centers that produce heavy traffic to daytime businesses. Some of these major drivers include Walmart, ALDI, and Tractor Supply Co. The surrounding area of Watertown boasts average household incomes over $64,000 and a population density of 27,626 residents within a 5-mile radius of the subject property.