4731-4741 W Lawrence St
Appleton, WI 54914
Retail Property For Sale

This opportunity consists of a 104,138 square foot two-tenant power center built in 2000 and renovated to tenant specific needs in 2004. The property was of class A construction and is situated on 10.90 acres. The roof is newer, only three years old. Gordmans moved into their space in March of 2004, signing a ten year lease which has been extended now runs through June of 2020. In addition to their initial term they have three - five year options to extend the lease. They are on a full triple-net lease reimbursing for taxes, insurance, common area maintenance and admin. Gordmans is doing an extensive remodel to their space. Ashley Furniture Homestore also moved into their space in 2004 and extended now runs through August of 2021. The have one remaining five year option to extend their current term. They too are on a full triple-net lease reimbursing for taxes, insurance, common area maintenance and management. There is potential to build outlot buildings in the front of the parking lot area facing W College Ave. The property sits just off interstate 41 in a densely populated retail corridor with big name retailers such as Walmart, Menards, Costco, Hobby Lobby, Barnes & Noble, The Home Depot, Old Navy, Bed Bath & Beyond, Office Max, Target, Sears, Macy' s, JCPenny, Sam' s Club and dozens more. In addition to Fox River Mall which has 136 stores. High Traffic counts pass directly by the center each day on W College Ave at over 18,000 and over 75,000 per day on interstate 41.