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711 N Casaloma Dr
Appleton, WI 54913
Grand Creek Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 47,262 SF value-add retail center situated on 3.41 acres in Appleton’s premier Fox River Mall retail corridor
- 77.5% occupied, offering near-term NOI upside through lease-up of approximately 10,655 SF of vacant space
- Strong trade-area demographics with 127,944 residents and 153,630 daytime population within five miles
- Anchored by Petco and Guitar Center, providing strong daily traffic and national brand recognition
- Excellent visibility and access just off Interstate 41 (70,000+ VPD) with multiple points of ingress/egress
EXECUTIVE SUMMARY
Grand Creek Center is a 47,262 SF value-add retail center located in Appleton’s premier Fox River Mall corridor, anchored by Petco and Guitar Center. The property offers excellent visibility and access just off Interstate 41 (70,000+ VPD) and is surrounded by top national retailers including Walmart, Costco, and Menards. Currently 77.5% occupied, the center provides stable in-place income with clear upside through lease-up of existing vacancy in one of Northeast Wisconsin’s strongest retail trade areas.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
47,262 SF
Building Class
B
Year Built/Renovated
1993/2006
Price
$7,000,000
Price Per SF
$148.11
Cap Rate
7.96%
NOI
$557,365
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.32
Lot Size
3.41 AC
Parking
50 Spaces (1.06 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 10-1-1245-01 | Improvements Assessment | $2,535,100 |
| Land Assessment | $1,392,100 | Total Assessment | $3,927,200 |
PROPERTY TAXES
Parcel Number
10-1-1245-01
Land Assessment
$1,392,100
Improvements Assessment
$2,535,100
Total Assessment
$3,927,200
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