Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Grand Creek Center 711 N Casaloma Dr 47,262 SF 100% Leased Retail Building Appleton, WI 54913 $7,000,000 ($148.11/SF) 7.96% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

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.

Grand Creek Center OM 12.16.25 Compressed

PROPERTY FACTS Under Contract

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

47,262 SF

Building Class

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)

Bus Line

Pylon Sign

Signage

MAJOR TENANTS

Retailer
-
-
Jan 2016

Guitar Center is a company made up of musicians and music lovers. They're driven by their shared belief that music is the greatest unifying force in the world. And that idea fuels their mission to fill the world with music. To give people the tools they need to create and connect. To be seen and heard. And recently, to help and to heal. Music can stir the soul and change the frequency of the planet. So let's make some noise. Because the world needs to hear what you have to play. In 1959, as a world-changing, paradigm-shifting counterculture revolution was about to explode in America, Wayne Mitchell bought a small appliance and organ store in Hollywood, California. Seems like the end of the story, right? Not even close. Heading into the 21st century, The Guitar Center experienced incredible expansion. For example, in 1999, they purchased e-retailer Musician's Friend to offer a robust online option to musicians.

Retailer
-
-
May 2017

Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and their own Petco partners. Since their founding in 1965, they’ve been trailblazing new standards in pet care, delivering comprehensive wellness solutions through their products and services, and creating communities that deepen the pet-pet parent bond. Since its founding in 1999 as the Petco Foundation, Petco Love, an independent nonprofit organization, has empowered animal welfare organizations by investing in adoption and other lifesaving efforts.