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Kohl's 9404 State Road 16 86,432 SF Retail Building Onalaska, WI 54650 $7,500,000 ($86.77/SF) 7.75% Cap Rate
Investment Highlights
- Corporately Guaranteed Lease with Minimal Landlord Responsibilities
- Excellent Foot Traffic Kohl’s ranks in the top 12% of Wisconsin Kohl’s stores and top 8% across the brand nationally for foot traffic (Placer.ai)
- Strong Traffic Counts & Access: Situated along State Rd 16 and immediately south of Interstate 90. Over 61,500 VPD.
- Established and Proven Location: Kohl’s has operated at this location since December 1993.
- Retail Center of Gravity Kohl’s is ideally situated within the dominant La Crosse-Onalaska retail corridor along State Road 16:
- Powerful Area Demographics | La Crosse-Onalaska MSA
Executive Summary
The property is strategically positioned in the heart of the La Crosse–Onalaska retail corridor, the largest shopping district within a nine-county area, attracting shoppers from up to 50 miles away. The corridor is anchored by Valley View Mall and complemented by a dense roster of national retailers, including Target, Walmart, Sam’s Club, The Home Depot, Best Buy, Hobby Lobby, T.J. Maxx, and Dick’s Sporting Goods. The site benefits from excellent visibility along State Road 16, immediate proximity to Interstate 90, and combined daily traffic counts exceeding 61,500 vehicles.
Property Facts
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 8,642 SF
- -
- Double Net
- Jan 2032
Kohl's began in Wisconsin with a department store that opened in Brookfield in 1962, growing out of the broader Kohl family retail business in the Milwaukee area. The company operates as an omnichannel retailer with a national store network, an online store, and a mobile app that support shopping across stores and digital channels. Kohl's merchandise mix spans apparel, footwear, accessories, home essentials, beauty, and family-focused categories, including branded offerings and shop-in-shop experiences such as Sephora at Kohl's and Babies"R"Us at Kohl's. Kohl's also maintains a long-running community focus through Kohl's Cares and related philanthropy programs that support families and local organizations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 8,642 SF | - | Double Net | Jan 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 018-003578-005 | Improvements Assessment | $5,417,000 |
| Land Assessment | $2,684,400 | Total Assessment | $8,101,400 |
Property Taxes
