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N89W16849 Appleton Ave
Menomonee Falls, WI 53051
Fresh Thyme Farmers Market · Retail Property For Sale
Investment Highlights
- Located within one of SE Wisconsin’s fastest growing communities
- Proximity to major employers
- Full access onto the Appleton Ave commercial corridor
- Owner occupant opportunity
Executive Summary
Fresh Thyme Market is located in the heart of the Village of Menomonee Falls, Wisconsin. The Village offers a small-town charm while providing outstanding amenities and easy access to downtown Milwaukee and surrounding communities. The shopping center is situated along a main commercial thoroughfare and within the residential community. The shopping center offers full access onto Appleton Avenue and prominent Monument Signage. Menomonee Falls has a thriving local economy, driving continued growth. It was voted the Safest City in Wisconsin with over 25,000 residents according to Areavibes.com (2022), the 15th Best Place to Live in America by Money Magazine (2020) and a top 50 Best Small City in America by Wallehub.com (2022). It is home to Kohl’s Department Store headquarters, Froedtert Health, Harley Davidson, Milwaukee Tool, Glen Roy and many more employers offering steady job growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
29,050 SF
Building Class
B
Year Built
2017
Price
$6,200,000
Price Per SF
$213.43
Cap Rate
7.03%
NOI
$435,750
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
2.09 AC
Zoning
C-2
Frontage
189’ on Appelton Ave
Amenities
- Signage
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | MNFV-0011-065-009 | Improvements Assessment | $3,959,900 |
| Land Assessment | $590,300 | Total Assessment | $4,550,200 |
Property Taxes
Parcel Number
MNFV-0011-065-009
Land Assessment
$590,300
Improvements Assessment
$3,959,900
Total Assessment
$4,550,200
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