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Retail Space Near Shopping Anchors

1000 Riverview Expressway #Unit 180, Wisconsin Rapids, WI 54494

For Sale
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The suite sits alongside Marshalls, Harbor Freight, 5 Below, and PetSmart in Wisconsin Rapids.

Property Size2,826 SF
Price / SF$1.38
Days on Market4

Property Features for 1000 Riverview Expressway #Unit 180

General Information

Standard status Active
Size 2,826 SF
Property subtype Commercial

Building Details

Building Size 2,826 SF
Year Built 1983
Listing Agency: Nexthome Partners
Listed By: Brian Spranger · License #8112694
Source: Coactionrealestate
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nexthome Partners

Rey
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Investment Insights

Based on property information with market context.

This 2,826-square-foot retail suite is located at 1000 Riverview Expressway, Unit 180, in Wisconsin Rapids. The building dates to 1983, and the space is scheduled to be available March 1, 2026.

Nearby retailers include Marshalls, Harbor Freight, 5 Below, and PetSmart.

Key Highlights

  • 2,826 square feet of retail space
  • Located beside Marshalls, Harbor Freight, 5 Below, and PetSmart
  • Building constructed in 1983

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,680 $403.7K
Cap Rate 7%
$288,343 $288.3K
Cap Rate 9%
$224,267 $224.3K
Market Conditions
NOI Build-Up for 2,826 SF
Gross rent
$32.2K $11.40/SF
− Vacancy
−$3.4K −$1.20/SF
EGI
$28.8K $10.20/SF
− OpEx
−$8.7K −$3.06/SF
NOI
$20.2K $7.14/SF
Area
Wood County, WI
Vacancy
10.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,680
Cap Rate 7%
$288,343
Cap Rate 9%
$224,267

Alternative Uses

Best Use
Retail
$288.3K
$252.3K – $336.4K (±1% cap)
NOI $20,184 @ 7.0% cap · market cap 519.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$548.2K
$479.7K – $639.6K (±1% cap)
NOI $38,377 @ 7.0% cap · market cap 987.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shoe Sensation Clothing & Fashion Store Ministry Medical Group ... Medical Group Crossview Church Church Light of Christ Church Church Wisconsin Rapids Hometown ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Restaurant Real Estate Agency Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby
273k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 27% Groceries 19% Apparel 12%
Kwik Trip Shops & Services
37,482 visits/mo 0.4 miles
Pick 'n Save Groceries
32,796 visits/mo 0.1 miles
McDonald's Dining
26,449 visits/mo 0.2 miles
Marshalls Apparel
20,317 visits/mo 0.0 miles
Aldi Groceries
18,132 visits/mo 0.3 miles

Demographics for 54494, WI

27,420
Population
13,110
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
95%
High-School Grad
125.3 sq mi
ZIP Area
219
Density / Sq Mi
$71,087
Median Household Income
$43,800
Median Earnings
$954
Median Rent
$170,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The suite sits alongside Marshalls, Harbor Freight, 5 Below, and PetSmart in Wisconsin Rapids.
Where is this retail space located?
The property is located at 1000 Riverview Expressway #Unit 180 Wisconsin Rapids, WI.
What are key features of this property?
This property features: 2,826 square feet of retail space; Located beside Marshalls, Harbor Freight, 5 Below, and PetSmart; Building constructed in 1983
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Includes: Price & PSF · Cap rate · Location · Zoning

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