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Community Shopping Center with Outparcels
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1140 S 30th St, Manitowoc, WI 54220

Three-building retail property with full occupancy and multiple access points.

Property Size110,266 SF
Price / SF$86.25
Days on Market74

Property Features for 1140 S 30th St

General Information

Standard status Active
Size 110,266 SF
Total Parking Spaces 554
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $784,655

Site & Location

Anchor Co-Tenants Hobby Lobby
Traffic Count 17,170 vehicles/day
Road Access Yes

Building Details

Year Built 1990
Buildings 3
Tenancy Multi
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Jun 18 Changed: Aug 29 Last Checked: Aug 29 at 4:26PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This 110,266-square-foot community shopping center comprises three separate buildings: a freestanding Hobby Lobby, a two-tenant outparcel strip, and a 60,000-square-foot neighborhood center. Hobby Lobby occupies 41% of the gross leasable area and has been part of the property since 2005, with a recent 10-year renewal. The 4,831-square-foot outparcel building adds a compact two-tenant component with strong street exposure.

The property is positioned along Route 42, a retail corridor and arterial connecting downtown Manitowoc with I-43. The site includes a signalized intersection and multiple access points. Occupancy is reported at 100%, while 60% of tenants have remained in place for 20+ years. Built in 1990, the center combines a large neighborhood retail component, an established anchor, and separate outparcel space within one shopping center.

Key Highlights

  • 110,266‑square‑foot community shopping center with 100% occupancy
  • Three‑building layout includes a freestanding Hobby Lobby and 60,000‑square‑foot neighborhood center
  • Hobby Lobby represents 41% of GLA and has occupied the property since 2005

Property Analytics

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Real Estate Agency Daycare Center Dental Office

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

Lease Details

17,170 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Dining 29% Groceries 16% Home Improvements & Furnishings 8%
Pick 'n Save Groceries
26,097 visits/mo 0.3 miles
McDonald's Dining
24,800 visits/mo 0.5 miles
Hobby Lobby Shops & Services
24,350 visits/mo 0.1 miles
Harbor Freight Tools Home Improvements & Furnishings
13,436 visits/mo 0.5 miles
Kwik Trip Shops & Services
12,692 visits/mo 0.5 miles

Demographics for 54220, WI

40,737
Population
18,942
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
91%
High-School Grad
98.7 sq mi
ZIP Area
413
Density / Sq Mi
$65,188
Median Household Income
$40,791
Median Earnings
$790
Median Rent
$159,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk - Bitcoin ATM Roundy's Inc, 3300 Calumet Ave, Manitowoc, WI 54220

Frequently Asked Questions

What type of property is this?
Shopping center - Three-building retail property with full occupancy and multiple access points.
Where is this shopping center located?
The property is located at 1140 S 30th St Manitowoc, WI.
What is the asking price?
The asking price for this property is $9,510,000.
What are key features of this property?
This property features: 110,266‑square‑foot community shopping center with 100% occupancy; Three‑building layout includes a freestanding Hobby Lobby and 60,000‑square‑foot neighborhood center; Hobby Lobby represents 41% of GLA and has occupied the property since 2005
More about this property
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