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    16815-16899 Appleton Ave Menomonee Falls, WI 53051

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    For Sale
    $6,200,000

    Single tenant retail property in Menomonee Falls, Wisconsin.

    Property size:
    29,050 SF
    Lot size:
    1.81 Acres

    Property Features for 16815-16899 Appleton Ave

    General Information

    Size
    29,050 SF
    Lot size
    1.81 Acres

    Source: CBRE, Inc. Agent Sandy Golden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Menomonee Falls Retail Opportunity

    This 29,050 square-foot single-tenant retail property is located in the Village of Menomonee Falls, Wisconsin. Constructed in 2017 as a build-to-suit for Fresh Thyme Market, the property has nine years of lease term remaining. Fresh Thyme Market was founded in 2012 and had 71 locations across 10 midwestern states. They are backed by an investment from Meijer Companies Ltd. The tenant has gone dark but continues to pay rent. An owner occupant opportunity exists as Fresh Thyme Market would consider a buyout subject to a to-be-determined buyout figure.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.0812383
    Latitude
    43.1527258

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    FAQs

    What type of property is this?
    Grocery and convenience store - Single tenant retail property in Menomonee Falls, Wisconsin.
    Where is this grocery and convenience store located?
    The property is located at 16815-16899 Appleton Ave Menomonee Falls, WI.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Single tenant property with a remaining lease term of nine years.; - Opportunity for owner occupancy exists with a potential buyout from Fresh Thyme Market.; - **29,050 square-foot building.**
    (414) 274-1639
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    16815-16899 Appleton Ave Menomonee Falls, WI 53051
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16815-16899 Appleton Ave Menomonee Falls, WI 53051
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