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Retail Space with Custom Buildout
For Lease
$19 SF/Yr

1520 Elm Street, Wausau, WI 54401

New retail space offers customizable buildout within the Bantr complex.

Space SizeContact for details
Property Size5,736 SF
Days on Market906

Property Features for 1520 Elm Street

General Information

Standard status Active
Size 5,736 SF
Lease Type /mo

Additional Details

Corner Location Yes

Amenities

View of Rib Mountain

Building Details

Building Size 5,736 SF
Listing Agency: Nai Pfefferle
Listed By: Anthony Morice · License #8991794
Source: Northwoodswi
Added: Feb 9, 2024 Changed: Aug 3 Last Checked: Aug 3 at 4:00AM

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 Nai Pfefferle

Investment Insights

Based on property information with market context.

This new retail space is available for tenant-directed buildout, allowing the interior to be configured for the selected retail concept. The owner prefers leasing the full premises, while a divided arrangement may also be considered subject to agreed terms.

The space occupies a corner at 17th Avenue and Elm Street within the new Bantr complex, which includes more than 100 residents. It is situated beneath The Velveteen Plum rooftop restaurant and offers views of Rib Mountain, adding established activity and a recognizable destination within the surrounding project.

Key Highlights

  • Customizable interior buildout for the selected retail concept
  • Located within the new Bantr complex with over 100 residents
  • Corner position at 17th Avenue and Elm Street

Property Analytics

Current Use

The Velveteen Plum Restaurant bantr Apartment Building

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store HVAC Service Auto Parts Store Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 54401, WI

31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value

Market

Lease Benchmarks for Wausau, WI

$14.24 /SF/Yr
Avg Asking Price
$10–$19 /SF/Yr
Price Range
2,446 SF
Avg Space Size

This space is priced 33% above the average of $14.24 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New retail space offers customizable buildout within the Bantr complex.
Where is this retail space located?
The property is located at 1520 Elm Street Wausau, WI.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Customizable interior buildout for the selected retail concept; Located within the new Bantr complex with over 100 residents; Corner position at 17th Avenue and Elm Street
More about this property
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