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Grocery-Anchored Neighborhood Retail Center
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2064 Lime Kiln Road, Green Bay, WI 54311

Fully leased, grocery-anchored center with a long-tenured Pick ’n Save and an extension through 2036.

Property Size74,220 SF
Days on Market57

Property Features for 2064 Lime Kiln Road

General Information

Standard status Active
Size 74,220 SF
Class B
Total Parking Spaces 557
Property subtype Retail
Zoning Planned Development District
Occupancy 100%
Investment Type Stabilized
Net Operating Income $1,083,743

Additional Details

Traffic Count 29,700 vehicles/day

Building Details

Year Built 2002
Buildings 1
Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Keegan Barrett · License #475190002
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Jul 30 at 4:37PM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

Bellevue Town Center is a fully leased, grocery-anchored neighborhood retail center anchored by Pick ’n Save, a Kroger-affiliated grocer. The anchor has an approximately 24-year operating history at the center, and the tenant is finalizing a 10-year lease extension through 2036 to reinforce long-term anchor tenancy. In-place shop rents average $23.57 PSF, which the offering materials note as below comparable product at approximately $27.00 PSF.

The center is strategically positioned along Monroe Road and Lime Kiln Road, described as a dominant retail spine in the Green Bay market. The property benefits from approximately 29,700 vehicles per day and is shadow-anchored by Target, with the remarks citing 1.6M annual visits. The center is also in close proximity to Costco, with the materials citing 2.7M annual visits.

For investors, the center’s grocery anchor and fully leased structure provide a stabilized platform supported by in-place occupancy and long-term anchor continuity. The in-place rent position described in the offering suggests a pathway for organic income improvement tied to lease rollover and tenant renewals, while the trade-area environment is presented as supporting consistent customer flow.

Key Highlights

  • Fully leased grocery‑anchored neighborhood center built in 2002 in Green Bay, WI
  • Anchored by Pick ’n Save with approximately 24 years of operating history at the center
  • Pick ’n Save finalizing a 10‑year lease extension through 2036 for long‑term anchor income stability

Property Analytics

Current Use

KrogerRoundysWisconsin0111 Electronics Vending Machine Panda House Restaurant Restaurant Mathnasium Tutoring Service Oilerie Green Bay Specialty Food Shop Pick 'n Save Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Auto Parts Store Furniture & Home Goods Electrical Service

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

29,700 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
168k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 22% Groceries 20% Electronics 2%
Kwik Trip Shops & Services
33,930 visits/mo 0.3 miles
Pick 'n Save Groceries
33,416 visits/mo 0.2 miles
Dollar Tree Shops & Services
21,584 visits/mo 0.1 miles
Family Dollar Shops & Services
11,480 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,954 visits/mo 0.4 miles

Demographics for 54311, WI

37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
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, 2064 Lime Kiln Rd, Green Bay, WI 54311
  • Hairology 2442 Landmark Blvd, Bellevue, WI 54311

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased, grocery-anchored center with a long-tenured Pick ’n Save and an extension through 2036.
Where is this shopping center located?
The property is located at 2064 Lime Kiln Road Green Bay, WI.
What are key features of this property?
This property features: Fully leased grocery‑anchored neighborhood center built in 2002 in Green Bay, WI; Anchored by Pick ’n Save with approximately 24 years of operating history at the center; Pick ’n Save finalizing a 10‑year lease extension through 2036 for long‑term anchor income stability
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