2064 Lime Kiln Road Green Bay, WI 54311

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.