Listing Agency: CBRE, Inc. p***@cbre.com Show Phone

Listed By: Peter Glaser Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 19 Last Checked: Aug 21 at 8:58AM

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Investment Insights

Based on property information with market context.

Located at 2121-2183 Lincoln Street, Rhinelander, WI 54501, a 1,600 square foot retail space will be available starting 5/1/2026. The location is within Lincoln Plaza, anchored by Walmart. This Walmart location ranks 27th in traffic out of 86 stores in Wisconsin, with approximately 2.3 million visits in 2024. It is the only Walmart within a 23-mile radius. Rhinelander features the highest concentration of major retailers within a one-hour drive. The zoning is B3 - General Business. The NNN expense is $4.94 per square foot, broken down as follows: CAM $2.95, TAX $1.39, and INS $0.60. All of the major shopping centers in this market are at or close to 100% occupancy.

Key Highlights

• High‑volume Walmart anchor with 2.3 million visits in 2024, ranked 27th out of 86 stores in Wisconsin.
• Only Walmart within a 23‑mile radius.
• Rhinelander has the highest concentration of major retailers within a one‑hour drive.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Storage Facility Garden Center Kitchen & Bath Showroom HVAC Service Skin Care Clinic

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

$2.95 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

474

Businesses Nearby

289k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 27% Superstores 25% Dining 21% Home Improvements & Furnishings 9%

Walmart Superstores

72,622 visits/mo 0.1 miles

Kwik Trip Shops & Services

34,881 visits/mo 0.1 miles

Hobby Lobby Shops & Services

22,986 visits/mo 0.3 miles

Aldi Groceries

20,787 visits/mo 0.5 miles

The Home Depot Home Improvements & Furnishings

17,453 visits/mo 0.5 miles

Demographics for 54501, WI

20,591

Population

12,754

Households

1.6

Avg Household Size

48

Median Age

26%

College-Educated

96%

High-School Grad

366.3 sq mi

ZIP Area

56

Density / Sq Mi

$68,602

Median Household Income

$37,578

Median Earnings

$831

Median Rent

$194,900

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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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available in Rhinelander's dominant shopping center.

Where is this retail space located?

The property is located at 2183 Lincoln Street Rhinelander, WI.

What are key features of this property?

This property features: High‑volume Walmart anchor with 2.3 million visits in 2024, ranked 27th out of 86 stores in Wisconsin.; Only Walmart within a 23‑mile radius.; Rhinelander has the highest concentration of major retailers within a one‑hour drive.