Value-Add Retail Shopping
For Sale
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3424 Kohler Memorial Dr., Sheboygan, WI 53081
Shopping center anchored by Harbor Freight, Michaels, and Dunham's Sports with highway visibility and active occupancy.
Property Size100,050 SF
Price / SF$94.95
Days on Market94
Property Features for 3424 Kohler Memorial Dr.
General Information
Standard status
Active
Size
100,050 SF
Total Parking Spaces
400
Property subtype
Retail
Zoning
SC Suburban Commercial
Occupancy
93%
Investment Type
Value Add
Net Operating Income
$768,048
Building Details
Year Built
1966
Buildings
1
Tenancy
Multi
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Adam Connor · License #WI 69302-94
(414) 278-6838
Source:
Crexi
Added: Jul 13
Changed: Oct 1
Last Checked: Oct 12 at 6:05PM
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 Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
Memorial Plaza is a value-add retail shopping center totaling approximately 100,000 square feet and currently 93.62% occupied. The center is anchored by Harbor Freight, Michaels, and Dunham's Sports, supporting a durable tenant mix.
The property is located along one of Sheboygan’s primary retail corridors at 3424 Kohler Memorial Drive. It benefits from excellent visibility and access along Highway 23, with direct connectivity to Interstate 43.
This is a strong option for buyers seeking a retail asset with established anchors and ongoing tenant demand in a corridor-driven location.
The property is located along one of Sheboygan’s primary retail corridors at 3424 Kohler Memorial Drive. It benefits from excellent visibility and access along Highway 23, with direct connectivity to Interstate 43.
This is a strong option for buyers seeking a retail asset with established anchors and ongoing tenant demand in a corridor-driven location.
Key Highlights
- Memorial Plaza retail center totals approximately 100,000 SF
- Currently 93.62% occupied, providing in‑place income with occupancy upside
- Anchored by national tenants including Harbor Freight, Michaels, and Dunham's Sports
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
236k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 31%
Groceries 25%
Shops & Services 24%
Dining 16%
Meijer
Groceries
58,074 visits/mo
0.2 miles
Kohl's
Apparel
53,283 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
25,484 visits/mo
0.5 miles
McDonald's
Dining
19,335 visits/mo
0.1 miles
Ross Dress for Less
Apparel
13,367 visits/mo
0.5 miles
Demographics for 53081, WI
43,465
Population
20,121
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
23.3 sq mi
ZIP Area
1,865
Density / Sq Mi
$62,401
Median Household Income
$42,329
Median Earnings
$866
Median Rent
$169,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center anchored by Harbor Freight, Michaels, and Dunham's Sports with highway visibility and active occupancy.
Where is this shopping center located?
The property is located at 3424 Kohler Memorial Dr. Sheboygan, WI.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Memorial Plaza retail center totals approximately 100,000 SF; Currently 93.62% occupied, providing in‑place income with occupancy upside; Anchored by national tenants including Harbor Freight, Michaels, and Dunham's Sports
