Forest Mall Redevelopment
For Sale
Contact for pricing
835 W Johnson St, Fond du Lac, WI 54935
Land and retail space available in Forest Mall redevelopment.
Property Size61,100 SF
Lot Size4.70 Acres
Price / SF$61.37
Days on Market733
Property Features for 835 W Johnson St
General Information
Standard status
Active
Size
61,100 SF
Lot size
4.70 Acres
Property subtype
Retail
Lease Type
NNN
Listing Agency:
Mid America Real Estate Milwaukee
Listed By:
Mike Fitzgerald · License #WI 55552-94
(262) 613-3888
Source:
Crexi
Added: Oct 22, 2024
Changed: Oct 10
Last Checked: Oct 23 at 5:33AM
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 Mid America Real Estate Milwaukee
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents multiple opportunities to be part of the Forest Mall redevelopment, conveniently located right off the I-41 Johnson St. exit. It features anchor and junior anchor opportunities between a new regional grocer and Kohl's department store. There is new outparcel development on W. Johnson Street. Parcel opportunities on Peters Avenue range from 0.74 to 4.70 acres. The property is located at 835 W Johnson St, Fond du Lac, WI 54935 and has a property size of 61100 square feet.
Key Highlights
- Part of the Forest Mall Redevelopment Project
- Anchor and Junior Anchor Opportunities Available
- Convenient Location Right Off I‑41 Johnson St. Exit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$275,343
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,506,860
$5.5M
Cap Rate 7%
$3,933,471
$3.9M
Cap Rate 9%
$3,059,367
$3.1M
Market Conditions
NOI Build-Up for 61,100 SF
Gross rent
$410.6K $6.72/SF
− Vacancy
−$17.2K −$0.28/SF
EGI
$393.3K $6.44/SF
− OpEx
−$118.0K −$1.93/SF
NOI
$275.3K $4.51/SF
Area
Fond du Lac County, WI
Vacancy
4.20%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,506,860
Cap Rate 7%
$3,933,471
Cap Rate 9%
$3,059,367
Alternative Uses
Best Use
Retail
$3.93M
$3.44M – $4.59M
NOI $275,343 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$58.88M
$51.52M – $68.69M
NOI $4,121,318 @ 7.0% cap · market cap 109.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
634k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 29%
Superstores 27%
Dining 20%
Apparel 14%
Walmart
Superstores
97,951 visits/mo
0.3 miles
Target
Superstores
74,100 visits/mo
0.4 miles
Kwik Trip
Shops & Services
47,506 visits/mo
0.3 miles
Kohl's
Apparel
44,478 visits/mo
0.1 miles
T.J. Maxx
Apparel
42,464 visits/mo
0.1 miles
Demographics for 54935, WI
42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — Roundy's Inc, 760 W Johnson St, Fond du Lac, WI 54935
Frequently Asked Questions
What type of property is this?
Shopping center - Land and retail space available in Forest Mall redevelopment.
Where is this shopping center located?
The property is located at 835 W Johnson St Fond du Lac, WI.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Part of the Forest Mall Redevelopment Project; Anchor and Junior Anchor Opportunities Available; Convenient Location Right Off I‑41 Johnson St. Exit
