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Strip Mall with Tenant Mix
For Sale
$4,650,000

940 Hansen Road, Ashwaubenon, WI 54304

Multi-tenant retail property with leases averaging 3–5 years.

Property SizeContact for details
Days on Market35

Property Features for 940 Hansen Road

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $45,960

Building Details

Tenancy Multi
Listing Agency: Besaw Properties, Ltd
Listed By: Tim Besaw · License #52657
Source: Exprealty
Added: Jul 29 Changed: Aug 31 Last Checked: Aug 31 at 7:28PM

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 Besaw Properties, Ltd

Investment Insights

Based on property information with market context.

This strip mall is a multi-tenant retail property at 940 Hansen Road in Ashwaubenon, Wisconsin. The center includes an established tenant mix, with lease terms averaging between 3 and 5 years across all leases.

The property is broker owned and offered for sale. Its Ashwaubenon address places the asset within the 54304 ZIP code.

Key Highlights

  • Lease terms average 3–5 years across all leases
  • Multi‑tenant strip mall with an established tenant mix
  • Broker‑owned property at 940 Hansen Road, Ashwaubenon, WI 54304

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Garden Center Storage Facility Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby
531k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Dining 36% Apparel 21% Groceries 3%
DICK'S Sporting Goods Apparel
79,056 visits/mo 0.5 miles
Hobby Lobby Shops & Services
57,754 visits/mo 0.5 miles
Kwik Trip Shops & Services
52,129 visits/mo 0.1 miles
Olive Garden Dining
36,687 visits/mo 0.2 miles
Jo-Ann Fabric and Craft Shops & Services
30,762 visits/mo 0.3 miles

Demographics for 54304, WI

27,679
Population
12,997
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,366
Density / Sq Mi
$60,369
Median Household Income
$38,926
Median Earnings
$935
Median Rent
$200,800
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?
Strip mall - Multi-tenant retail property with leases averaging 3–5 years.
Where is this strip mall located?
The property is located at 940 Hansen Road Ashwaubenon, WI.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Lease terms average 3–5 years across all leases; Multi‑tenant strip mall with an established tenant mix; Broker‑owned property at 940 Hansen Road, Ashwaubenon, WI 54304
More about this property
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