Remodeled Shopping Center with Grocery
For Lease
$17.50 SF/Yr
N81 W15180 Appleton Avenue, Menomonee Falls, WI 53051
Grocery-anchored shopping center with remodeled facade and long-term tenants.
Space Size936 SF - 1,123 SF
Days on Market324
Property Features for N81 W15180 Appleton Avenue
General Information
Standard status
Active
Size
936 SF - 1,123 SF
Property subtype
Retail
Spaces For Lease
at N81 W15180 Appleton Avenue Contact usSuite 10 Available
Size
1,123 SF
Lease Rate: $17.50 PSF approx. NNN: $3.16 PSF approx.
Contact us Suite 12 Available
Size
936 SF
Lease Rate: $17.50 PSF approx. NNN: $3.16 PSF approx.
Contact us
Listing Agency:
CBRE - Milwaukee
Listed By:
Kurt Klapperich · License #3035090
(414) 274-1616
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 11
Last Checked: Oct 11 at 5:36AM
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 CBRE - Milwaukee
Investment Insights
Based on property information with market context.
Falls Plaza is a recently remodeled 87,452 square foot shopping center anchored by Piggly Wiggly. The shopping center is located on Appleton Avenue in Menomonee Falls, a roadway with significant daily traffic. The tenants within the shopping center cater to the daily needs of area residents. The entire facade of the shopping center was remodeled in 2022, improving the appearance of the shopping center and the facades and signage for the tenants. Piggly Wiggly anchors the shopping center with 45,624 square feet and has 11 years of term remaining. Orthodontic Experts and Dynamite Dance are three recent additions. Several of the tenants have a long history of tenancy.
Key Highlights
- Anchored by Piggly Wiggly (45,624 SF) with 11 years of term remaining.
- Recently remodeled facade (2022) significantly improves appearance.
- Located on Appleton Ave, a high‑traffic arterial roadway.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53051, WI
38,562
Population
16,972
Households
2.3
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
33.3 sq mi
ZIP Area
1,158
Density / Sq Mi
$98,423
Median Household Income
$60,331
Median Earnings
$1,257
Median Rent
$341,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center with remodeled facade and long-term tenants.
Where is this shopping center located?
The property is located at N81 W15180 Appleton Avenue Menomonee Falls, WI.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Anchored by Piggly Wiggly (45,624 SF) with 11 years of term remaining.; Recently remodeled facade (2022) significantly improves appearance.; Located on Appleton Ave, a high‑traffic arterial roadway.
