Grocery-Anchored Shopping
For Sale
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N81W15066 Appleton Ave, Menomonee Falls, WI 53051
Remodeled retail center with a major grocery tenant and a mix of daily-needs retailers and services.
Property Size87,452 SF
Days on Market142
Property Features for N81W15066 Appleton Ave
General Information
Standard status
Active
Size
87,452 SF
Property subtype
Retail
Additional Details
Asking Price
$7,900,000
Anchor Co-Tenants
Piggly Wiggly
Building Details
Year Renovated
2022
Tenancy
Multi
Listing Agency:
Newmark - Milwaukee
(414) 347-9400
Listed By:
Brian Vanevenhoven · License #WI 52951
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 8:10AM
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 Newmark - Milwaukee
Investment Insights
Based on property information with market context.
This 87,452-square-foot shopping center in Menomonee Falls is anchored by a 45,624-square-foot Piggly Wiggly grocery store. The center’s full façade was renovated in 2022, including updated tenant storefronts and signage. Piggly Wiggly has 11 years of term remaining, while Orthodontic Experts, Lumber Liquidators, and Dynamite Dance represent recent additions to the tenant roster.
The property is positioned along Appleton Avenue, an arterial roadway serving Menomonee Falls. Its tenant mix includes grocery, retail, and service-oriented businesses that address routine needs of nearby residents. Several occupants have maintained long-term tenancies at the center.
The property is positioned along Appleton Avenue, an arterial roadway serving Menomonee Falls. Its tenant mix includes grocery, retail, and service-oriented businesses that address routine needs of nearby residents. Several occupants have maintained long-term tenancies at the center.
Key Highlights
- 87,452‑square‑foot shopping center anchored by Piggly Wiggly
- Piggly Wiggly occupies 45,624 square feet with 11 years of term remaining
- Shopping center façade, tenant storefronts, and signage renovated in 2022
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
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 - Remodeled retail center with a major grocery tenant and a mix of daily-needs retailers and services.
Where is this shopping center located?
The property is located at N81W15066 Appleton Ave Menomonee Falls, WI.
What are key features of this property?
This property features: 87,452‑square‑foot shopping center anchored by Piggly Wiggly; Piggly Wiggly occupies 45,624 square feet with 11 years of term remaining; Shopping center façade, tenant storefronts, and signage renovated in 2022
