2910 Roosevelt Rd Marinette, WI 54143
This exceptional Class A, 13,925-square-foot shopping center in Marinette, WI, presents a compelling investment opportunity. Boasting 100% occupancy and a diverse tenant mix including AT&T, GameStop, Cost Cutters, Shopko Optical, Cosmo Prof, Vapor Land, and Vivid Nails, this seven-unit center generates a strong NOI of $296,969, representing a 7.33% cap rate on the $4,050,000 asking price. Strategically located as a Walmart outlot, the property benefits from over 2.6 million annual Walmart customer visits, driving significant foot traffic. The 1.4-acre site features 93 parking spaces and excellent visibility from Roosevelt Road, with pylon signage and convenient access. The property's prime location, just 0.6 miles south of US Hwy 41 and two miles west of Lake Michigan, serves a vibrant community with strong demographics: 35,500 residents, 16,177 households, and an average household income of $78,525 within a fifteen-mile radius. Built in 2012, this single-story building offers a 75-foot bay depth and is zoned for commercial use. The property's strong tenant lineup, high occupancy, and prime location make it an attractive investment opportunity with significant potential for future growth. The property's APN is 251-00622.009.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.