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Property profile & analytics
FOR LEASE
Outlet malls

1578 Appleton Rd Menasha, WI 54952

80,494 SF 7.39 ac lot Built 1981
Entity Owned 4-yr Hold Free & Clear
Property ID
US92-0700266
Property summary
AI-generated overview

This exceptional 81,171-square-foot retail space, formerly a Shopko, presents a significant opportunity. Located in the Menasha Marketplace Shopping Center, this Class B building boasts high visibility from Highway 441 and convenient Interstate 47 access. The property features a spacious open floor plan, a 15,000-square-foot mezzanine, and freeway-visible pylon signage. Situated on a 7.39-acre lot (321,908.4 sq ft) with ample parking (704 spaces), it offers multiple ingress/egress points with dedicated turn lanes. The two-story building (built in 1981) includes two truck docks and benefits from high traffic counts exceeding 80,000 vehicles daily at the Midway Rd/Appleton Rd/HWY 441 intersection. The property's zoning is C1. Its prime location is adjacent to popular businesses like Starbucks, Burger King, and Subway, and is near the University of Wisconsin Oshkosh at Fox Cities campus. The building offers 20-foot clear height ceilings, 14-foot height to ceiling grid, and approximately 10-foot mezzanine height. Central air and heating are included. The lease is a NNN lease at $4 per square foot annually. The parcel number is 4-00779-07.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1981
Total area 80,494 SF
Lot 7.39 ac (321,747 SF)
Zoning code C1
APN 4-00779-07
UPID US92-0700266
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • higi Medical Clinic
  • Kevin Schultz Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$960k
Owner & transaction history
Interstate Ventures LLC · 4 yrs held
Interstate Ventures LLC
since 2021
Last sale
$925,000
2 recorded transactions
2021
Price N/A
2021
$925,000
Zoning & alternative use
C1 · Menasha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of C1 district is to accommodate a wide range of retail and commercial service and product establishments. It is also intended to accommodate the development of mixed land uses which will allow the association of commercial and residential land uses in the same zoning district.

Zone name General Commercial
General category COMMERCIAL
Zone area 430.89 ac
Source Realmo
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