Retail Space
1151 Midway Rd Menasha, WI 54952
Details & Description
Price: $5,336,000
    Virtue Investment Group, is pleased to present the Exclusive Listing of Piggly Wiggly located in Menasha, WI. The property is being offered as an Absolute NNN Single Tenant Net-Lease Investment Property. The property is owned and operated by Piggly Wiggly Midwest, LLC (formerly Fresh Brands, LLC) who also guarantees the entire 68,485 SF of the property. Dollar Tree subleases 10,199 SF from Piggly Wiggly and have been in this location since 2011.The property is a 68,485 square foot masonry building on 7.0 acres which was completed in 1999. The building has a timeless design, a masonry exterior, and was built to be flexible for future uses with 5 docks, 312 parking spaces, multiple storefronts. It is very visible from the signalized intersection of East Midway Road and Appleton Road exposure to over 30,000 vehicles per day. It serves the neighborhood well with 9,064 people within a one-mile radius, and nearly 160,000 residents within five miles according to the 2010 census.Piggly Wiggly has been successful in this location since 2003 and has 11+ years remaining with an additional (5) 5-Year Options. The rent-to-sales ratio is very low and is further improved by the sublease to Dollar Tree. Dollar Tree is a source of additional retail traffic to the center and reflects well on the center as one of the nation’s largest retailers. Dollar Tree benefits from below-market rent and the daily traffic to the grocery store which significantly decreases the probability of their relocation.
    Additional Photos
    Listing Agents
    Jeremy Osting

    O: 262-222-1040
    M: 262-682-1040
    josting@virtueinvestmentgroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1151 Midway Rd

    Menasha, WI 54952

    Listing ID: 186653
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    Building Size: 68,485 SF
    Lot Size: 7.000 AC
    Land Size: 304,920 SF
    Building $/SF: $77.91
    Land $/SF: $17.50
    Price
    $5,336,000
    Description
    Virtue Investment Group, is pleased to present the Exclusive Listing of Piggly Wiggly located in Menasha, WI. The property is being offered as an Absolute NNN Single Tenant Net-Lease Investment Property. The property is owned and operated by Piggly Wiggly Midwest, LLC (formerly Fresh Brands, LLC) who also guarantees the entire 68,485 SF of the property. Dollar Tree subleases 10,199 SF from Piggly Wiggly and have been in this location since 2011.

    The property is a 68,485 square foot masonry building on 7.0 acres which was completed in 1999. The building has a timeless design, a masonry exterior, and was built to be flexible for future uses with 5 docks, 312 parking spaces, multiple storefronts. It is very visible from the signalized intersection of East Midway Road and Appleton Road exposure to over 30,000 vehicles per day. It serves the neighborhood well with 9,064 people within a one-mile radius, and nearly 160,000 residents within five miles according to the 2010 census.

    Piggly Wiggly has been successful in this location since 2003 and has 11+ years remaining with an additional (5) 5-Year Options. The rent-to-sales ratio is very low and is further improved by the sublease to Dollar Tree. Dollar Tree is a source of additional retail traffic to the center and reflects well on the center as one of the nation’s largest retailers. Dollar Tree benefits from below-market rent and the daily traffic to the grocery store which significantly decreases the probability of their relocation.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Green Bay History of Retail Space for Sale

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    Menasha Area Market Trends

    Listing Demographics for 1151 Midway Rd Menasha, WI 54952

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,93465,863148,207
    Population Median Age403838
    Population by Age0-9 Yrs1139 (12%)8489 (12%)19132 (12%)
    10-19 Yrs955 (10%)8467 (12%)19039 (12%)
    20-29 Yrs1311 (14%)9850 (14%)20164 (13%)
    30-39 Yrs1153 (12%)9390 (14%)20899 (14%)
    40-49 Yrs947 (10%)7548 (11%)17421 (11%)
    50-59 Yrs1091 (12%)9415 (14%)21796 (14%)
    60-69 Yrs1113 (12%)6850 (10%)15708 (10%)
    70+ Yrs1225 (13%)5853 (8%)14049 (9%)
    Median HH Income$48,725$53,040$57,082
    Total Household Income< 24K832 (20%)5647 (20%)11376 (18%)
    25-49K1249 (30%)7528 (27%)15620 (25%)
    50-74K800 (19%)5395 (19%)11998 (19%)
    75-99K532 (13%)3662 (13%)8536 (13%)
    100-199K573 (14%)4549 (16%)11265 (18%)
    200K+68 (1%)974 (3%)2580 (4%)
    Highest Education LevelNo Diploma59234687301
    Diploma or GED25201418830409
    Some College1455993222082
    Assoc. Degree633495511445
    Bachelors Degree929812320484
    Higher Degree16733008603
    Total Housing Units4,21229,22364,131
    --Owner-Occupied2,29116,95939,207
    --Renter-Occupied1,76210,79622,168
    Owner-Occupied Values< 100K35337066940
    100-199K1751982523006
    200-299K16123336213
    300-399K175491367
    400-499K1199599
    500K+83491081
    Total Working Age Population7,31352,307117,325
    In Work Force4,72436,31380,888
    Not In Work Force2,59015,99436,438
    Workforce Employed4,54134,87678,077
    Workforce Unemployed1831,4332,801
    Civlian Workforce4,72436,30980,878
    Military Workforce0510
    Total Households4,05327,75561,375
    Family Households2,29316,45137,760
    Non-Family Households1,76011,30423,615
    Married Couple1,77612,46229,081
    Other Family5183,9898,679
    Married w/Child6725,03212,311
    Single Male w/Child1005741,255
    Single Female w/Child1682,0043,960

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Wisconsin5,363,675+65,686,986+66,005,080+66,375,910
    Calumet County40,631+2148,971+1154,555+1261,255
    Outagamie County160,971+10176,695+8191,635+9208,730
    Winnebago County156,763+7166,994+6177,050+7188,680

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1151 Midway Rd in Menasha?
    The asking price for 1151 Midway Rd is $5,336,000
    What is the building size of this Retail property in Menasha, WI?
    The size of the building/unit at 1151 Midway Rd in Menasha is 68,485 square feet
    How much land does the Menasha, WI property at 1151 Midway Rd include?
    1151 Midway Rd in Menasha includes 7.000 acres of land
    What is the population within 1 mile of 1151 Midway Rd in Menasha?
    The population within 1 mile of 1151 Midway Rd Menasha, WI 54952 is 8,934 people.
    Who do I contact for questions about 1151 Midway Rd?
    You should contact the listing agent, Jeremy Osting, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Austin Straubel International Airport (GRB) 23
    Dane County Regional Truax Field (MSN) 88
    General Mitchell International Airport (MKE) 92