773-610-2977
2064 Lime Kiln Rd, Green Bay, WI for Sale
Retail - FOR SALE
1/4
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2064 Lime Kiln Rd
Green Bay, WI 54311
Bellevue


HIGHLIGHTS

  • Top Wisconsin Grocer Renewing Commitment to the Center
  • Target Shadow Anchor and Costco Proximity Provides Consistent Traffic
  • Below Market Rents Provide Mark-to-Market Opportunities:
  • Historic City with Consistent Tourist Traffic
  • Impressive Tenant Mix with Brand Recognition and Consistent Tenancy
  • Explosive Monroe Road Commercial Corridor Development Growth

OVERVIEW

Bellevue Town Center offers investors the opportunity to acquire a fully leased, grocery-anchored neighborhood center with durable in-place income and embedded NOI growth in an established retail corridor in Green Bay, WI. The Property is anchored by Pick ‘n Save, a Kroger-affiliated grocer with an approximately 24-year operating history at the center. The tenant is finalizing a 10-year lease extension through 2036, reinforcing long-term income stability and continued anchor tenancy. The Center benefits from below-market in-place shop rents, averaging $23.57 PSF compared to approximately $27.00 PSF for comparable product, providing a clear path to organic NOI growth through lease rollover. This mark-to-market opportunity is supported by strong corridor fundamentals, national co-tenancy, and consistent consumer traffic. Strategically positioned along Monroe Road and Lime Kiln Road, a dominant retail spine in the Green Bay market, the Property benefits from approximately 29,700 vehicles per day and is shadow-anchored by Target (1.6M annual visits) and within close proximity to Costco (2.7M annual visits), driving sustained customer flow and tenant demand. The offering combines stable, grocery-anchored cash flow, defensible tenancy, and measurable rent upside, supported by ongoing retail and employment growth within the surrounding trade area.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bellevue Town Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

425

LAND DETAILS

LAND ACRES

13.3 AC

LAND SF

579,348 SF

ZONING

PDD

APN/PARCEL ID

B-278-10

ASK ABOUT THIS PROPERTY

773-610-2977

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773-610-2977

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