Park Plaza presents an opportunity to acquire a 100% leased, 110,266-square-foot retail center anchored by national leaders Hobby Lobby and Ollie’s Bargain Outlet. The property’s 2026 NOI is projected at $802,004, supported by a seasoned tenant mix and no rollover risk in the near term. With a weighted average lease term of 6.1 years and an average tenant tenure of nearly 17 years, Park Plaza reflects exceptional income stability and tenant commitment. Ownership has completed key capital upgrades in 2024 and 2025, including resurfaced parking, LED lighting, and a redesigned pylon sign, further strengthening tenant retention and leasing leverage. Positioned along Manitowoc’s highest-traffic corridor with a strong mix of daily-needs co-tenancy, Park Plaza is a durable, low-management retail investment with built-in growth potential.