Big Box Redevelopment Opportunity | Dark KMart
Medford, WI
Price: $2,500,000Cap Rate: N/ABuilding SF: 90,499 SFLot Size: 10.47 AcresYear Built: 1988/New Roof 2003Status: Available

Investment Highlights: 

Located Near Hard Corner Intersection – Excellent Visibility on Main Corridor – Multiple Entry Points Offer Easy In/Out Access  – The property is located near the hard corner signalized intersection of S. 8th Avenue (11,000 CPD) and WI-SR 64 (14,000 cars per day) with left-right turn access into the property via S. 8th Avenue, which is the main retail/commuter artery in/out of downtown Medford. The site offers entry from multiple driveways, allowing for easy in/out access to the property.

Located in Medford Plaza Shopping Center – Anchored by County Market Cooperative Grocery Store – The subject property is located in the Medford Plaza Center which is anchored by a County Market grocery store. County Market is a community retail supermarket serving the Medford and surrounding areas. It is part of the Medford Cooperative, a progressive cooperative with over 15,000 stockholders spanning 11 counties in North Central Wisconsin. Other co-tenants in the center include ACE Hardware, Associated Bank, Carl’s Jr, and McDonald’s, providing for excellent retail synergy and a strong draw to the Center.

Proximity to State Route 64 – Quick Access to Eau Claire & Wausau – Nearby National Retailers – The property is located just a block from WI-SR 64 for quick access to Wausau just 45 miles to the East, as well as Eau Claire only 78 miles to the West. This strategic location provides an excellent location for customers, deliveries, and shipping opportunities to access the property quickly and easily.

Home of Aspirus Medford Hospital – Award Winning Heart & Vascular Institute – Medford is home to the Aspirus Medford Hospital, a 25-bed, non-profit critical access hospital that is accredited by the Joint Commission. Aspirus Medford Hospital is a health care organization that operates a hospital, clinics, senior care facilities, and a skilled nursing care and rehabilitation facility in the Medford area. Featuring an extensive renovation done within the last 10 years, Memorial Health Center has been promoted to feature an Aspirus Heart and Vascular Institute. Aspirus Medford Hospital ranks among the TOP 100 Critical Access Hospitals in the nation as identified by iVantage Health Analytics. 

Located in the City of Medford – Industrial Hub in the Region – Daily Population Doubles with Workers & Shoppers – Home to Major Manufacturing Employers – The subject property is located in the city of Medford, in north-central Wisconsin. Medford is known as the industrial hub of the area with strong industrial and manufacturing sectors. These industries provide over 6,700 jobs in the city, doubling the city’s local population each day with an influx of office, retail and factory workers, government personnel, students and shoppers.
The Medford region is supported by strong healthcare, industrial, and manufacturing economies, with major employers in the area include Fastenal, Weather Shield Windows & Doors, Northern Lites Snowshoes, and Sierra Pacific Windows (formerly Hurd Windows).

 


Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977