Marcus & Millichap is pleased to present the Shops off Broadway in Menomonie, Wisconsin. The Shops off Broadway is a fully stabilized investment being offered at 93 percent occupancy. There is one vacant space, however the landlord has an LOI from a national tenant for the space. Thus, a future investor is strategically capturing the upside in the new lease by securing favorable terms that are not yet factored into the property’s current valuation, strategically positioning themselves to immediately benefit from the net operating income injection from the new tenant. The addition of the prospective national tenant significantly enhances the value of the investment, creating the opportunity for a purchaser to capture the incremental value in the form of a future sale or a refinance at the increased value. Shops off Broadway is a 129,000 square foot neighborhood center that sits on more than 8 acres in the heart of the Interstate 94 exit corridor. The corridor is home to a large Fleet Farm, Marketplace Foods, Slumberland Furniture, Marshalls, multiple hotels and car dealerships, and several quick service and fast-food restaurants that drive the traffic to this area. The center shadow anchors a McDonald’s, Starbucks and Taco Bell and is adjacent to Walgreens, Arby’s and Wendy’s. There is a Walmart Supercenter positioned on the north side of Interstate 94, which is in the top 46th percentile in the country in terms of number of annual visits. There is also a large Walmart distribution facility on the northeast side of town, which was 1 of the 25 distribution facilities chosen by Walmart to renovate with automated technologies to modernize its supply chain network. The University of Wisconsin-Stout campus is located less than two miles away and is home to more than 6,900 students. The campus is 124 acres with 25 major academic buildings, 9 residence halls, and 245 laboratories.