Above Grade Properties, LLC Acquires Retail Center In Wisconsin Rapids For $3.1M

The retail asset located at 4551 8th Street South in Wisconsin Rapids, WI, encompasses a total of 16,620 square feet. This fully leased property recently transacted for a price of $3,100,000, translating to a price per square foot of $187. The center features seven tenants and is strategically shadow-anchored by Walmart, which enhances its visibility and marketability in the area.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,100,000
• Sale Date: 03/31/2026
• Buyer: Above Grade Properties, LLC
• Seller: Rapids Plaza, LLC
• Broker Representatives: Jeff R. Rowlett & John Sfire - Marcus & Millichap
• Square Footage: 16,620
• Price Per Square Foot: $187

In this transaction, Above Grade Properties, LLC acted as the buyer, while Rapids Plaza, LLC was the seller. The deal was facilitated by brokers Jeff R. Rowlett and John Sfire representing Marcus & Millichap, highlighting the collaborative effort behind this retail property transaction.