Contacts
Dan Rosenfeld
Mid-America
Property Details
- Property Type Retail - Street Retail
- Property Size 11,840 SF
- Units 10
- Lot Size 0.91 Acre
- Property Tenancy Multi-Tenant
- Year Built 2005
- Date Updated May 22, 2026
Monarch Court is a rare investment opportunity directly adjacent to Beaver Dam’s premier shopping destination, Heritage Village Mall. The 12,613 SF multi-tenant property features ten suites ranging from 100 to 3,634 SF, anchored by high-visibility service and wellness users. In-place gross rents average ~$17.00 PSF, substantially below area NNN comparables of $16–$20 PSF, creating immediate mark-to-market upside as leases roll. The property benefits from excellent frontage on N Spring Street (18,500 VPD) with shared ingress/egress to US-151 and heavy regional traffic. Recent capital improvements include a new roof and gutter system installed in 2024, minimizing near-term CapEx requirements. With stable occupancy, flexible suite layouts, and built-in co-tenancy draw from national anchors at the adjacent mall, Monarch Court offers a turnkey retail investment with clear paths to income growth.
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Highlights
- High-Impact Visibility: Frontage on North Spring Street (18,500 VPD) with seamless access to US-151, capturing both local customers and regional draw.
- Immediate Upside: In-place gross rents average ~$17 PSF, significantly below comparable NNN rates of $16–$20 PSF, offering compelling mark-to-market opportunities.
- Prime Co-Tenancy: Situated directly adjacent to Heritage Village Mall—Beaver Dam’s leading retail destination—delivering unmatched shopper traffic and brand synergy.
- Turnkey Condition: New roof and gutter system installed in 2024, ensuring long-term weather protection and minimizing near-term capital expenditures.
- Versatile Retail Platform: 12,613 SF across ten thoughtfully configured suites (100–3,634 SF), ideal for service providers, wellness concepts, financial services, and flex users.
Getting around
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47/100
Walk Score ®
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42/100
Bike Score ®
Powered by Walk Score ®
Location
- City Beaver Dam, WI
- Zip Code 53916
Points of Interest
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Mobil
0.37 miles
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Kwik Trip
0.69 miles
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Shell
1.44 miles
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Citgo
1.45 miles
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Cenex
1.81 miles
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BP
6.66 miles
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McDonald's
0.06 miles
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IHOP
0.24 miles
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Pizza Hut
0.25 miles
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Culver's
0.29 miles
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Ponderosa Steakhouse
0.34 miles
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Subway
0.44 miles
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Dairy Queen
0.84 miles
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Arby's
1.03 miles
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Pickard Dining Hall
1.32 miles
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Annabelle's Ice Cream Parlor
1.71 miles
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Heritage Village
0.13 miles
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Walmart Supercenter
1.05 miles
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Walmart
1.29 miles
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Piggly Wiggly
1.37 miles
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Old Time Food Store
9.78 miles
Contact Listing Broker
Dan Rosenfeld
Mid-America
