170-190 Medford Plz
Medford, WI 54451

Lee & Associates is pleased to exclusively represent Medford Plaza Shopping Center, an approximately 156,000-square foot multi-tenant retail center located in Medford, WI. The offering represents a huge value-add opportunity to redevelop the vacant KMart part of the center (86,479 SF) and benefit from the lease-up. The property is grocery-anchored by County Market, with co-tenants including Cost Cutters, Manpower Staffing, and Associated Bank, as well as Ace Hardware, McDonald's, and Hardee's (not a part). 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. County Market has operated successfully at this location since 1989. They have 6+ years remaining on their lease and completed a 7,500 SF expansion at their own cost several years ago, showing a commitment to this location. The tenants in the center have long operating histories at this location: Manpower Staffing has been operating here for 19 years; Cost Cutters has been in operation here for 15 years; County Market has operated at this location for nearly 29 years and has (3) 5-year options to renew. The subject property is strategically located across from Medford Middle School with 600 students, offering a strong consumer draw to the center. Additionally,the property is located near the hard corner signalized intersection of S. 8th Avenue 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. This location offers excellent retail synergy with nearby neighbors including McDonald’s, Family Dollar, Hardee’s, Forward Financial Bank, Subway, KFC, and Walmart Supercenter. 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. Major Manufacturing employers in the area include Fastenal, Weather Shield Windows & Doors, Northern Lites Snowshoes, and Sierra Pacific Windows (formerly Hurd Windows). The area is home to the Memorial Health Center, which is an award-winning Level III Trauma Center.