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302-310 S Grand Ave
Sun Prairie, WI 53590
The Market Place at Sun Prairie · Retail Property For Sale
·
14,974 SF Total


Investment Highlights
- Attractive Rent Increases
- Strategic Retail Location
- Strong Demographics
- Minimal Landlord Responsibilities
- Madison, WI MSA
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in Market Place at Sun Prairie located at 302-338 S Grand Avenue in Sun Prairie, Wisconsin (the “Property”). The seven-tenant plaza is 100% leased to a mix of national and local retailers and contains 14,974 square feet spread over two buildings on a 1.57-acre parcel. All of the leases call for the tenants to reimburse their pro-rata share of real estate taxes, insurance and operating expenses and six of the seven leases provide attractive rent increases in the primary lease terms and renewal options (if applicable).
Market Place at Sun Prairie occupies a prime location in the heart of Sun Prairie’s commercial corridor, positioned along S Grand Avenue, one of the area’s primary retail and commuter routes. The Property offers excellent visibility and strong frontage, enhancing its presence within this established trade area. Located seconds from Target, adjacent to new commercial development, and surrounded by a mix of national and local retailers and restaurants, the center benefits from consistent consumer traffic.
The Property is also conveniently located near residential neighborhoods, area schools, UW Health East Madison (Hospital), and several large employers, providing a reliable built-in customer base. In addition, Towne Creek Commons offers efficient regional connectivity with quick access to WI Route 19, U.S. Routes 51 and 151, as well as Interstate 90, supporting ease of travel throughout Sun Prairie and the broader region, and providing quick access to Downtown Madison, 15 miles to the southwest.
Market Place at Sun Prairie occupies a prime location in the heart of Sun Prairie’s commercial corridor, positioned along S Grand Avenue, one of the area’s primary retail and commuter routes. The Property offers excellent visibility and strong frontage, enhancing its presence within this established trade area. Located seconds from Target, adjacent to new commercial development, and surrounded by a mix of national and local retailers and restaurants, the center benefits from consistent consumer traffic.
The Property is also conveniently located near residential neighborhoods, area schools, UW Health East Madison (Hospital), and several large employers, providing a reliable built-in customer base. In addition, Towne Creek Commons offers efficient regional connectivity with quick access to WI Route 19, U.S. Routes 51 and 151, as well as Interstate 90, supporting ease of travel throughout Sun Prairie and the broader region, and providing quick access to Downtown Madison, 15 miles to the southwest.
Property Facts
| Price / SF | $524.97 CAD / SF | Number of Properties | 2 |
| Cap Rate | 6.97% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,974 SF |
| Status | Active | Total Land Area | 16.49 AC |
| Price / SF | $524.97 CAD / SF |
| Cap Rate | 6.97% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,974 SF |
| Total Land Area | 16.49 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Marketplace Shopping Center
302-310 S Grand Ave, Sun Prairie, WI 53590 |
Retail | 7,500 SF | 2007 | - |
| 322-338 S Grand Ave, Sun Prairie, WI 53590 | Retail | 7,474 SF | 2007 | - |
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