Kohl’s Food Store Grantosa

Commercial

Kohl’s Food Store Grantosa Dr

Appleton Ave. & Grantosa Dr - Milwaukee, WI

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2000 Year Built

82,000 SF Commercial Space

Sold Status

An award-winning grocery for Urban Milwaukee

General Capital redeveloped this underutilized urban property and brought a major national grocery store to the neighborhood. The northwest side of Milwaukee was underserved by retail services, particularly grocery, as most regional and national retailers focused their development efforts on the suburbs. The closed Kohl’s Department Store site was an eyesore at the intersection of Appleton & Grantosa in the City of Milwaukee, but created an opportunity for focused redevelopment. The Northwest Side Community Development Corporation (NWSCDC) provided assistance with a low-interest loan and job placement program. The loan was paid in full (ahead of schedule) and now serves as a reserve fund for the NWSCDC’s future neighborhood investments.

Note: General Capital no longer owns this property. Kohl’s Food Stores closed all their Milwaukee operations in August 2003. The store was briefly leased to “Always 99 Cents,” a local discount food and general merchandiser. It is now vacant and available thru MLG Commercial at (262) 797-9400.

KEY THEMES

• Large-format grocery development provided essential neighborhood-serving retail along Milwaukee's established Appleton Avenue corridor
• Strategic location at Appleton Avenue and Grantosa Drive positioned the property within a highly accessible residential trade area
• Purpose-built retail design supported high-volume grocery operations within a substantial commercial footprint
• Long-term grocery use maintained the property's role as an important shopping destination for the surrounding community
• Disciplined development and asset management positioned the property for a successful long-term disposition

RESULTS

• Successfully delivered an 82,000 SF grocery retail property serving Milwaukee's northwest side
• Established a large-format commercial destination supporting convenient access to everyday grocery and household needs
• Maintained the property's grocery-oriented use through its transition to Pick 'n Save
• Contributed to the long-term vitality of the Appleton Avenue commercial corridor through neighborhood-serving retail
• Completed a successful disposition following the property's development and long-term commercial use

 

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