Waukesha Gander Mountain store sold for $18 million

The Gander Mountain store at 2440 E. Moreland Blvd., Waukesha, was sold recently for $18,275,353, according to state records.

An affiliate of Phoenix, Ariz.-based Cole Real Estate Investments, the private capital business of New York-based American Realty Capital Properties Inc., purchased the property from an affiliate of Oak Brook, Ill.-based The Inland Real Estate Group of Companies Inc.

The store is located on a 6.3-acre site between I-94, Moreland Boulevard and Bluemound Road and behind a Target store. Before Gander Mountain, the site was occupied by Westown Cinema, which closed in 2007 when Marcus Theatres Corp. opened its Majestic Cinema in the Town of Brookfield.

- Advertisement -

The Gander Mountain property sold for well above its assessed value of $6.6 million, according to Waukesha County records.

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

What's New

BizPeople

Sponsored Content

BIZEXPO | EARLY BIRD PRICING | REGISTER BY APRIL 15TH & SAVE

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
BizTimes Milwaukee