Franklin Village Properties

What Franklin Village Properties does

Franklin Village Properties, LLC is a privately held Wisconsin LLC that operates the Franklin Village Shopping Center, a single-asset 16-unit retail strip mall located at the corner of 76th Street and Rawson Avenue in Franklin, Wisconsin. Founded in 1979, the company has continuously operated this one property for over 40 years and expanded the shopping center four times during that period, quadrupling its footprint. The business functions as a hands-on, owner-operated landlord and property manager, leasing retail units to a curated mix of small, local service businesses and restaurants serving the surrounding Franklin, WI community.

The company's product is fundamentally a real estate asset rather than a technology platform: a high-visibility suburban retail location with parking, leased on what the company describes as long-term agreements to independent SMB operators. No proprietary technology, software, API, or digital infrastructure is disclosed beyond a marketing website (franklinvillage.com) and a Google Maps listing. The tenant mix is explicitly diversified across food service, personal care, healthcare, fitness, pet services, and education verticals, with several tenants occupying the center for over 20 years.

Revenue is generated through recurring base rent on the 16 commercial units, classified in the source data as a subscription/recurring stream. Pricing is not publicly disclosed; leasing is handled via direct contact through the website. The company targets small business owners and entrepreneurs seeking brick-and-mortar retail space in the Franklin, WI submarket, leveraging the property's location, longevity, and established tenant ecosystem as its core commercial proposition. Revenue figures are not publicly disclosed and the operational scale is small, with 1–10 employees and no disclosed institutional investors, parent company, or external funding.

Name

Franklin Village Properties

Legal name

Franklin Village Properties, LLC

Website

https://franklinvillage.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

1–10 employees

Short description

Franklin Village Properties, LLC is a privately held Wisconsin owner-operator of a single 16-unit retail strip mall in Franklin, WI, leasing space to local SMB tenants across food service, healthcare, and personal care since 1979.

Ownership category

akta.pro rank

Headquarters

HQ city

Franklin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Marketing or Sales, Personnel

Revenue model

1. Commercial Retail Leasing: Franklin Village Properties generates revenue through leasing 16 commercial retail units to various businesses. The property has maintained approximately 50% average occupancy rate with long-term tenants. Several businesses have remained as original tenants for over 20 years, indicating stable recurring rental income from established commercial leases.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Franklin Village Properties owns and operates the Franklin Village Shopping Center, a 16-unit retail strip mall located at the corner of 76th Street and Rawson Avenue in Franklin, Wisconsin. The company leases commercial retail units directly to small business tenants such as restaurants, salons, healthcare providers, and fitness centers, generating recurring rental income from the property it has owned and expanded since 1979.

Product overview

Franklin Village Properties operates a single unified commercial real estate property: the Franklin Village Shopping Center. This 16-unit retail strip mall, located in Franklin, Wisconsin, has been serving the community since 1979 and has expanded fourfold from its original size. The company functions as a property management and leasing operation, providing retail space to approximately 13-14 established businesses including restaurants, personal services, healthcare providers, and fitness centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Franklin Village Shopping Center

Quantifiable outcome

• 50% average occupancy rate maintained
• +2 more outcomes

Named customers14 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Regency Centers: Premier grocery-anchored open-air shopping center REIT operating ~480 properties across the US. Closely aligned tenant strategy and suburban community-anchored center format to Franklin Village's neighborhood strip mall.
• Brixmor Property Group: One of the largest publicly traded open-air shopping center owners in the US, focused on grocery-anchored and strip mall properties in suburban markets. Directly comparable asset class and tenant mix to Franklin Village's 16-unit strip mall, though at vastly greater scale.
• Phillips Edison & Company: REIT focused exclusively on neighborhood and grocery-anchored shopping centers, with an average center size that overlaps Franklin Village's 16-unit footprint more closely than most peers. Same small-shop, multi-tenant leasing model and similar demographic-driven growth thesis.
• RPT Realty: Open-air shopping center REIT (now operating under Kimco following the 2024 merger) that focused on necessity-based, grocery-anchored centers in select MSAs. Comparable suburban strip mall product and tenant base to Franklin Village.
• Kite Realty Group: Open-air shopping center REIT operating ~170 properties predominantly in the Southeast and Midwest US, with a similar small-shop, multi-tenant suburban strip mall format to Franklin Village Properties.
• Federal Realty Investment Trust: High-quality open-air shopping center and mixed-use REIT with a focus on densely populated, affluent suburban trade areas. Same business model — leasing small-shop retail space to local and regional tenants — as Franklin Village Properties.
• SITE Centers: Formerly DDR Corp., an open-air shopping center REIT with a portfolio of necessity-based, value-oriented shopping centers in suburban US markets. Closely aligned asset class and tenant profile to Franklin Village's small-shop retail leasing model.
• Kimco Realty: Largest publicly traded shopping center owner in North America with a portfolio of open-air, primarily grocery-anchored centers. Operates the same small-shop, multi-tenant strip mall format and targets similar suburban SMB tenants as Franklin Village.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/FranklinVillageShoppingCenter

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Franklin Village Properties