Piggly Wiggly (Grocer) NNN | Strong Reported Sales — Sale in Mount Pleasant, WI
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Mount Pleasant, WI 53406
Photos
Investment Figures
- Cap rate
- 7.80%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This single-tenant Piggly Wiggly investment offers long-term stability backed by a 26-year operating history and a triple-net lease with four years remaining and four additional five-year renewal options. The property sits on over five acres with 230 parking spaces and is priced below replacement cost at $95.14 per square foot. Located at a signalized intersection with strong daily traffic, the site benefits from excellent visibility and convenient access through multiple ingress and egress points. The surrounding area features powerful demand drivers, including Village Center, Ascension All Saints Hospital, and a strong mix of national retailers such as Kohl’s, Festival Foods, Starbucks, and Walmart Neighborhood Market. With dense, affluent demographics and more than 69,000 residents within three miles, the property is well positioned for continued long-term performance. Investment Highlights: • Single-Tenant Piggly Wiggly | Triple-Net Lease with Below Market Rents | Strong Reported Sales • 26-Year History at this Location, Demonstrating Long-Term Performance • Five-Acre Site with 230 Parking Spaces • Located at the Signalized Intersection of Spring Street and S. Newman Road, Which Sees a Combined Traffic Volume of 26,600 Vehicles per Day • Strong Community Drivers Including National Retailers, a Large Hospital, and Multiple Schools • Average Household Income of $106,253 Within a Mile Radius
Market Context
This retail in Mount Pleasant, WI is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Mount Pleasant, WI — view the full market.
Contact
- Sean Sharko · (630) 570-2238 · sean.sharko@marcusmillichap.com
- Austin Weisenbeck · (630) 570-2169 · austin.weisenbeck@marcusmillichap.com
- Todd Lindblom · (262) 364-1900
- Dean Giannakopoulos · (312) 327-5423 · dean.giannakopoulos@marcusmillichap.com
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