125 E Pine Street, Platteville, WI 53818 For Sale

Anchored by Piggly Wiggly, a tenant of over 25 years with nearly five years of term remaining, the center benefits from exceptional stability and limited competition, with the nearest grocer nearly 10 miles south and a notable void to the north and northeast. Piggly Wiggly is a wholly owned subsidiary of C&S Wholesale Grocers, LLC, one of the nation's largest grocery distributors. The property maintains a highly stable tenant base with a weighted tenure of 18.95 years, including long-term occupants such as MidWestOne Bank and Papa Murphy's (20+ years), Asian Cafe (21.5 years), Snap Fitness (nearly 18 years), Pioneer Nutrition, and Tundra Tobacco. The center offers a versatile layout with strong fundamentals, ranked #2 for most visited shopping strips within 50 miles (Placer.ai), supported by a fully leased main floor, value-add potential in second-floor office space, five loading docks, 345 parking spaces, and a drive-thru bank pad. Located within walking distance of the University of Wisconsin-Platteville, less than half a mile away with 6,395 students. The property is also surrounded by large apartment communities and two hotels. The area continues to grow, with 8,848 residents and a daytime population of 12,133 within one mile.