Listed by Lee & Associates - Madison
$2,426,000
714 S. Wisconsin Dr
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 26,084
Cap Rate 6.50%
NOI $157,742
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 03/30/2028
Remaining Term 2
Acreage 3.460
Ground Lease No
Piggly Wiggly Grocery Store for Sale
Marketing description
This Howards Grove Piggly Wiggly is a 26,084 square foot grocery store on 3.46 acres. It is a highly visible location with multiple points of ingress and egress, making it an easily accessible property. NOI: $157,742; Piggly Wiggly lease expiration: 3/31/28; Corporate guarantees; Sale Price: $2,426,000
Investment highlights
- This Howards Grove Piggly Wiggly is a 26,084 square foot grocery store on 3.46 acres. It is a highly visible location with multiple points of ingress and egress, making it an easily accessible property. NOI: $157,742; Piggly Wiggly lease expiration: 3/31/28; Corporate guarantees; Sale Price: $2,426,000
Listing Contacts
Listed by Lee & Associates - Madison
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,742.00
$13,145.17/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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