For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1019 Riv St | Belleville Belleville, WI 53508

Loading data...
Loading data...
Loading data...
For Sale
$18,500,000

Essential business investment opportunity: Piggly Wiggly portfolio in Wisconsin.

Property size:
43 SF

Property Features for 1019 Riv St | Belleville

General Information

Size
43 SF

Source: John Walsh Agent John Walsh

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Piggly Wiggly Portfolio For Sale

This offering presents an essential business investment opportunity: a portfolio of Piggly Wiggly properties for sale. The portfolio includes locations in Belleville, Boscobel, Howards Grove, and Union Grove, WI. The Belleville location at 1019 River St. features a 43,321 sq. ft. building on a 4.5-acre lot, with a NOI of $264,040. The Piggly Wiggly lease term expires on 2/3/32, and is corporately guaranteed. The Boscobel location at 106 W. Oak St. has a 30,700 sq. ft. building on a 2.1-acre lot, with a NOI of $106,400. The Piggly Wiggly lease term expires on 6/30/26 and is corporately guaranteed. The Howards Grove location at 714 S. Wisconsin Dr. includes a 24,268 sq. ft. building on 3.46 acres, with a NOI of $157,742. The Piggly Wiggly lease term expires on 3/31/28 and is corporately guaranteed. The Union Grove location at 4400 67th Drive features a 43,868 sq. ft. building on a 4-acre lot, with a NOI of $486,159. The Piggly Wiggly lease term expires on 11/29/33 and is corporately guaranteed. All leases are NNN leases with annual escalators. The landlord is responsible for HVAC replacement, roof, and structural maintenance. The current landlord could negotiate an additional 10 years per lease on Piggly Wiggly leases if requested. The total sale price for the portfolio is $18,500,000.
Insight Report Location Intelligence

Current Use by Public Records

Edward Jones - Financial ... Investment Service Town & Country Insurance ... Insurance Agency Main Street Market ... Supermarket Mr. Jay Makovec Chiropractor Bradley Karl Freitag Chiropractor

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Belleville
County
Dane
State
Wisconsin
Longitude
-89.5622
Latitude
42.8678

FAQs

What type of property is this?
NNN retail property - Essential business investment opportunity: Piggly Wiggly portfolio in Wisconsin.
Where is this nnn retail property located?
The property is located at 1019 Riv St | Belleville Belleville, WI.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: - Portfolio of four Piggly Wiggly properties with corporate guarantees.; - Total NOI of $1,014,341 across all locations.; - All NNN leases with annual escalators.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message