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714 S Wisconsin Dr Howards Grove, WI 53083

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For Sale
$16,500,000

Essential Business Investment Opportunity - Piggly Wiggly Portfolio For Sale

Property size:
24,268 SF

Property Features for 714 S Wisconsin Dr

General Information

Size
24,268 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 properties located in Belleville, Boscobel, Howards Grove, and Union Grove, WI. One of the properties is located at 714 S. Wisconsin Dr., Howards Grove, WI 53083. The building size is 24,268 sq. ft. and the land size is 3.46 acres. The NOI is $157,742. The Piggly Wiggly lease term is 10 years with lease expiration of 3/31/28. Corporate guarantees are in place. The Piggly Wiggly lease could negotiate an additional 10 years per lease if requested. All NNN leases with annual escalators. Landlord responsible for HVAC replacement, roof and structural. The building size in Boscobel is 30,700 sq. ft. with land size of 2.1 acres and NOI of $106,400. The Piggly Wiggly lease term is 10 years with lease expiration of 6/30/26. The building size in Belleville is 43,321 sq. ft. with land size of 4.5 acres and NOI of $262,839.67. The Piggly Wiggly lease term is 10 years with lease expiration of 2/3/32. The building size in Union Grove is 43,868 sq. ft. with land size of 4 acres and NOI of $516,252.66. The Piggly Wiggly lease term is 10 years with lease expiration of 11/29/33.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Pharmacy Accounting Firm

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

Similar Places Nearby

Tietz's Piggly Wiggly

Location Insight

  • Map
  • Local Demand
City
Howards Grove
County
Sheboygan
State
Wisconsin
Longitude
-87.8235714
Latitude
43.8267405

FAQs

What type of property is this?
Grocery and convenience store - Essential Business Investment Opportunity - Piggly Wiggly Portfolio For Sale
Where is this grocery and convenience store located?
The property is located at 714 S Wisconsin Dr Howards Grove, WI.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: - Portfolio of four Piggly Wiggly properties with corporate guarantees.; - Total NOI of $1,043,234.33 across all properties.; - All NNN leases with annual escalators.
More about this property
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