Grocery-Anchored Shopping
125 E Pine Street Platteville, WI 53818
125 E Pine Street, Platteville, WI, 53818
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For Sale
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Fully leased main floor with five loading docks, 345 parking spaces, and a drive-thru bank pad.
Property Size81,398 SF
Price / SF$84.61
Days on Market75
Property Features for 125 E Pine Street
General Information
- Standard status
- Active
- Size
- 81,398 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1967
Listing agency
Marcus & Millichap SWM Group
Listed by
Sean Sharko · License #IL 471.010712
Source
Crexi
Added: May 8 Updated: Jul 21 at 2:54AM Checked: Jul 21 at 2:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap SWM Group
Investment Insights
Based on property information with market context.
This grocery-anchored shopping center is anchored by Piggly Wiggly, a tenant of over 25 years with nearly five years of remaining term. The center’s main floor is fully leased and supports additional merchandising and service uses across a versatile layout that includes five loading docks and 345 parking spaces, along with a drive-thru bank pad. Long-term tenants include MidWestOne Bank, Papa Murphy’s, Asian Cafe, Snap Fitness, Pioneer Nutrition, and Tundra Tobacco.
Platteville’s retail corridor is positioned 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. According to Placer.ai, the shopping strip within 50 miles is ranked #2 for most visits, and the area includes 8,848 residents and a daytime population of 12,133 within one mile.
The property features a value-add component through second-floor office space while maintaining overall stability through long-tenured occupancy.
Platteville’s retail corridor is positioned 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. According to Placer.ai, the shopping strip within 50 miles is ranked #2 for most visits, and the area includes 8,848 residents and a daytime population of 12,133 within one mile.
The property features a value-add component through second-floor office space while maintaining overall stability through long-tenured occupancy.
Key Highlights
- Fully leased main floor anchored by Piggly Wiggly (tenant of 25+ years) with nearly 5 years of term remaining
- Weighted tenant tenure of 18.95 years, including MidWestOne Bank and Papa Murphy's (20+ years), Asian Cafe (21.5 years), Snap Fitness (nearly 18 years)
- Five loading docks, 345 parking spaces, and a drive‑thru bank pad
Property Analytics
Location Intelligence
Current Use by Public Records
McGregor Plaza Shopping ...
Shopping Center & Mall
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FAQs
What type of property is this?
Shopping center - Fully leased main floor with five loading docks, 345 parking spaces, and a drive-thru bank pad.
Where is this shopping center located?
The property is located at 125 E Pine Street Platteville, WI.
What is the asking price?
The asking price for this property is $6,887,000.
What are key features of this property?
This property features: Fully leased main floor anchored by Piggly Wiggly (tenant of 25+ years) with nearly 5 years of term remaining; Weighted tenant tenure of 18.95 years, including MidWestOne Bank and Papa Murphy's (20+ years), Asian Cafe (21.5 years), Snap Fitness (nearly 18 years); Five loading docks, 345 parking spaces, and a drive‑thru bank pad