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Two-Tenant Grocery Property
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709-711 US Highway 45, Eagle River, WI 54521

Fully leased retail asset occupied by Pick ‘n Save and Tractor Supply Company under long-term leases.

Property Size91,100 SF
Days on Market145

Property Features for 709-711 US Highway 45

General Information

Standard status Active
Size 91,100 SF
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Pick 'n Save, Tractor Supply Company
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:32AM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This fully leased retail property accommodates two established occupants: Pick ‘n Save, supported by a Kroger guaranty, and Tractor Supply Company. The building contains 91,100 square feet and operates under leases with more than 9 years remaining, rental escalations during the primary terms, and renewal options.

The property occupies a signalized intersection at US Highway 45 and McKinley Boulevard in Eagle River. US Highway 45 serves as the area’s principal commercial thoroughfare, providing direct access to the surrounding retail corridor. Nearby context includes residential communities, local businesses, schools, Eagle River Memorial Hospital, Eagle River Union Airport, and the Northland Pines School District. Shopko, Walgreens, and McDonald’s are also identified among area retailers.

Key Highlights

  • 91,100‑square‑foot building occupied by Pick ‘n Save and Tractor Supply Company
  • Fully leased two‑tenant retail property
  • More than 9 years remaining on both tenant leases

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Bakery Electrical Service Computer & Electronic Repair Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 73% Shops & Services 27%
Nelson's Ace Hardware Home Improvements & Furnishings
10,645 visits/mo 0.2 miles
BMO Harris Bank Shops & Services
1,784 visits/mo 0.4 miles
Associated Bank Shops & Services
1,416 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
833 visits/mo 0.1 miles

Demographics for 54521, WI

8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Trig's 925 E Wall St, Eagle River, WI 54521

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fully leased retail asset occupied by Pick ‘n Save and Tractor Supply Company under long-term leases.
Where is this grocery and convenience store located?
The property is located at 709-711 US Highway 45 Eagle River, WI.
What are key features of this property?
This property features: 91,100‑square‑foot building occupied by Pick ‘n Save and Tractor Supply Company; Fully leased two‑tenant retail property; More than 9 years remaining on both tenant leases
(847) 562-0003 Call to check price and availability
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