Net Leased Grocery
1847 Egg Harbor Rd Sturgeon Bay, WI 54235
1847 Egg Harbor Rd, Sturgeon Bay, WI, 54235
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For Sale
Contact for pricing
Pick ’n Save is net leased with a new extension through 2035, including 5% escalations every five years.
Property Size41,850 SF
Price / SF$110.53
Days on Market93
Property Features for 1847 Egg Harbor Rd
General Information
- Standard status
- Active
- Size
- 41,850 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agency
The Boulder Group
(847) 562-9280
Listed by
John Feeney · License #IL 475154756
Source
Crexi
Added: Apr 21 Updated: Jul 22 at 6:49PM Checked: Jul 22 at 6:49PM
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.
A single-tenant net leased Pick ’n Save grocery store building totaling 41,850 square feet. The tenant has operated at the location since 1990 and recently executed a new 10-year lease extension through 2035, featuring 5% rental escalations every five years and six 5-year renewal options, along with a corporate guaranty. The property also underwent a recently completed capital remodel that expanded the grocery and liquor departments and installed new refrigeration systems.
Located along Sturgeon Bay’s primary retail corridor on Egg Harbor Road at the junction of State Road 42/57, the site serves as the last major commercial node before entering the Door Peninsula resort corridor. The surrounding retail mix includes national tenants such as Walmart Supercenter, Tractor Supply, T.J. Maxx, CVS, AutoZone, Dunham’s Sports, Ace Hardware, and McDonald’s.
Pick ’n Save is a wholly owned subsidiary of The Kroger Company and is described as ranking as the #1 performing grocery location within 15 miles, supporting strong sales performance and year-round stability.
Located along Sturgeon Bay’s primary retail corridor on Egg Harbor Road at the junction of State Road 42/57, the site serves as the last major commercial node before entering the Door Peninsula resort corridor. The surrounding retail mix includes national tenants such as Walmart Supercenter, Tractor Supply, T.J. Maxx, CVS, AutoZone, Dunham’s Sports, Ace Hardware, and McDonald’s.
Pick ’n Save is a wholly owned subsidiary of The Kroger Company and is described as ranking as the #1 performing grocery location within 15 miles, supporting strong sales performance and year-round stability.
Key Highlights
- 1990‑built single‑tenant net‑leased Pick ’n Save in Sturgeon Bay, WI
- Tenant operating since 1990; new 10‑year lease extension through 2035 with 5% rental escalations every five years
- Lease includes six 5‑year renewal options and a corporate guaranty
Property Analytics
Location Intelligence
Current Use by Public Records
Primo Water Refill
Big Box & Wholesale Store
Pick 'N Save ...
Check Cashing
Pick 'n Save
Grocery & Convenience Store
Coinstar Kiosk - Bitcoin ...
Atm
Western Union
Bank
Similar For Sale Nearby
Similar Off Market Nearby
- Tadych's MarketPlace Foods — 1250 N 14th Ave, Sturgeon Bay, WI 54235
FAQs
What type of property is this?
Grocery and convenience store - Pick ’n Save is net leased with a new extension through 2035, including 5% escalations every five years.
Where is this grocery and convenience store located?
The property is located at 1847 Egg Harbor Rd Sturgeon Bay, WI.
What is the asking price?
The asking price for this property is $4,625,550.
What are key features of this property?
This property features: 1990‑built single‑tenant net‑leased Pick ’n Save in Sturgeon Bay, WI; Tenant operating since 1990; new 10‑year lease extension through 2035 with 5% rental escalations every five years; Lease includes six 5‑year renewal options and a corporate guaranty
