Net Leased Grocery
For Sale
Contact for pricing
1847 Egg Harbor Rd, Sturgeon Bay, WI 54235
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 Market140
Property Features for 1847 Egg Harbor Rd
General Information
Standard status
Active
Size
41,850 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$277,532
Building Details
Year Built
1990
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
John Feeney · License #IL 475154756
(847) 562-9280
Source:
Crexi
Added: Apr 21
Changed: Aug 14
Last Checked: Sep 7 at 4:38AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
91k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 41%
Shops & Services 30%
Groceries 19%
Home Improvements & Furnishings 10%
Walmart
Superstores
37,476 visits/mo
0.4 miles
Kwik Trip
Shops & Services
20,808 visits/mo
0.3 miles
Pick 'n Save
Groceries
17,069 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
8,865 visits/mo
BP
Shops & Services
2,915 visits/mo
0.1 miles
Demographics for 54235, WI
17,829
Population
11,835
Households
1.5
Avg Household Size
51
Median Age
32%
College-Educated
96%
High-School Grad
190.3 sq mi
ZIP Area
94
Density / Sq Mi
$68,141
Median Household Income
$44,238
Median Earnings
$998
Median Rent
$267,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Tadych's MarketPlace Foods — 1250 N 14th Ave, Sturgeon Bay, WI 54235
Frequently Asked Questions
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
