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NNN Grocery Investment Property
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36903 E Wisconsin Avenue, Oconomowoc, WI 53066

Grocery-anchored retail investment with a corporately guaranteed NN lease and multiple extension options.

Property SizeContact for details
Days on Market143

Property Features for 36903 E Wisconsin Avenue

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 30,100 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: SRS Real Estate Partners Chicago
Listed By: Sean Lutz · License #IL 475132482
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 4:53AM

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 SRS Real Estate Partners Chicago

Investment Insights

Based on property information with market context.

This grocery retail investment property is occupied by Pick ’n Save under an NN lease with just under 6 years remaining. The agreement includes three 5-year extension options and CPI-based rent increases scheduled for January 2019 and the start of each option period. Roundy’s Supermarkets provides the corporate guarantee, with Kroger identified as its parent company. Landlord obligations are limited to the roof, foundation, exterior supporting walls, canopies, and facade.

The property occupies the southeast corner where E. Wisconsin Avenue, Highway 16, and Highway 67 converge in Oconomowoc, Wisconsin. Combined traffic at the intersection is reported at 30,100 VPD, with multiple ingress and egress points from the bordering streets. The site is positioned along the community’s primary retail corridor near Walgreens, O’Reilly Auto Parts, and Advance Auto Parts. The surrounding 5-mile trade area includes approximately 39,000 residents and an average household income of $113,458.

Key Highlights

  • Pick ’n Save occupies the property under an NN lease with just under 6 years remaining
  • Three 5‑year lease options with CPI increases in January 2019 and at each option period
  • Corporate lease guarantee from Roundy’s Supermarkets, a Kroger parent company

Property Analytics

Current Use

Pick 'N Save ... Bank Coinstar Kiosk | Bitcoin ... Atm MoneyGram Bank Ria Money Transfer ... Bank SNOWFOX Sushi Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nail Salon Daycare Center (Bike/Boat/Book/etc) Store

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

30,100 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 53066, WI

36,595
Population
16,074
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
97%
High-School Grad
103.2 sq mi
ZIP Area
355
Density / Sq Mi
$111,348
Median Household Income
$55,563
Median Earnings
$1,263
Median Rent
$402,800
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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Frequently Asked Questions

What type of property is this?
NNN property - Grocery-anchored retail investment with a corporately guaranteed NN lease and multiple extension options.
Where is this nnn property located?
The property is located at 36903 E Wisconsin Avenue Oconomowoc, WI.
What are key features of this property?
This property features: Pick ’n Save occupies the property under an NN lease with just under 6 years remaining; Three 5‑year lease options with CPI increases in January 2019 and at each option period; Corporate lease guarantee from Roundy’s Supermarkets, a Kroger parent company
(312) 279-5345 Call to check price and availability
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