Grocery-Anchored Shopping
For Sale
Contact for pricing
Pending
421 W Cottage Grove Rd, Cottage Grove, WI 53527
Multi-tenant retail property with an established grocery anchor and triple net lease structures.
Property Size58,557 SF
Days on Market397
Property Features for 421 W Cottage Grove Rd
General Information
Standard status
Pending
Size
58,557 SF
Property subtype
Retail
Occupancy
97%
Lease Type
NNN
Site & Location
Anchor Co-Tenants
Piggly Wiggly
Road Access
Yes
Building Details
Year Built
1999
Year Renovated
2007
Buildings
2
Tenancy
Multi
Listing Agency:
Cushman & Wakefield | Boerke
(414) 347-1000
Listed By:
Heather Dorfler · License #89977-94
Source:
Crexi
Added: Jul 30, 2025
Changed: Aug 30
Last Checked: Aug 30 at 10:31AM
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 Cushman & Wakefield | Boerke
Investment Insights
Based on property information with market context.
This 58,557-square-foot shopping center was built in 1999 and is anchored by Piggly Wiggly. The property contains 14 tenants, including Subway, Edward Jones, Forward Pharmacy, and local service-oriented businesses. Occupancy stands at 97.4%, and 75% of the tenant roster has operated at the center for more than 10 years.
The center spans two contiguous parcels and provides multiple ingress and egress points. Existing leases include triple net structures, annual rental escalations, and a weighted average lease term of 3.67 years. The property is situated along Cottage Grove’s main retail corridor and is surrounded by new residential development.
The center spans two contiguous parcels and provides multiple ingress and egress points. Existing leases include triple net structures, annual rental escalations, and a weighted average lease term of 3.67 years. The property is situated along Cottage Grove’s main retail corridor and is surrounded by new residential development.
Key Highlights
- 58,557‑square‑foot shopping center built in 1999
- Piggly Wiggly serves as the grocery anchor
- 97.4% occupancy across 14 tenants
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 78%
Dining 13%
Beauty & Spa 5%
Shops & Services 4%
Piggly Wiggly
Groceries
12,734 visits/mo
0.1 miles
SUBWAY
Dining
2,070 visits/mo
0.0 miles
Cost Cutters
Beauty & Spa
774 visits/mo
0.0 miles
Super Lube
Shops & Services
646 visits/mo
0.2 miles
Demographics for 53527, WI
10,994
Population
4,732
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
99%
High-School Grad
35.8 sq mi
ZIP Area
307
Density / Sq Mi
$119,808
Median Household Income
$60,027
Median Earnings
$1,531
Median Rent
$402,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail property with an established grocery anchor and triple net lease structures.
Where is this shopping center located?
The property is located at 421 W Cottage Grove Rd Cottage Grove, WI.
What are key features of this property?
This property features: 58,557‑square‑foot shopping center built in 1999; Piggly Wiggly serves as the grocery anchor; 97.4% occupancy across 14 tenants
