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Freestanding Grocery Store
For Sale
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660 Hometown Cir, Verona, WI 53593

Newer construction features an absolute NNN lease with scheduled annual increases and corporate lease support.

Property Size67,309 SF
Lot Size7.77 Acres
Days on Market144

Property Features for 660 Hometown Cir

General Information

Standard status Active
Size 67,309 SF
Lot size 7.77 Acres
Property subtype Retail

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2019
Buildings 1
Tenancy Single
Listing Agency: Northmarq Capital, LLC
Listed By: Tom Fritz · License #IL 471018602
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:29PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

The freestanding grocery store contains 67,309 SF on 7.774 acres and was constructed in 2019. The property is leased to Skogen’s Foodliner, Inc., doing business as Festival Foods, under a 15-year sale-leaseback commencing at closing. The lease is absolute NNN and includes 1.00% annual increases. MDSFest, Inc. provides a lease guarantee, and both the tenant and guarantor report annual financials.

Located at 660 Hometown Cir in Verona, Wisconsin, the property sits near the Highway 18 interchange on E Verona Ave. Blain’s Farm & Fleet is adjacent, with Noodles & Company, Arby’s, Taco Bell, UW Credit Union, McDonald’s, and other national retail brands nearby. The site reportedly sees more than 20,000 vehicles daily.

Key Highlights

  • 67,309 SF freestanding grocery store on 7.774 acres
  • Constructed in 2019
  • 15‑year sale‑leaseback commencing upon closing

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Law Firm

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

20,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53593, WI

28,232
Population
12,583
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
99%
High-School Grad
76.2 sq mi
ZIP Area
370
Density / Sq Mi
$135,699
Median Household Income
$74,356
Median Earnings
$1,530
Median Rent
$464,700
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
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Similar Off Market Nearby

  • Miller & Sons Supermarket 210 S Main St, Verona, WI 53593

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Newer construction features an absolute NNN lease with scheduled annual increases and corporate lease support.
Where is this grocery and convenience store located?
The property is located at 660 Hometown Cir Verona, WI.
What are key features of this property?
This property features: 67,309 SF freestanding grocery store on 7.774 acres; Constructed in 2019; 15‑year sale‑leaseback commencing upon closing
More about this property
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