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Grocery-Anchored Retail Shopping Center

806-810 N Monroe St, Waterloo, WI 53594

For Sale
Contact for pricing

The center includes a grocery tenant, pharmacy, and flexible retail suites with loading features.

Property Size27,995 SF
Lot Size3.70 Acres
Price / SF$95.91
Days on Market8

Property Features for 806-810 N Monroe St

General Information

Standard status Active
Size 27,995 SF
Lot size 3.70 Acres
Property subtype RETAIL

Additional Details

Cap Rate 7.48%
Anchor Co-Tenants Perry's Piggly Wiggly, Home Town Pharmacy
Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Altus Commercial Real Estate - Madison
Listed By: Carson Brewer · License WI 111143-94
Source: Moodyscre
Added: Nov 6 Changed: Nov 12 Last Checked: Nov 12 at 2:28PM

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 Altus Commercial Real Estate - Madison

Rey
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Investment Insights

Based on property information with market context.

This 27,995-square-foot retail shopping center occupies 3.7 acres and includes a Piggly Wiggly grocery store, Home Town Pharmacy, and two additional suites. The 20,000-square-foot grocery space has a loading dock. One 5,400-square-foot suite has tile flooring and an exterior loading area; another 2,595-square-foot suite is finished for office or retail use. The two smaller spaces may be combined.

The property is on N Monroe St in Waterloo, across from Waterloo High School and along the city’s main street. The Piggly Wiggly tenant has a NNN lease through September 30, 2031, with 20 years of renewal options. The reported cap rate is 7.48%.

Key Highlights

  • 27,995 square feet on 3.7 acres
  • Piggly Wiggly occupies a 20,000‑square‑foot space with a loading dock
  • 5,400‑square‑foot suite has tile flooring and an exterior loading area

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Nail Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 68% Shops & Services 32%
Piggly Wiggly Groceries
7,244 visits/mo 0.1 miles
Dollar General Shops & Services
3,478 visits/mo 0.1 miles

Demographics for 53594, WI

5,324
Population
2,308
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
72.7 sq mi
ZIP Area
73
Density / Sq Mi
$80,000
Median Household Income
$46,206
Median Earnings
$990
Median Rent
$236,900
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

Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 810 N Monroe St, Waterloo, WI 53594

Frequently Asked Questions

What type of property is this?
Shopping center - The center includes a grocery tenant, pharmacy, and flexible retail suites with loading features.
Where is this shopping center located?
The property is located at 806-810 N Monroe St Waterloo, WI.
What is the asking price?
The asking price for this property is $2,685,000.
What are key features of this property?
This property features: 27,995 square feet on 3.7 acres; Piggly Wiggly occupies a 20,000‑square‑foot space with a loading dock; 5,400‑square‑foot suite has tile flooring and an exterior loading area
(608) 445-2384 Call to check price and availability
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