Grocery-Anchored Retail
810 N Monroe, Waterloo, WI 53594
For Sale
New
$2,685,000
A NNN-leased grocery tenant anchors a multi-suite center with additional space available for occupancy.
Property Size28,000 SF
Lot Size3.70 Acres
Price / SF$95.89
Days on Market5
Property Features for 810 N Monroe
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Cap Rate
Anchor Co-Tenants
Tenant in Place
Building Details
Tenancy
Listing Agency:
ALTUS Commercial Real Estate, Inc.
Listed By:
Carson Brewer · License ##111143-94
(608) 445-2384
Source:
Madisonareahomelistings
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:55AM
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, Inc.
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Investment Insights
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The 28,000-square-foot shopping center occupies 3.7 acres and contains three suites. Perry’s Piggly Wiggly operates in a 20,000-square-foot space with a loading dock under a NNN lease running through September 30, 2031, plus 20 years of renewal options. A 5,400-square-foot suite is vacant and has tile flooring and an exterior loading area. The remaining 2,595-square-foot office/retail suite is unoccupied, although its tenant continues paying rent through July 2027; the two smaller spaces can be combined.
At 810 N Monroe Street in Waterloo, the center sits across from Waterloo High School on the city’s main street. The grocery operator also has stores in Cambridge, Edgerton, Cottage Grove, and Waterloo.
At 810 N Monroe Street in Waterloo, the center sits across from Waterloo High School on the city’s main street. The grocery operator also has stores in Cambridge, Edgerton, Cottage Grove, and Waterloo.
Key Highlights
- 28,000‑square‑foot center on 3.7 acres with three suites
- Piggly Wiggly occupies 20,000 square feet under a NNN lease through September 30, 2031, with 20 years of renewal options
- 5,400‑square‑foot vacant suite has tile flooring and an exterior loading area
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - A NNN-leased grocery tenant anchors a multi-suite center with additional space available for occupancy.
Where is this shopping center located?
The property is located at 810 N Monroe 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: 28,000‑square‑foot center on 3.7 acres with three suites; Piggly Wiggly occupies 20,000 square feet under a NNN lease through September 30, 2031, with 20 years of renewal options; 5,400‑square‑foot vacant suite has tile flooring and an exterior loading area
