4310 67th Dr Union Grove, WI 53182-9338
This well-maintained, single-story, 43,868 square foot shopping center in Racine County, Wisconsin, presents a prime retail opportunity. Located at the intersection of US Highway 45 and Wisconsin Highway 11, just five miles west of Interstate 94, this center benefits from its strategic location near Milwaukee and Chicago. Currently 97% occupied, with 94% occupied by strong national tenants, the center boasts a prominent anchor tenant: Piggly Wiggly, the only major grocery store within a 10-mile radius, occupying 69% of the gross leasable area (GLA) under a corporate-guaranteed lease with 10+ years remaining. A 1,300 square foot space is currently available for lease on a triple-net (NNN) basis. The property sits on a 4-acre lot and features a recently updated parking lot (sealed and coated in 2018, completely resurfaced 2022-23). Built in 2003, this center offers minimal landlord responsibilities and benefits from onsite management. The fast-growing Village of Union Grove provides a strong market for businesses seeking to serve southeast Wisconsin. This is an exceptional investment opportunity in a high-traffic location with a stable tenant base.
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Aurora Pharmacy Pharmacy
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Aurora Pharmacy Vaccine Center - Adults and Pediatrics Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Union Grove, WIUnion Grove. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.