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106 W Oak St 30,700 SF Retail Building Boscobel, WI 53805 $1,630,000 ($53.09/SF) 6.85% Cap Rate
Investment Highlights
- Single-tenant Piggly Wiggly grocery store encompassing 30,700 square feet on a 2.1-acre parcel.
- Long-term lease in place through June 2031, backed by a corporate guarantee for added security.
- Located in a high-performing market with strong store sales and solid community presence.
- Positioned as the only grocery store in Boscobel, ensuring consistent demand and minimal competition.
- Generates a net operating income of $106,400 annually, offering reliable cash flow for investors.
- Offered at $1,630,000, presenting an affordable investment with a stable and essential retail tenant.
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
- -
Today there are more than 500 Piggly Wiggly® stores serving communities in 18 states. Piggly Wiggly®, LLC’s corporate headquarters are in Keene, N.H. It issues Piggly Wiggly® franchises to qualified independent grocery retailers. The company also provides the retailers with services such as support, marketing programs, and a line of promotional items. Piggly Wiggly®, LLC is an affiliate of C&S Wholesale Grocers, Inc., For over 100 years, C&S has provided first-class warehousing and distribution services to its customers. From more than 50 warehouse facilities throughout the United States, C&S serves some of the largest supermarket chains in the nation. Their corporate offices are located in Keene, N.H.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $775,600 | |
| Land Assessment | $169,500 | Total Assessment | $945,100 |
Property Taxes
Contact the Sale Advisor
106 W Oak St