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- LoopNet Team
1717 N Mayfair Rd
Wauwatosa, WI 53226
Pick 'n Save Center · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
ABOUT 1717 N MAYFAIR RD , WAUWATOSA, WI 53226
The 100% leased grocery-anchored center located in the affluent, infill community of Wauwatosa, Wisconsin, and part of one of Milwaukee area’s most dominant regional trade zone. Pick ‘n Save is the dominant grocer in the greater Milwaukee area based on market share (34%) and a wholly owned subsidiary of The Kroger Co., the United States’ largest supermarket chain by revenues, the third-largest general retailer (behind Walmart and Costco), and the 18th largest company in the United States. Pick ‘n Save contributes 82% of the center’s total gross income and has a lease through December 2029 with 5% rent bumps every five years (next rent step in January 2020). Kroger Co. guarantees the lease at subject offering providing additional stability and commitment from the grocer.
PROPERTY TAXES
| Parcel Number | 339-9985-002 | Improvements Assessment | $13,938,200 |
| Land Assessment | $4,593,000 | Total Assessment | $18,531,200 |
PROPERTY TAXES
