1919 N Shawano St
New London, WI 54961
Retail Property For Sale

Marcus & Millichap is pleased to present for your review the Piggly Wiggly of New London, Wisconsin. The investment consists of a 18,040 square foot, single tenant grocery store operating as a Piggly Wiggly.This was a build-to-suit location for them back in 1989 when the building was first built. The tenant is currently on their first option period (after their initial 20-year lease) with their second option just exercised. They have over four years remaining (10/31/2020) on their extended term. This Piggly Wiggly is an Absolute Triple-Net lease. The tenant is responsible for all expenses associated with the property leaving the landlord with zero responsibility. Piggly Wiggly has operated in this location since 1990. This store has excellent sales and a low rent to sales ratio. New London is a city in Outagamie and Waupaca Counties of Wisconsin. The population was 7,295 at the 2010 census. Of this, 5,685 were in Waupaca County, and 1,640 were in Outagamie County. This Piggly Wiggly is located in New London's main retail market. It is shadow anchored by Walmart (non-supercenter). Piggly Wiggly is the dominant grocer in the area. New London is a city in Outagamie and Waupaca Counties of Wisconsin. The population was 7,295 at the 2010 census. Of this, 5,685 were in Waupaca County, and 1,640 were in Outagamie County. This Piggly Wiggly is located in New London's main retail market. It is shadow anchored by Walmart (non supercenter). Piggly Wiggly is the dominate grocer in the area. Some retail located near the property includes, Advance Auto Parts, Cash Store, Cost Cutters, Taco Bell, McDonald's, Radio Shack and more.