Log In/Sign Up
Your email has been sent.
Wal-Mart Supercenter W190N9855 Appleton Ave 190,000 SF Retail Building Germantown, WI 53022 For Sale
Investment Highlights
- Absolute NNN Ground Lease providing a truly passive ownership structure with zero landlord responsibilities
- Approximately six years of firm lease term remaining, offering near term income stability
- Walmart Inc. investment grade credit rated AA / Aa2, representing one of the strongest credit profiles in retail
- Net Operating Income of $533,000 dollars providing stable and predictable cash flow
- Thirteen five year renewal options providing exceptional long term income durability
- 204,000 square foot institutional scale asset with long term site relevance
Executive Summary
Mid America Real Estate Wisconsin LLC is pleased to present the opportunity to acquire the single tenant ground lease interest in a 204,000 square foot Walmart Supercenter located in Germantown Wisconsin. Walmart has operated at this location since 2006, demonstrating long term site commitment within one of the most dominant retail corridors in the northwest Milwaukee metropolitan area.
The property is secured by an Absolute NNN Ground Lease with approximately six years of remaining term and thirteen five year renewal options, providing exceptional income durability and long term control of the site. The lease structure offers a highly passive ownership profile with zero landlord responsibilities.
Strategically positioned along Appleton Avenue with immediate proximity to Interstate 41, the asset benefits from strong visibility, regional accessibility, and consistent consumer traffic driven by a dense concentration of national retailers. Germantown represents a highly desirable suburban market supported by strong household incomes, stable residential patterns, and durable retail fundamentals.
This offering provides investors with the rare combination of an institutional scale asset, investment grade tenancy, passive ground lease structure, and long term rental growth.
The property is secured by an Absolute NNN Ground Lease with approximately six years of remaining term and thirteen five year renewal options, providing exceptional income durability and long term control of the site. The lease structure offers a highly passive ownership profile with zero landlord responsibilities.
Strategically positioned along Appleton Avenue with immediate proximity to Interstate 41, the asset benefits from strong visibility, regional accessibility, and consistent consumer traffic driven by a dense concentration of national retailers. Germantown represents a highly desirable suburban market supported by strong household incomes, stable residential patterns, and durable retail fundamentals.
This offering provides investors with the rare combination of an institutional scale asset, investment grade tenancy, passive ground lease structure, and long term rental growth.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Freestanding
Building Size
190,000 SF
Building Class
B
Year Built
2006
NOI
$533,000
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.11
Lot Size
38.43 AC
Parking
350 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | GTNV-324960 | Improvements Assessment | $8,171,000 |
| Land Assessment | $4,712,500 | Total Assessment | $12,883,500 |
Property Taxes
Parcel Number
GTNV-324960
Land Assessment
$4,712,500
Improvements Assessment
$8,171,000
Total Assessment
$12,883,500
Contacts
-
Dan Rosenfeld -
Tanner Rosen -
Andrew Lund -
Mid-America Real Estate – Wisconsin, LLC
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Wal-Mart Supercenter | W190N9855 Appleton Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.