$14,109,000 USD
202-573-2148
1735 W Silver Spring Dr
Glendale, WI 53209
Outer Brown Deer
HIGHLIGHTS
- Well Positioned in a Densely Populated Area | 119,279 Residents Within a 3-Mile Radius
- 5 Years Remaining on a NN Lease | Six 5-Year Option Periods Remaining upon Expiration of the Current Term
- Prominent Wisconsin Brand | 82 Pick 'n Save Locations in the State of Wisconsin
- Credit Tenant | Roundy's Supermarket, Inc is a Wholly- Owned Subsidiary of the Kroger Co. (NYSE:KR)
- Long Standing Tenancy | Grocer at Subject Location Since 1998
- Strategically Located | Less Than a Mile Away From Bayshore Mall and Regionally Famous Kopp's Custard
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 61,910 SF Pick N Save Located at 1735 West Silver Spring Drive in Glendale, WI. This Deal Includes a Remaining Lease Term of 5 Years, With Six 5-Year Option Periods Remaining Upon Expiration of the Current Term With Minimal Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$14,109,000 USD
PRICE/SF
$228 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pick 'n Save - Glendale, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
263
LAND DETAILS
LAND ACRES
8.45 AC
LAND SF
368,082 SF
ZONING
-
APN/PARCEL ID
168-9016-000
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202-573-2148
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