106 W Oak St - Supermarket FOR SALE
Boscobel, WI 53805 |
$1,630,000 USD
608-327-4000
106 W Oak St
Boscobel, WI 53805
HIGHLIGHTS
- Single-tenant Piggly Wiggly grocery store encompassing 30,700 square feet on a 2.1-acre parcel.
- Positioned as the only grocery store in Boscobel, ensuring consistent demand and minimal competition.
- Long-term lease in place through June 2031, backed by a corporate guarantee for added security.
- Generates a net operating income of $106,400 annually, offering reliable cash flow for investors.
- Located in a high-performing market with strong store sales and solid community presence.
- Offered at $1,630,000, presenting an affordable investment with a stable and essential retail tenant.
OVERVIEW
This Boscobel Piggly Wiggly is a 29,546 square foot building sitting on a 2.1 acre lot. It is located in a well suited, high performing area with strong store sales and features limited competition as it is the only grocery store in Boscobel. NOI: $111,720; Piggly Wiggly lease expiration: 6/30/31; Corporate guarantees; Sale Price: $1,630,000
FOR SALE DETAILS
PRICE
$1,630,000 USD
PRICE/SF
$53 USD /SF
CAP RATE
6.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.1 AC
LAND SF
91,476 SF
ZONING
G2
APN/PARCEL ID
206-00360-0000,206-00374-0000
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608-327-4000
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608-327-4000
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