Pick ‘N Save | Glendale, WI

Roundy's Supermarket Inc
1735 West Silver Spring Drive, Glendale, WI 53209, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 61,910 SF Pick ‘N Save NN Asset 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.

  • 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
  • Easily Accessible | Multiple Points of Ingress & Egress

In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker – Lic. #938545-91 BoR: Scott Reid – Lic. WI #58772-90

Roundy's Supermarket Inc
1735 West Silver Spring Drive, Glendale, WI 53209, USA

ROUNDY’S SUPERMARKET, INC.

Roundy’s Supermarkets, Inc. (also known as Roundy’s) is an American supermarket operator. It owns and operates stores under the names of Pick ‘n Save, Metro Market, and Mariano’s Fresh Market. Roundy’s is a wholly-owned subsidiary of the Kroger Co. (NYSE:KR), located in Cincinnati, Ohio. Founded in Milwaukee in 1872, Roundy’s operates 149 retail grocery stores under the retail banners Pick ‘n Save and Metro Market in Wisconsin and Mariano’s in Illinois. The two largest banners are Pick ‘n Save, with over 100 locations throughout the State of Wisconsin, and Mariano’s, with over 40 locations throughout the Chicagoland area.

Price

$14,109,000

Cap Rate

6.75%

PREMISES

61,910 SF

RENEWAL OPTIONS

6 Five-Year Option Periods Remaining

Lease Expiration

01/31/2030

Lease Type

NN

RENTAL INCREASES

3% Every 5 Years

BROKERS

List with SIG

Tap into the expertise of brokers who specialize in your property type.

Get In Touch