Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate-Wisconsin, LLC, has been retained on behalf of the owner, as the exclusive listing broker to sell the fee simple interest in the Pick ‘n Save located at N135 Stoney Brook Road, Appleton, WI 54915. The property is located in Appleton, WI, between Milwaukee and Green Bay, and is comprised of a 54,340 square foot retail building situated on 5.80 acres of land. Pick ‘n Save recently renewed their lease in 2020 for an additional 7 years of term and still have four (4) – five (5) year option periods with various rental increases throughout each period, as highlighted in the financial section. This asset gives potential buyers the opportunity to own an investment guaranteed by a strong investment grade tenant. The site is prominently located along Stoney Brook Road and Calumet Street and is highly visible from W-441.
The subject offering is located directly off of W-441 and is visible from the highway, exposing the site to nearly 45,000 vehicles per day. It also benefits from a very large Pylon sign fronting the freeway. Additionally, there are 35,400 vehicles per day that pass directly in front of the site on Calumet Street. The heavy traffic and interstate exposure make this an extremely desirable retail location.