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Listed by ALTUS Commercial Real Estate, Inc.
$ 2,685,000
Est. payment /mo
New
810 N Monroe Street Waterloo, WI 53594
28,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail,Shopping center/StripMall
Listing Status Active
Purchase Type For Sale
Square Footage 28,000 sqft
Price per Sqft $95
MLS Listing ID 2036037
Annual Tax Amount $27,552
Tax Year 2025
Lot Size 3.700 Acres
Acres 3.7
Property Sub-Type Retail,Shopping center/StripMall
Property Description
This is a great opportunity to acquire a 28,000sf 3 unit grocery-anchored NNN leased retail shopping center on 3.7 acres occupied by Perry's Piggly Wiggly, an established operator with stores in the Cambridge, Edgerton, Cottage Grove, and Waterloo markets. This property at 810 N. Monroe St. is highly visible along Waterloo's main street directly across from Waterloo High School. The Piggly Wiggly suite is 20,000sf with a loading dock. The 5,400sf vacant suite has tile floor with an exterior loading area and the 2,595sf vacant suite is finished office/retail space and they could be easily combined. The tenant in the 2,595sf suite is paying rent through July 2027 but isn't occupying the space. This property is priced at a 7.48% cap rate based on income from Piggly Wiggly and the 2,595sf suite, leaving value to be added from leasing the vacant 5,400sf suite. Piggly Wiggly just signed a 5 year NNN lease through September 30, 2031 with 20 years of renewal options...
Location
State WI
County Jefferson
Area Waterloo - C
Zoning Comm
Direction Right across the street from Waterloo Middle School.
Interior
Heating Central air, Forced air
Cooling Central air, Forced air
Exterior
Parking Features 56 or more spaces, Onsite, Paved, Attached
Roof Type Metal,Rubber/membrane
Building
Story 1
Water Municipal sewer, Municipal water
Structure Type Brick,Steel,Brick/Stone,Concrete block
Others
SqFt Source Appraiser
Energy Description Natural gas
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
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