Investment Overview

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in a 2-tenant 6,600 square-foot retail center located in Union Grove, Wisconsin. This center is leased to the United States Postal Service and Balance of Mind Therapy. USPS recently extended through October 31, 2028. USPS has a credit rating of Aaa+ (per Moody's Corporation) Union Grove is located 25 miles southwest from Milwaukee and 70 miles northwest of Chicago. Many of the residents commute to both cities for work. 6,400 vehicles per day pass the subject property. Priced below its replacement cost at $90.91 per square foot, this property could not be built today for the current asking price. The asking cap rate is 7.75 percent and with today's available debt, a 7.45% cash on cash return is achievable. Please reach out to Marcus & Millichap with additional questions about this opportunity.