Investment Overview

This grocery-anchored property features a long-standing Piggly Wiggly supported by three outlots and a highly stable tenant mix. The center is 97 percent occupied with all tenants on net leases, and the remaining 3,188 square feet vacancy offers modest upside. Tenancy is exceptionally durable, with anchor Piggly Wiggly in place nearly 15 years, alongside long-term operators such as Goodwill, AutoZone, and Rosati’s Pizza. Piggly Wiggly is a wholly owned subsidiary of C&S Wholesale Grocers, LLC, one of the nation’s largest grocery distributors, and this location is currently undergoing a substantial interior renovation. Recent momentum includes a new 10-year Dunkin’ lease that commenced in early 2026, while Planet Fitness and AT&T continue to provide strong lease-term depth, with five to eight years remaining. Strategically positioned at a signalized intersection just off Interstates 94/43, the property benefits from high daily traffic counts and excellent accessibility. It sits within a dense, amenity-rich corridor surrounded by major retail drivers, including Holt Plaza, Target, and The Home Depot, all of which attract significant annual visitation. The trade area is heavily populated with strong household incomes, substantial daytime employment, and multiple nearby schools, reinforcing consistent consumer traffic and long-term demand.