Walmart Supercenter
Market Price
W190n9855 Appleton Avenue, Germantown, WI 53022
533,000
NOI
204,000 sqft
Building Size
Details:
Highlights:
- Net Operating Income of $533,000 dollars providing stable and predictable cash flow
- Absolute NNN Ground Lease providing a truly passive ownership structure with zero landlord responsibilities
- Approximately six years of firm lease term remaining, offering near term income stability
- Thirteen five year renewal options providing exceptional long term income durability
- 204,000 square foot institutional scale asset with long term site relevance
- Exceptionally low rental rate of approximately $2.61 dollars per square foot, supporting strong renewal probability
Description:
Mid America Real Estate Wisconsin LLC is pleased to present the opportunity to acquire the single tenant ground lease interest in a 204,000 square foot Walmart Supercenter located in Germantown Wisconsin. Walmart has operated at this location since 2006, demonstrating long term site commitment within one of the most dominant retail corridors in the northwest Milwaukee metropolitan area.
The property is secured by an Absolute NNN Ground Lease with approximately six years of remaining term and thirteen five year renewal options, providing exceptional income durability and long term control of the site. The lease structure offers a highly passive ownership profile with zero landlord responsibilities.
Strategically positioned along Appleton Avenue with immediate proximity to Interstate 41, the asset benefits from strong visibility, regional accessibility, and consistent consumer traffic driven by a dense concentration of national retailers. Germantown represents a highly desirable suburban market supported by strong household incomes, stable residential patterns, and durable retail fundamentals.
This offering provides investors with the rare combination of an institutional scale asset, investment grade tenancy, passive ground lease structure, and long term rental growth.
Documents:
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Walmart_Germantown_OM.pdf
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Location
Gallery