Germantown Retail for Sale - Washington East

Newmark Capital Markets and Accredas Investments are proud to present a rare investment opportunity for qualified investors: the acquisition of a fee simple interest in a premier, two-tenant, absolute NNN-leased Fleet Farm & Chase Bank property, ideally situated in the retail epicenter of Germantown, Wisconsin, within the Milwaukee MSA. A long-term 20-year lease with Fleet Farm, a strong Midwest retailer with an infamous attraction, secures the offering. This outstanding two-tenant retail asset features a full-size Fleet Farm store and a recently constructed Chase Bank on a shared 17.83-acre parcel. Fleet Farm accounts for 94.7% of the total NOI. The Fleet Farm lease commenced in December 2021 and has a firm term through Q4 2041 with 2.00% annual increases and four five-year renewal options. Fleet Farms offers exceptional income stability and a hedge against inflation. Chase Bank’s portion commenced in Q4 2024 and will run through Q4 2039, with three five-year renewal options and 10% annual increases. Chase Bank specifically identified and was granted the opportunity to build on the coveted intersection in front of this highly successful Fleet Farm location. The subject’s 10-mile demographics confirm a growing population of 331,141 residents, with an affluent average household income exceeding $109,800 and robust consumer spending power of more than $4.2 billion annually. Fleet Farm is just a 10-minute drive from Downtown Milwaukee. Milwaukee serves as Wisconsin's largest economic center and one of the Midwest's most diversified secondary markets, anchored by a longstanding base of advanced manufacturing, a growing professional-services sector, and nationally recognized corporate headquarters. Investors won’t want to miss the chance to acquire the well-established Fleet Farm and newly constructed JPMorgan Chase Bank, a profound and well-performing portfolio addition in the bustling Germantown suburb of Milwaukee, Wisconsin.

Property Subtype:

Freestanding

Date on Market:

2026-04-01

Madison Office for Sale - Northwest Madison

Cresa is pleased to present a premier investment opportunity at 1002 Deming Way in Madison, WI. This two-story, Class A office building, totaling 38,395 square feet, is located on a scenic 9.2-acre wooded lot within the highly desirable Old Sauk Trails Business Park on Madison, Wisconsin's West Side. Built in 1994 and refurbished in 2018 (new roof, new interior finishes and kitchen area, locker rooms with showers, new heat pumps, and new boilers), the property is fully leased to Singlewire Software, a leading software company that occupies the building as its corporate headquarters. The current lease runs through May 31, 2034, with two additional 5-year renewal options, offering investors long-term income stability and an attractive return. The property features abundant surface parking and excess land for future expansion. It is also conveniently located near a variety of dining, retail, and hotel accommodations, enhancing convenience for employees and visitors. Given its prime location, strong tenant profile, and secure long-term lease, this property presents an exceptional investment opportunity.

Date on Market:

2025-03-07

Madison Office for Sale - Northeast Madison

CBRE is pleased to present the opportunity to purchase two impeccably maintained office buildings (other building is 4600 American Pkwy) in Madison Wisconsin. The offering provides an investor the value-add opportunity to further increase occupancy and drive rents, while maintaining a diverse and loyal base of existing tenants. The buildings are just one-block apart – making it convenient to manage and maintain. Each building boasts impressive lobbies with modern finishes, ample on-site parking, fitness center, conference center, mature landscaping and walking trails within the American Business Park Contact broker for price guidance. See NOI. Click on the link for more information and access to the full offering memo and financials: www.madisonofficeportfolio-cbre.com This 4-story glass and brick faced professional office building is highly visible from Interstate 90/94 and U.S. Highway 151 and has significant exposure to over 74,000 cars per day. Efficient, large floorplate design offers tenants optionality. The building sits on 7.5 acres and with more than ample parking, its very possible the building could be expanded. Current vacancy provides an exceptional opportunity for NOI growth. This is a rare chance to acquire two cash-generating office buildings with value-add potential at an attractive discount to replacement cost.

Date on Market:

2025-07-22

Eau Claire Retail for Sale

Absolute NNN Lease - This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 12 years remaining, featuring rent increases and four 5-year options. Plus, the location benefits from being an established, long-term location for this national tenant. Strategic Location - Located in a retail corridor along Hendrickson Drive / WI Hwy 37 with traffic counts over 13K vehicles per day. The property is easily accessible with a drive-thru, ample parking, and signage. Located less than one mile from the University of Wisconsin-Eau Claire and Chippewa Valley Technical College. Established Regional Market - Located in Eau Claire, the property benefits from the city’s role as a regional hub for west-central Wisconsin, also known as the Chippewa Valley, serving over 175,000 people. Eau Claire is home to the University of Wisconsin-Eau Claire, with a student population of over 10,000. Strong Demographics - Located about 1.5 hours east of the Twin Cities. Eau Claire is the second-fastest-growing major city in Wisconsin. The area within a ten-mile radius of the property has a population exceeding 110,000 people, with an average household income of over $100,000. Long-Term Tenant with Large Franchisee Operator - Arby's has been successfully operating at this location for many years. This location is managed by DRM Inc., the 2nd largest Arby’s franchisee. DRM currently owns and operates 118 Arby’s restaurants in seven Midwest states, with the Corporate Office located in Omaha, Nebraska. Drive-Thru Oriented Asset - The property features a drive-thru configuration, catering to convenience-based consumer demand.

Property Subtype:

Fast Food

Date on Market:

2026-05-04

Sheboygan Retail for Sale

Long-Term Absolute NNN Lease with Annual Rent Bumps - The property is secured by an absolute NNN lease with over 11 years of remaining term and 1% annual rent bumps. Signalized Corner Location with Excellent Access - Situated on a signalized corner lot, the property benefits from excellent visibility, convenient ingress/egress, and exposure to over 16,300 vehicles per day. Accelerating Brand Turnaround & Sales Growth - Burger King is executing a multi-year revitalization, driving improved sales and stronger unit-level performance. The brand has posted consistent same-store sales growth and over 5% annual systemwide sales increases, supported by ongoing investment in remodels, digital initiatives, and marketing. Drive-Thru Oriented Asset - The property features a drive-thru configuration, catering to convenience-based consumer demand. Primary Commercial Corridor with High Traffic Exposure - Located along South Business Drive, a main arterial route on Sheboygan’s south side, the property benefits from high traffic volumes and serves as a key corridor for residents and daily commuters.

Property Subtype:

Fast Food

Date on Market:

2026-05-04

New Berlin Office for Sale - Brookfield/New Berlin

Jennifer Stein Real Estate, Inc., in conjunction with Zeustra Healthcare Real Estate Advisors – Out-of-State Cooperating Broker, is pleased to present the exclusive opportunity to acquire 12555 W National Ave in New Berlin, Wisconsin—a 16,808 square foot, fully leased outpatient medical facility strategically located within the Milwaukee Metropolitan Statistical Area (MSA). Offered at $4,500,000, the asset delivers a strong in-place net operating income of $343,875.88, representing a 7.64% capitalization rate and providing investors with durable, immediate cash flow. The property is 100% leased to a complementary mix of healthcare providers, anchored by Aspen Orthopedic Specialists, which occupies approximately 50% of the building. Aspen is a long-term tenant that has recently exercised its 5-year renewal option, demonstrating continued commitment to the location. The practice operates a comprehensive outpatient platform, including on-site MRI, digital X-ray, and physical therapy services, reinforcing the mission-critical nature of the facility and representing significant tenant investment in specialized buildout and equipment. Aspen Orthopedic Specialists maintains one additional 5-year renewal option, and its current rental rate remains below prevailing market levels, offering investors embedded upside potential. The remaining tenancy includes West Allis Primary Care Physicians and Internist LTD, both of which have recently executed 5-year renewal options, further solidifying the stability of the rent roll. All leases are structured on a triple net basis with 2% annual rent escalations, providing investors with passive ownership and consistent income growth while minimizing landlord responsibilities. 12555 W National Ave is strategically positioned within the affluent and growing Waukesha County submarket, one of the most desirable suburban healthcare corridors in the Milwaukee MSA. The property benefits from proximity to major regional healthcare systems including Froedtert Health, Advocate Aurora Health, and Ascension Wisconsin, as well as nearby facilities such as Froedtert Moorland Reserve Health Center, ProHealth Care’s Waukesha Memorial Hospital, and Ascension SE Wisconsin Hospital – Elmbrook Campus. This concentration of healthcare infrastructure drives sustained patient demand and supports long-term tenant retention. The asset also offers excellent accessibility via West National Avenue and nearby Interstate 94, Interstate 43, and Interstate 41, providing convenient access throughout the Milwaukee metro area. The surrounding corridor features a strong mix of residential density, retail amenities, and commercial development, enhancing patient convenience and visibility for medical tenants. The combination of 100% occupancy, recent lease renewals across the entire tenant roster, mission-critical orthopedic with MRI & X-Ray, triple net lease structure with contractual rent growth, and below-market rental rates positions 12555 W National Ave as a highly attractive, stabilized medical office investment. The offering provides investors with secure in-place income, minimal management responsibility, and meaningful long-term upside within a proven and supply-constrained healthcare market.

Property Subtype:

Medical

Date on Market:

2026-04-29

Lake Geneva Office for Sale - Walworth East

At the entrance to Geneva National, where championship fairways meet the shores of Lake Como, a stabilized, fully leased business condominium comes to market for the very first time. A passive investor's ideal hold: Free standing bldg w 4 units totaling 4,080 SF leased to two proven tenants through 2028, delivering day-one cash flow. Geneva Cabinet Company and Bella Tile and Stone are long-established businesses rooted in the Geneva Lakes market. Adjacent to three championship courses by Arnold Palmer, Gary Player, and Lee Trevino. This 1,300+ home resort is two-thirds built out with hundreds of acres for future expansion. Minutes from Lake Geneva, Williams Bay, and Geneva Lake with access to Hwy 50, 67 and I-43. Stone and shake-shingle construction, pergola patio, golf course views.

Date on Market:

2026-04-17

Lake Nebagamon Retail for Sale - Outlying Douglas County

Date on Market:

2026-04-15

Sturgeon Bay Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, drive-thru–equipped Walgreens investment property. The tenant, Walgreen Co., has 10+ years of firm lease term remaining, with ten (10) additional five-year renewal options, providing long-term income durability. The lease includes a one-time 15%+ rental increase at the beginning of the first option period, offering a meaningful step-up in NOI and a hedge against inflation. The lease is corporate-signed by Walgreen Co., which operates over 8,500 locations across the U.S. and Puerto Rico and serves nearly 9 million customers daily. In August 2025, Sycamore Partners completed its $23.7 billion acquisition of Walgreens Boots Alliance (WBA), further supporting the tenant’s financial strength. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment for a passive investor.

Property Subtype:

Drug Store

Date on Market:

2026-04-13

Shawano Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, top-ranking, drive-thru pharmacy equipped, Walgreens investment property located in Shawano, WI. The tenant, Walgreen Co., has 10+ years remaining with an additional 10 (5-year) option periods left to extend. The lease features a one-time 14%+ rental increase at the beginning of the first option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

Property Subtype:

Drug Store

Date on Market:

2026-04-13

Marinette Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, top-ranking, drive-thru pharmacy equipped, Walgreens investment property located in Marinette, WI. The tenant, Walgreen Co., has 10+ years of firm term remaining with an additional 10 (5-year) option periods left to extend. The lease features a one-time 14% rental increase at the beginning of the first option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

Date on Market:

2026-04-13

Kaukauna Retail for Sale - Outagamie County

High-Visibility Net Lease Investment | Dollar General | Kaukauna, WI Turnkey investment opportunity featuring a single-tenant property leased to Dollar General, a nationally recognized and recession-resistant retailer with a strong track record of performance. Positioned along Lawe Street, this property benefits from excellent visibility, steady traffic counts, and a built-in customer base from the surrounding residential neighborhoods. Dollar General’s neighborhood-focused model drives consistent daily traffic, supporting long-term stability for investors. This offering provides reliable, passive income with minimal landlord responsibilities, making it an ideal addition to any investment portfolio. The property is well-suited for investors seeking dependable cash flow, including those completing a 1031 exchange. With a nationally recognized tenant in place and a strategic location in the growing Kaukauna market, this asset offers both stability and long-term upside.

Property Subtype:

Freestanding

Date on Market:

2026-04-09

Green Bay Office for Sale

• Located in the City of Green Bay, on a busy thorough fare with heavy traffic counts • 2 access points onto property Prime Location & Accessibility: Positioned just off the I-43 exit ramp, this property offers outstanding regional access and visibility along one of Green Bay’s primary retail corridor. This location generates strong traffic and exposure. National Retailers & High Traffic Corridor: Located one the east side of Green Bay, the area is surrounded by national retailers, restaurants, and big-box anchors that drive consistent daily traffic.

Date on Market:

2026-04-02

Madison Retail for Sale - S Central Madison

Property Subtype:

Fast Food

Date on Market:

2026-03-19

Portfolio of properties for Sale

Long-Term NNN Master Lease - Secured by a NNN master lease with 14+ years of remaining term and 2% annual rent increases. Strategic Highway & Arterial Access - Locations positioned along well-traveled corridors with convenient locations for both local and commuter traffic. All three have dual access as well as great visibility and signage. Stable, Growing Midwest Markets - Located in dependable secondary and tertiary markets experiencing steady population growth. Solid Market Fundamentals - Benefiting from tight vacancy conditions, with approximately 3% vacancy in the markets, supporting long-term stability. Essential Service Retail - Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. All three locations have limited competition and provide shopping options for essential items.

Date on Market:

2026-03-16

Glendale Retail for Sale - North Shore

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, investment grade (S&P: A), Target investment property located in Glendale, WI (Milwaukee MSA). The tenant has over 10 years of firm term remaining with an additional 10 (5-year) option periods to extend. The lease features scheduled 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: A | NYSE: TGT), and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The subject property affords an investor the rare opportunity to acquire a generational legacy asset leased to one of the premier retailers in the world, with unmatched underlying intangibles, while further mitigating risk with far-below market rent and an acquisition price substantially below replacement cost.

Property Subtype:

Freestanding

Date on Market:

2026-03-11

Arena Retail for Sale - Iowa County

NAI Pfefferle is proud to present this exceptional investment opportunity located at 295 Ray Hollow Road, Arena WI 53503 for sale. The property features an Absolute NNN Lease with a 15-year term, built-in renewal options, and 5% rent increases beginning in year six. The lease is corporately guaranteed, backed by a strong credit tenant.

Property Subtype:

Freestanding

Date on Market:

2026-03-11

Baraboo Retail for Sale

Introducing Take-5 Anchored Value-Add Property in Baraboo, WI! Situated at 818 8th St, this property offers a unique investment opportunity with two units on Lot 1 spanning 3,552 SF and one unit on Lot 2 covering 8,700 SF. With a combined asking price of $1,400,000, this property boasts high traffic counts of approximately 14,291 VPD and is anchored by a reputable tenant generating $300,000. The location draws from a population of 18,362 within a 5-mile radius, with an average household income of $80,474. Benefit from the diversified portfolio of leading brands occupying this property, including Take 5 Oil Change among others. Generating $2.3 billion in total revenue, the property offers a solid investment with a pro forma NOI of approximately $92,343 and a total current CAP rate of 3.62%. Don't miss this rare opportunity to invest in a well-located property with excellent potential for value appreciation and substantial returns!

Property Subtype:

Freestanding

Date on Market:

2026-03-06

Lake Mills Retail for Sale - Jefferson North

Walgreens is positioned with excellent access and visibility at the hard corner, signalized intersection of North Main Street (11,300 VPD) and East Tyranena Park Road (6,700 VPD), where it is feet from the on-ramp to Interstate 94 (40,800 VPD), which provides direct access to downtown Milwaukee (52.5 miles east). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.

Property Subtype:

Drug Store

Date on Market:

2026-03-06

Mount Horeb Retail for Sale - Outlying Dane West

Walgreens is positioned with excellent access and visibility at the corner of Springdale Street (9,500 VPD) and Perimeter Road, less than a mile from US-18(21,000 VPD) which provides direct access to downtown Madison (21.7 miles east). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.

Property Subtype:

Drug Store

Date on Market:

2026-03-06

Sauk City Retail for Sale

Situated just off the banks of the Wisconsin River, Walgreens is located with excellent access and visibility along US-12 (18,600 VPD), which is the main thoroughfare through Sauk City. Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.

Property Subtype:

Drug Store

Date on Market:

2026-03-06

Brookfield Retail for Sale - Brookfield/New Berlin

TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale a PNC Bank located in Brookfield, Wisconsin. PNC Bank has operated successfully at this location since 2012 under an absolute NNN ground lease with a current term through January 2032, plus five 10-year renewal options, each featuring an 8%–10% rent increase. PNC Bank is one of the largest diversified financial services institutions in the U.S. It operates over 2,200 branches coast-to-coast and has a network of 60,000+ ATMs. In 2025, PNC generated a record 22 billion in revenue and $7 billion in net income. The company is actively investing $2 billion to open 300+ new branches over the next 5 years. Brookfield, just 15 miles west of downtown Milwaukee, is one of the region’s most established and affluent suburbs, supported by the #1 “Best School District in Wisconsin,” median household income exceeding $129,000 (3-mile), and homeownership above 82%. It benefits from the broader Greater Milwaukee economic powerhouse of 1.5+ million residents and a GDP of over $130 billion, anchored by six Fortune 500 headquarters, including Northwestern Mutual, Kohl’s, Fiserv, and Rockwell Automation. The area offers a highly desirable quality of life with major regional destinations and events, including Summerfest, along with cultural and sports anchors such as the Milwaukee Art Museum, Harley-Davidson Museum, the Milwaukee Brewers at American Family Field, and the Milwaukee Bucks at Fiserv Forum. In Association With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91

Property Subtype:

Bank

Date on Market:

2026-03-06

Jackson Retail for Sale - Washington East

CBRE is pleased to offer for sale the 14,765-square-foot Walgreens situated on 2.57 acres in Jackson, Wisconsin--part of the Milwaukee-Waukesha, WI MSA (Population: 1.57M+). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.

Property Subtype:

Drug Store

Date on Market:

2026-02-25

Beloit Retail for Sale - Rock County

CBRE is pleased to offer for sale the 14,405-square-foot Walgreens situated on 1.91 acres in Beloit, Wisconsin—part of the Janesville-Beloit, WI MSA (Population: 164,616). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.

Property Subtype:

Drug Store

Date on Market:

2026-02-25