The Boulder Group completed the sale of a single-tenant net-leased Pick ‘n Save property in Milwaukee, Wisconsin, for $20 million.
The 120,000-square-foot Pick ‘n Save property is positioned within a well-populated retail area. Tenants around the property include Starbucks, Domino’s Pizza, U.S. Bank, Dunkin’, McDonalds, Napa Auto Parts, Culver’s and more.
Jimmy Goodman and John Feeney of The Boulder Group represented both the buyer and the seller in the transaction.
The seller is a Milwaukee-based real estate investor. The buyer is a national private real estate company. The Pick ‘n Save property features a corporate guaranty from Kroger and has more than eight years remaining on the primary lease.