Desirable Madison Grocery Anchored Shopping Center  – Maple Grove is anchored by Walgreens and Copps Grocery Store, a wholly owned subsidiary of Kroger Co (S&P BBB).

Stable Occupancy – The center has historically operated at 100% occupancy since opening in 1999.

Walgreens on Separate Parcel – Walgreens is located on its own separate parcel allowing an investor to lower their basis in the shopping center by selling the Walgreens as a single tenant net lease opportunity.

Significant Credit Income – Walgreens and Copps income represents approximately 82% of the center’s gross rent at Maple Grove.

Desirable Madison Market – Madison is one of the fastest growing communities in Wisconsin. Its unemployment rate is at 3.6%, housing demand is at an all-time high, and the area’s dynamic job growth is expected to continue at a rate of 3.8% by 2020.

Dense Trade Area – Affluent Demographics – There are over 130,000 residents within a 5-mile radius of the subject property with an average HH Income over $91,000.

Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977