Home Industries Real Estate Mukwonago grocery store building sold for $12 million

Mukwonago grocery store building sold for $12 million

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A Metro Market store building in Mukwonago has been sold for $12 million. The 64,000-square-foot supermarket located at 1010 N. Rochester St. includes a Starbucks, Citizens Bank and 294 parking spaces. The property was purchased by an affiliate of California-based JRW Realty, which invests in grocery-anchored retail properties nationally, according to its website. Its previous

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Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
A Metro Market store building in Mukwonago has been sold for $12 million. The 64,000-square-foot supermarket located at 1010 N. Rochester St. includes a Starbucks, Citizens Bank and 294 parking spaces. The property was purchased by an affiliate of California-based JRW Realty, which invests in grocery-anchored retail properties nationally, according to its website. Its previous owner was a California-based entity. Built in 1990 and remodeled in 2018, the location was previously a Pick 'n Save store. Pick 'n Save and Metro Market are both brands of Roundy's, which is owned by Cincinnati based Kroger. The property has an assessed value of about $4.95 million, according to Waukesha County records.

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