Retail v Wisconsin

The Boulder Group sells Trader Joe's grocery store in Wisconsin

The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, recently completed the sale of a single tenant Trader Joe’s grocery store in the Milwaukee MSA in Brookfield, Wis., for $4.78 million. The single tenant Trader Joe’s asset sold for a 5.75 percent cap rate, which is the lowest cap rate transaction for a freestanding Trader Joes in 2012.