Marcus & Millichap Brokers $10M Sale of Retail Property Leased to Shopko in Madison

by Christina Cannon

MADISON, WIS. — Marcus & Millichap has brokered the $10 million sale of a 94,120-square-foot retail building occupied by Shopko on a triple-net lease basis in Madison. The building, originally built in 1988, was renovated in 2004. The department store is located at 2201 Zeier Road and is situated on approximately eight acres. Nearby retailers include Kohl’s, DSW Shoe Warehouse, Burlington Coat Factory and Payless Shoes. Glen Kunofsky of Marcus & Millichap represented the seller in the transaction. Jeff Rowlett and Jeremy Osting of Marcus & Millichap procured the buyer, a private investor.

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