130 NNN properties are observed for sale in Wisconsin across 79 tenants and 85 cities as of October 30, 2026, at a median asking cap rate of 7.00%, 65 basis points above the national median of 6.35%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and cities carry the inventory, what it is asking, how Wisconsin prices against the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Wisconsin run from 4.25% to 10.69%, with the middle half of listings between 6.50% and 7.71%. Median asking price $2.05M (median $229 per SF). Average remaining lease term 8.0 years among 47 listings that state a term. 11 listings report a 2026 build year. 60 listings were first observed and 53 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Key findings, as of October 30, 2026
- 130 NNN listings are observed in Wisconsin, the 23rd largest inventory of the 50 states with listings.
- The median asking cap rate of 7.00% is 65 basis points above the national median. That is tied for the 4th highest median asking cap rate among the 50 states with observed listings.
- Comparing the same tenants, Wisconsin listings ask 32 basis points wider than those tenants elsewhere (4 tenants, 36 Wisconsin listings), so part of the gap above reflects location and part reflects which tenants are on the market.
- The median Wisconsin listing was first observed 97 days ago (tracking began July 25, 2026, so listings marketed before then may have been on the market longer); 60 were first observed and 53 dropped off active tracking in the last 90 days.
NNN Properties For Sale in Wisconsin: Latest Listings
Up to twenty-four single-tenant net lease properties in Wisconsin with published pricing, the newest from each tenant first so the table reflects the whole Wisconsin market rather than one or two active tenants. Below the table, the full listing browser carries every observed Wisconsin listing with tenant, city, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | City | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| NAPA Auto Parts | Pewaukee | $725,000 | 7.60% | $55,073 | n/a | n/a | Not stated | Get full property data |
| Dollar General | Mondovi | $843,000 | 7.00% | $58,992 | n/a | n/a | Not stated | Get full property data |
| Verizon | Monroe | $2,704,200 | 6.65% | $179,824 | n/a | 2026 | Not stated | Get full property data |
| Walgreens | Waupaca | $2,424,000 | 7.50% | $181,821 | n/a | 2005 | Not stated | Get full property data |
| 7 Brew | Oshkosh | $1,667,000 | 6.00% | n/a | n/a | 2026 | Not stated | Get full property data |
| Regus | Oshkosh | $2,395,000 | 10.56% | $253,000 | n/a | 1962 | Not stated | Get full property data |
| Chipotle | Menomonie | $3,495,000 | 5.15% | $180,000 | n/a | 2026 | Not stated | Get full property data |
| 7-Eleven | West Allis | $5,812,806 | 5.00% | $290,640 | n/a | 1986 | Not stated | Get full property data |
| Pizza Hut | Madison | $1,454,000 | 7.00% | $101,808 | n/a | 1996 | Not stated | Get full property data |
| Vasa Fitness | New Berlin | $13,379,500 | 7.00% | $936,562 | n/a | 1999 | Not stated | Get full property data |
| Kohl's | Neenah | $9,037,200 | 8.00% | $722,976 | n/a | 2000 | Not stated | Get full property data |
| Caliber Collision | Oconomowoc | $1,925,000 | 7.23% | $139,114 | n/a | n/a | Not stated | Get full property data |
| Bp | New Franken | $2,655,000 | 6.30% | $167,240 | n/a | 1999 | Not stated | Get full property data |
| Subway | Little Suamico | $3,681,000 | 7.00% | $257,668 | n/a | 1997 | Not stated | Get full property data |
| Ferguson | Hudson | $1,817,000 | 6.50% | $118,125 | n/a | 2000 | Not stated | Get full property data |
| BMO Bank | Sauk City | $2,210,526 | 6.18% | $136,682 | n/a | 2000 | Not stated | Get full property data |
| Open Road Harley-Davidson | Fond du Lac | $5,793,103 | 7.25% | $420,000 | n/a | 2001 | Not stated | Get full property data |
| Kiddie Academy | Sun Prairie | $6,465,000 | 6.50% | $420,000 | n/a | 2026 | Not stated | Get full property data |
| United Rentals | Rhinelander | $765,000 | 7.50% | $57,305 | n/a | n/a | Not stated | Get full property data |
| Learning Experience | Waukesha | $5,485,000 | 8.00% | $438,785 | n/a | 2024 | Not stated | Get full property data |
| Doctors Of Physical Therapy | Thorp | $3,085,714 | 7.00% | $216,000 | n/a | 2008 | Not stated | Get full property data |
| Raising Cane's | Wausau | $3,000,000 | 5.00% | $150,000 | n/a | 2026 | Not stated | Get full property data |
| Anytime Fitness | Appleton | $1,540,000 | 7.00% | $108,000 | n/a | 2017 | Not stated | Get full property data |
| Cousins Subs | Janesville | $1,902,222 | 6.75% | $128,400 | n/a | 2024 | Not stated | Get full property data |
Showing 24 of 130 observed Wisconsin listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Wisconsin NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a full credit rating, cap rate and inventory profile; the rest are tracked here at the state level until they earn a page of their own.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| Walgreens | 18 | 8.00% | 6.25% to 9.50% | $3.46M | Walgreens NNN for sale |
| Dollar General | 12 | 7.00% | 6.65% to 8.50% | $0.89M | Dollar General NNN for sale |
| Doctors Of Physical Therapy | 4 | 6.75% | 6.75% to 7.00% | $1.07M | |
| Caliber Collision | 3 | 6.65% | 6.25% to 7.23% | $1.93M | |
| Piggly Wiggly | 3 | 7.00% | 7.00% to 7.80% | $2.25M | Piggly Wiggly NNN for sale |
| Pizza Hut | 3 | 7.00% | 6.85% to 7.00% | $1.45M | |
| 7 Brew | 2 | 6.25% | 6.00% to 6.50% | $1.91M | |
| 7-Eleven | 2 | 5.00% | 5.00% to 5.00% | $5.55M | 7-Eleven NNN for sale |
| Anytime Fitness | 2 | 7.00% | 7.00% to 7.00% | $1.54M | |
| BMO Bank | 2 | 6.58% | 6.18% to 6.97% | $1.72M | BMO Bank NNN for sale |
| Bp | 2 | 6.98% | 6.30% to 7.65% | $2.03M | |
| Caribou Coffee | 2 | 7.07% | 6.63% to 7.50% | $1.57M | |
| Chipotle | 2 | 5.20% | 5.15% to 5.25% | $3.31M | Chipotle NNN for sale |
| Family Dollar | 2 | 8.25% | 7.50% to 9.00% | $1.18M | Family Dollar NNN for sale |
| FedEx | 2 | 6.45% | 6.25% to 6.65% | $3.26M | FedEx NNN for sale |
| Little Caesars | 2 | 7.00% | 7.00% to 7.00% | $5.35M | |
| NAPA Auto Parts | 2 | 6.80% | 6.00% to 7.60% | $1.22M | NAPA Auto Parts NNN for sale |
| See Om For Details | 2 | 7.00% | 7.00% to 7.00% | $7.91M | |
| Starbucks | 2 | 6.25% | 6.25% to 6.25% | $2.21M | Starbucks NNN for sale |
| Ace Hardware | 1 | 10.00% | 10.00% to 10.00% | $1.50M | |
| Adeline Montessori School | 1 | n/a | n/a | $4.50M | |
| Affiliated Auto | 1 | n/a | n/a | $0.59M | |
| Amoco | 1 | n/a | n/a | $0.65M | |
| Aspirus St. Luke's | 1 | 7.00% | 7.00% to 7.00% | $9.50M | |
| AutoZone | 1 | 6.25% | 6.25% to 6.25% | $0.85M | AutoZone NNN for sale |
| Burger King | 1 | 7.00% | 7.00% to 7.00% | $1.78M | Burger King NNN for sale |
| Carevet | 1 | 7.85% | 7.85% to 7.85% | $0.80M | |
| Chick-fil-A | 1 | 4.53% | 4.53% to 4.53% | $5.99M | Chick-fil-A NNN for sale |
| Chili's | 1 | 5.50% | 5.50% to 5.50% | $1.99M | Chili's NNN for sale |
| Church's Chicken | 1 | 6.00% | 6.00% to 6.00% | $1.92M | |
| Concentra | 1 | 6.85% | 6.85% to 6.85% | $2.22M | Concentra NNN for sale |
| Cousins Subs | 1 | 6.75% | 6.75% to 6.75% | $1.90M | |
| Credit Union | 1 | 6.15% | 6.15% to 6.15% | $3.25M | |
| Dental Office | 1 | 6.95% | 6.95% to 6.95% | $0.73M | |
| Dollar Tree | 1 | 9.54% | 9.54% to 9.54% | $0.85M | Dollar Tree NNN for sale |
| Famous Daves | 1 | 7.11% | 7.11% to 7.11% | $1.35M | |
| Ferguson | 1 | 6.50% | 6.50% to 6.50% | $1.82M | |
| First National Bank | 1 | 7.50% | 7.50% to 7.50% | $0.96M | |
| First Watch | 1 | 6.00% | 6.00% to 6.00% | $3.63M | |
| Goodyear | 1 | 6.00% | 6.00% to 6.00% | $3.06M | Goodyear NNN for sale |
Tenants with the most Wisconsin listings observed (top 40 of 79). Tenants with a linked page have a full credit and inventory profile; 64 of the 130 listings belong to tenants with a profile page.
Wisconsin NNN Properties by Category
- Pharmacy NNN properties for sale (18 in Wisconsin across 1 tenant)
- Dollar Store NNN properties for sale (15 in Wisconsin across 3 tenants)
- QSR NNN properties for sale (9 in Wisconsin across 7 tenants)
- Grocery and Big Box NNN properties for sale (5 in Wisconsin across 3 tenants)
- Auto Parts and Service NNN properties for sale (4 in Wisconsin across 3 tenants)
- Casual Dining NNN properties for sale (2 in Wisconsin across 2 tenants)
- Healthcare NNN properties for sale (2 in Wisconsin across 2 tenants)
- Gas Station and C-Store NNN properties for sale (2 in Wisconsin across 1 tenant)
- Bank Branch NNN properties for sale (2 in Wisconsin across 1 tenant)
Counts cover all observed listings from tenants with a profile page; the category pages aggregate the same tenants nationally.
Wisconsin NNN Properties by City
The cities with the most observed Wisconsin listings are Madison (9), Appleton (5), West Allis (5). Tap any city in the table to filter the full listing browser to that city.
| City | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Madison | 9 | 7.00% | $2.11M |
| Appleton | 5 | 7.00% | $4.53M |
| West Allis | 5 | 6.00% | $4.12M |
| Green Bay | 4 | 6.93% | $2.67M |
| Milwaukee | 4 | 7.63% | $2.64M |
| Beloit | 3 | 7.25% | $1.81M |
| Oconomowoc | 3 | 6.00% | $2.89M |
| Arcadia | 2 | 7.13% | $1.16M |
| Chilton | 2 | 6.97% | $1.86M |
| Fond Du Lac | 2 | 7.25% | $3.84M |
| Glendale | 2 | 5.63% | $9.21M |
| Janesville | 2 | 6.80% | $1.94M |
| La Crosse | 2 | 7.00% | $1.70M |
| Menomonie | 2 | 6.53% | $2.56M |
| Monroe | 2 | 7.20% | $3.46M |
| New Berlin | 2 | 6.82% | $7.64M |
| Oshkosh | 2 | 8.28% | $2.03M |
| Pewaukee | 2 | 7.60% | $1.26M |
| Rice Lake | 2 | 9.19% | $2.09M |
| Sheboygan | 2 | 6.30% | $2.09M |
Cities with the most Wisconsin listings observed (top 20 of 85). Tap a city to filter the full listing browser.
How Wisconsin Prices Against the National NNN Market
The Wisconsin median asking cap rate of 7.00% sits 65 bps above the national median of 6.35%. A state median reflects both location and which tenants happen to be on the market, so the state median alone is not a like-for-like price comparison. Compare any listing with its tenant’s national cap rate bands on the tenant page before reading the state spread as a discount or a premium; the investment grade guide explains how tenant credit sets the floor under those bands.
Wisconsin Taxes and the 1031 Exchange Buyer
General information, not tax or legal advice. State income tax, real estate transfer tax and property tax assessment rules differ by state, and sometimes by county or city, and they affect both your exchange and what a replacement tenant could afford in rent. Confirm the rules that apply to your property with your CPA, tax attorney and qualified intermediary before you rely on them. Replacement property must be identified within 45 days after the sale of the relinquished property and received by the earlier of 180 days after that sale or the due date, including extensions, of your tax return for that year (Internal Revenue Code Section 1031(a)(3); Treasury Regulation 1.1031(k)-1(b)(2)). Ask your qualified intermediary to confirm your exact dates, and use the full listing browser above to filter Wisconsin inventory by tenant and city, or each tenant page for national inventory on the same credit.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Wisconsin across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and cap rates (where a cap rate is not stated, it is computed from the published NOI and price), so they describe what sellers are asking, not closed sale prices. The same-tenant comparison takes each tenant’s median asking cap rate in Wisconsin and compares it with that tenant’s median in other states, for tenants with at least three Wisconsin listings and five listings elsewhere, weighted by Wisconsin listing count. Days on market are measured from the date a listing was first observed.
Frequently Asked Questions: NNN Properties For Sale in Wisconsin
How many NNN properties are for sale in Wisconsin right now?
As of October 30, 2026, 130 single-tenant net lease properties are observed for sale in Wisconsin across 79 tenants and 85 cities. The count updates automatically as listings are added and withdrawn.
What cap rates are Wisconsin NNN properties asking?
The median asking cap rate across observed Wisconsin listings is 7.00%, with the middle half of listings between 6.50% and 7.71%. That median is 65 bps above the national median of 6.35%. Cap rates vary by tenant, guarantee, remaining term and location; confirm the lease before relying on any single figure.
Which tenants have the most NNN listings in Wisconsin?
The tenants with the most observed Wisconsin listings right now are Walgreens (18), Dollar General (12), Doctors Of Physical Therapy (4). The tenant table above lists the top 40.
Which Wisconsin cities have the most NNN properties for sale?
The cities with the most observed listings are Madison (9), Appleton (5), West Allis (5). The city table above lists the top 20 and filters the full listing browser.
Are these listings offered by Investment Grade?
No. These are market observations aggregated from publicly marketed offerings and broker materials, not offerings by Investment Grade Income Property, LP. Registering for full property data connects you with our team for buyer representation and due diligence; the listing broker remains the listing broker.
NNN Properties For Sale in Other States
- NNN properties for sale in Arizona (158 listings)
- NNN properties for sale in California (446 listings)
- NNN properties for sale in Colorado (161 listings)
- NNN properties for sale in Florida (689 listings)
- NNN properties for sale in Georgia (318 listings)
- NNN properties for sale in Illinois (330 listings)
- NNN properties for sale in Indiana (195 listings)
- NNN properties for sale in Iowa (75 listings)
- NNN properties for sale in Louisiana (143 listings)
- NNN properties for sale in Maryland (55 listings)
- NNN properties for sale in Michigan (268 listings)
- NNN properties for sale in Mississippi (88 listings)
- NNN properties for sale in Missouri (149 listings)
- NNN properties for sale in Nevada (63 listings)
- NNN properties for sale in New Hampshire (20 listings)
- NNN properties for sale in New Jersey (75 listings)
- NNN properties for sale in New York (186 listings)
- NNN properties for sale in North Carolina (285 listings)
- NNN properties for sale in South Dakota (12 listings)
- NNN properties for sale in Tennessee (218 listings)
- NNN properties for sale in Texas (935 listings)
- NNN properties for sale in Utah (53 listings)
- NNN properties for sale in Washington (92 listings)
- NNN properties for sale in Wyoming (12 listings)
Browse NNN Properties For Sale by Tenant and Category
- All NNN properties for sale by tenant
- NNN restaurants for sale
- Dollar store NNN properties for sale
- Pharmacy NNN properties for sale
- Gas station and c-store NNN properties for sale
- Search every Wisconsin listing in the full NNN search
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,410 1031 exchange NNN properties for sale nationally, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
