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Applebee’s For Lease 115 Industrial Dr 5,488 SF of Retail Space Available in Beaver Dam, WI 53916
Highlights
- Prime restaurant space of ±5,488 SF available for lease in Beaver Dam’s main retail corridor.
- Ample parking with 34 spaces and 389 feet of frontage on E. Industrial Dr.
- High visibility location with ±17,000 VPD on US 151 and ±6,000 VPD on E Industrial Rd.
- Co-tenant Pizza Hut provides strong traffic and synergy for restaurant operators.
- Modern construction built in 2015, ideal for restaurant or retail use.
- Located in a strong trade area with 18,915 residents within 3 miles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,488 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
This offering presents an approximately 5,488 SF former Applebee’s restaurant located along Beaver Dam’s strongest retail corridor. Built in 2015, the property features a modern design and an adaptable layout suitable for full-service dining, quick-service conversion, or other retail concepts. Positioned on E. Industrial Drive, the site benefits from outstanding visibility with 389 feet of frontage and immediate exposure to over 17,000 vehicles per day on US Highway 151 and an additional 6,000 VPD along Industrial Drive. The property includes 34 on-site parking spaces, convenient site access, and proximity to a dynamic mix of national retailers and major hospitality brands that create a consistent traffic draw for the area. Co-tenancy with Pizza Hut helps amplify consumer visits, while nearby quick-service restaurants and shopping destinations sustain high trade-area engagement. Located within a 3-mile radius serving nearly 19,000 residents, the site delivers direct access from US-151, enhancing connectivity across the region. For operators seeking a modern, functional space in a visible high-traffic setting, this location offers exceptional market fundamentals and operational convenience for long-term success.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,488 SF | Gross Leasable Area | 7,924 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Restaurant | Parking Ratio | 4.54/1,000 SF |
| Total Space Available | 5,488 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,924 SF |
| Year Built | 2015 |
| Parking Ratio | 4.54/1,000 SF |
About the Property
The property at 115 Industrial Drive, Beaver Dam, WI consists of a single-story retail building constructed in 2015. It encompasses approximately 5,488 SF within a larger parcel featuring marked surface parking. The site is located along E Industrial Drive within a major retail corridor positioned near US Highway 151. The property offers direct frontage visibility and is situated among regional and national retailers, with traffic counts exceeding 17,000 VPD on US 151. The immediate area serves a population of close to 19,000 residents within a 3-mile radius.
Nearby Major Retailers
Contacts
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Catherine Lueckel -
Abigail Ruckel -
Charlie Wheeler -
Connor Knauer -
Matthews Real Estate Investment Services
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Applebee’s For Lease | 115 Industrial Dr
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