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1180 W Fond Du Lac St
Ripon, WI 54971
KFC/Taco Bell: New 20 Yr Absolute NNN Lse · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,382 SF
Building Class
C
Year Built/Renovated
1994/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.30 AC
Zoning
Commercial (B)
Frontage
185’ on W Fond Du Lac St

AMENITIES

  • Drive Thru
  • Air Conditioning

ABOUT 1180 W FOND DU LAC ST , RIPON, WI 54971

KFC/Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years and two 5-year renewal options – RARE dual branded concept! The tenant, KBP Foods is the largest KFC franchisee in the US operating 760 locations in 25 states and will generate sales in excess of $800 million in 2019. This asset has been successfully open and operating since 1994 with an attractive 8.03% rent-to-sales ratio and was recently remodeled to KFC’s newest “American Showman” prototype in 2017 – showing tenants commitment to the location. KFC/Taco Bell is located in Ripon, Wisconsin on a large 2.30 acre lot with excellent drive by visibility on the main east/west thoroughfare in Ripon. Nearby retailers include: Kmart & Webster’s Marketplace, Ace Hardware, Dollar General, Verizon, U.S. Cellular, Walgreens, O’Reilly Auto Parts, NAPA Auto Parts, Anytime Fitness, McDonalds, Culver’s, A&W Restaurant, Subway, Cousins Subs, etc. The subject location is less than 2 miles from Ripon College (enrollment of 807), 3 miles from Ripon Medical Center (18 beds), and is in a three mile vicinity of 4 public schools and 2 charter schools with a total enrollment of over 1,350. *In Association with Wisconsin Local Broker: Renee Wurzelbacher, Bang Realty-Wisconsin, Inc. #58296-90

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RIP-16-14-17-09-020-14
Land Assessment
$134,500
Improvements Assessment
$1,380,500
Total Assessment
$1,515,000
  • Listing ID: 18711274

  • Date on Market: 3/2/2020

  • Last Updated:

  • Address: 1180 W Fond Du Lac St, Ripon, WI 54971

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