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Noodles & Company 2001 8th St S 4,030 SF Retail Building Wisconsin Rapids, WI 54494 $1,115,000 ($276.67/SF) 6.50% Cap Rate
Executive Summary
?10-Year Modified NNN Lease with 10% Increases Every 5 Years - Tenant responsible for roof membrane and covering, landlord responsible for roof structure
?Corporate Lease with Noodles & Company (NASDAQ: NDLS) - 396 locations in the United States
?$1.568M Average Unit Volumes in Q2 2026 - A 4.62% implied rent to sales ratio at subject property
?Corporate Lease with Noodles & Company (NASDAQ: NDLS) - 396 locations in the United States
?$1.568M Average Unit Volumes in Q2 2026 - A 4.62% implied rent to sales ratio at subject property
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,030 SF
Building Class
B
Year Built/Renovated
1969/2024
Price
$1,115,000
Price Per SF
$276.67
Cap Rate
6.50%
NOI
$72,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.40 AC
Parking
16 Spaces (3.97 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3412186 | Improvements Assessment | $599,000 |
| Land Assessment | $123,100 | Total Assessment | $722,100 |
Property Taxes
Parcel Number
3412186
Land Assessment
$123,100
Improvements Assessment
$599,000
Total Assessment
$722,100
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Noodles & Company | 2001 8th St S