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Investment Highlights

  • 5,616 Square Feet of Retail Space
  • Rent Type: (NNN) Triple Net
  • Outstanding visibility with impressive daily traffic exceeding 10,000 visitors
  • Fully Built-Out as a restaurant or café space

Executive Summary

2023 CENEX DR. at 2023 Cenex Dr., Rice Lake, WI 54868 offers a rare opportunity to lease a newly remodeled, move-in-ready restaurant or café space in a highly visible location. This impressive 5,616-square-foot outparcel building is fully built out for food service and positioned to capture strong exposure from daily traffic exceeding 10,000 visitors. Formerly operated as a national-brand diner, the property features an efficient layout in excellent condition, making it ideal for restaurateurs, café operators, or other retail users seeking a turnkey space. Highlights include central air conditioning, included freezer space, and finished 10-foot ceilings that create a comfortable and functional environment for staff and guests alike. With its prime location, strong visibility, and ready-to-open condition, 2023 CENEX DR. delivers the convenience, presence, and built-in infrastructure businesses need to launch quickly and grow successfully.
-5,616 Square Feet of Retail Space
-Outstanding visibility with impressive daily traffic exceeding 10,000 visitors
-Rent Type: (NNN) Triple Net Lease rate excludes utilities, property expenses, and building services
-Fully Built-Out as a restaurant or café space
-Located as an outparcel at this property
-Space in excellent condition
-Equipped with central air conditioning
-Includes freezer space
-Finished ceilings at 10 feet
-Recently remodeled and move-in ready in a prime location

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,616 SF
Building Class
B
Year Built/Renovated
2001/2024
Price
$1,100,000
Price Per SF
$195.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
94 Spaces (16.74 Spaces per 1,000 SF Leased)
Frontage
488’ on Cenex Drive

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
276-5002-83-020
Land Assessment
$401,000
Improvements Assessment
$604,400
Total Assessment
$1,005,400
  • Listing ID: 41333773

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 2023 Cenex Dr, Rice Lake, WI 54868

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