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2050 Silvernail Rd
Pewaukee, WI 53072
Retail Property For Sale
Investment Highlights
- LARGE FRANCHISEE | MANNA HOSPITALITY | 200+ LOCATIONS
- 41 YEAR OPERATING HISTORY
- MULTIPLE POINTS OF ACCESS FROM MAIN THOROUGHFARE
- MARK-TO-MARKET OPPORTUNITY | NO OPTIONS REMAINING
- SHADOW GROCERY ANCHOR | METRO MARKET (KROGER)
- EXCELLENT DEMOGRAPHICS | DENSITY WITH HIGH INCOMES
Executive Summary
Mid-America Real Estate, in cooperation with Mid-America Real Estate - Wisconsin LLC, has been retained on behalf of the owner to sell the 100% simple interest in the 3,900 square foot, freestanding Wendy’s located at the Southwest corner of Silvernail Plaza off Silvernail Road, Waukesha, WI. The subject offering features a 9.5-year NNN ground lease located as an outlot to a lineup of highly desirable tenants.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,900 SF
Building Class
B
Year Built
1985
Price
$1,740,000
Price Per SF
$446.15
Cap Rate
5.74%
NOI
$99,825
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.10
Lot Size
0.94 AC
Zoning
B
Parking
30 Spaces (7.69 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signalized Intersection
Property Taxes
| Parcel Number | WAKC-0974-011 | Improvements Assessment | $827,400 |
| Land Assessment | $501,600 | Total Assessment | $1,329,000 |
Property Taxes
Parcel Number
WAKC-0974-011
Land Assessment
$501,600
Improvements Assessment
$827,400
Total Assessment
$1,329,000
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