2645 Monroe Rd
De Pere, WI 54115
Arby's · Retail Property For Sale

This is an excellent opportunity to purchase a newly constructed investment property for $1,454,545 at 5.50% cap rate with a 15 years remaining on the lease. This lease includes 5% rent increases every five years, and five 5-year options. Expected rent commencement date is June 1, 2017. The property is in an ideal location, just south of an Interstate-172 exit where traffic counts exceed 52,900 vehicles daily. The tenant on the lease is DRM, Inc., a strong family owned and operated company, which currently operates 72 Arby' s restaurants. This Arby' s property is located on Monroe Road in De Pere (Green Bay), Wisconsin. This property is in the municipal jurisdiction of the Village of Bellevue and six miles south of Green Bay. Arby' s is one block south of Wisconsin Interstate 172 and adjacent to Kwik Trip. Traffic counts along Interstate 172 average over 52,900 vehicles per day. The East Town Mall is three miles north of Arby' s. De Pere high school is located three miles southwest. In addition, other area retailers include The Home Depot, Costco Wholesale, Walmart, Target, Fleet Farm, Menards, Walgreens, McDonald' s, Sonic, Perkin' s, Burger King, Taco Bell, and many more. The Village of Bellevue is a progressive community located within the Green Bay Metropolitan Statistical Area, and is one of Brown County's fastest growing municipalities with a population of approximately 15,000 residents.