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2844 Fish Hatchery Rd 4,442 SF Retail Building Madison, WI 53713 $3,350,000 ($754.16/SF) 6% Cap Rate
Investment Highlights
- Lease expires December 2038, offering 12+ years of stable income.
- 1.5% Annual Rent Increases
- Minutes from Beltline Highway (US-12/18) and US-14, providing strong regional commuter traffic and access.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 4,442 SF
- $45.24
- Triple Net
- Dec 2038
Popeyes is a global quick-service restaurant brand focused on Louisiana-style fried chicken and related menu offerings. The company was founded in 1972 in the New Orleans suburb of Arabi, Louisiana, by entrepreneur Alvin C. Copeland Sr. Originally operating as “Chicken on the Run,” the concept was rebranded as Popeyes after introducing a spicier Cajun-influenced recipe that differentiated it from national competitors. Popeyes expanded through franchising beginning in the mid-1970s and established itself as a leading chicken-focused quick-service brand in the United States before expanding internationally.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 4,442 SF | $45.24 | Triple Net | Dec 2038 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0609-031-1881-6 | Improvements Assessment | $698,300 |
| Land Assessment | $1,068,200 | Total Assessment | $1,766,500 |
Property Taxes
Presented by
2844 Fish Hatchery Rd
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