3048 Douglas Ave | Racine, WI 53402
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3048 Douglas Ave
Racine, WI 53402
Arby's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 11.00 YEARS REMAINING ON ABSOLUTE TRIPLE-NET (NNN) LEASE
- HEALTHY RENT-TO-SALES RATIO – 6.80% (1)
- ADJACENT TO ALDI SUPER MARKET
- OPERATED BY 2ND LARGEST ARBY’S FRANCHISEE
- PRICED BELOW REPLACEMENT COST
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,044 SF
Building Class
B
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.74 AC
Zoning
B2
Parking
25 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
45’ on Douglas Ave
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 276-000021214000 | Improvements Assessment | $428,300 |
| Land Assessment | $191,700 | Total Assessment | $620,000 |
PROPERTY TAXES
Parcel Number
276-000021214000
Land Assessment
$191,700
Improvements Assessment
$428,300
Total Assessment
$620,000
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