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3431 W Fond Du Lac Ave
Milwaukee, WI 53210
Checkers · Retail Property For Sale
Investment Highlights
- 14 Years Remaining on an Absolute Net Ground Lease
- 12% Rent Increases Every Five Years - Next Rent Increase in October 2027 Raises the Cap Rate to 6.44%
- 35,000+ Vehicles Per Day and 480,000+ Residents within Five Miles
- Built-to-Suit in 1997 and Checkers Renewed for 20 Years in 2020
- Top 4% of Checkers Nationwide, per Placer.ai – More Info on Page 10
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
978 SF
Building Class
C
Year Built
1997
Price
$699,000
Price Per SF
$714.72
Cap Rate
5.75%
NOI
$40,181
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
CS
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 309-1271-000 | Improvements Assessment | $357,200 |
| Land Assessment | $142,600 | Total Assessment | $499,800 |
Property Taxes
Parcel Number
309-1271-000
Land Assessment
$142,600
Improvements Assessment
$357,200
Total Assessment
$499,800
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