Dave's Hot Chicken 10-Year NNN Lease 4215 W Wisconsin Ave 2,400 SF Retail Building Appleton, WI 54913 $1,785,600 ($744/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease with Minimal Landlord Responsibilities
- Within 5 miles: 126,202 population | $96,839 Avg HH Income | 145,175 daytime population.
- Brand New 2025 Construction
- Only Dave’s Hot Chicken within a 25-mile radius, serving Appleton and the greater Fox Cities
EXECUTIVE SUMMARY
Brand new 2025 Dave’s Hot Chicken located in Appleton, WI under a 10-year NNN lease with minimal landlord responsibilities. The lease features 10% rent increases every 5 years, including each of the four 5-year renewal options, offering consistent long-term rent growth.
The property is positioned along West Wisconsin Avenue, just off I-41 (70,400 VPD) in the heart of Appleton’s primary retail corridor, directly across from Meijer and near Menards, Target, Starbucks, Chick-fil-A, and Fox River Mall, which draws over 7.2 million visits annually.
This is the only Dave’s Hot Chicken within a 25-mile radius, well-positioned to serve the broader Fox Cities area. Dave’s Hot Chicken is among the fastest-growing fast-casual chains in the U.S.
Offered at a 6.25% cap rate with $111,600 Year 1 NOI, this offering presents a high-visibility, low-management opportunity in a thriving Midwest market.
The property is positioned along West Wisconsin Avenue, just off I-41 (70,400 VPD) in the heart of Appleton’s primary retail corridor, directly across from Meijer and near Menards, Target, Starbucks, Chick-fil-A, and Fox River Mall, which draws over 7.2 million visits annually.
This is the only Dave’s Hot Chicken within a 25-mile radius, well-positioned to serve the broader Fox Cities area. Dave’s Hot Chicken is among the fastest-growing fast-casual chains in the U.S.
Offered at a 6.25% cap rate with $111,600 Year 1 NOI, this offering presents a high-visibility, low-management opportunity in a thriving Midwest market.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
2,400 SF
Year Built
2025
Price
$1,785,600
Price Per SF
$744
Cap Rate
6.25%
NOI
$111,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.47 AC
NEARBY MAJOR RETAILERS
