BURGER KING FOR SALE 515 4th St N 2,971 SF Retail Building La Crosse, WI 54601 $966,000 ($325.14/SF) 5.95% Cap Rate

Retail | 5.95% CAP | 2,971 SqFt | BELOW MARKET RENT $19.35 / SF
Marketing description
Burger King | 515 4th Street | La Crosse, WI
Retail | 5.95% CAP | 2,971 SF | Below Market Rent – $19.35/SF
Presenting the exclusive opportunity to acquire a single-tenant Burger King located at 515 4th Street in the heart of La Crosse, Wisconsin. Positioned at the gateway to Downtown La Crosse, this highly visible asset occupies a prominent signalized triangular intersection with exposure to more than 40,000 vehicles per day, providing exceptional visibility and consistent consumer traffic.
This investment is anchored by a long-standing Burger King franchisee that has successfully operated at the property for over 20 years, demonstrating the location's strength and stability. Reinforcing its long-term commitment to the site, the tenant executed a five-year lease extension in December 2024, providing investors with dependable cash flow from an established operator, Cave Creek Enterprises LLC.
The lease is structured to minimize ownership responsibilities, with the tenant responsible for CAM, real estate taxes, insurance, and the maintenance of the premises, allowing for a truly passive investment. Additionally, the property is leased at a below-market rental rate of just $19.35 per square foot, presenting future upside potential as the market continues to strengthen.
Strategically located at the entrance to Downtown La Crosse, the property benefits from its proximity to major employers, government offices, hospitality, and entertainment. Institutional-quality neighboring properties, including Hampton Inn & Suites and La Crosse City Hall, further reinforce the area's strong fundamentals and continual daily traffic.
This offering presents investors with an opportunity to acquire a well-located, recession-resistant quick-service restaurant backed by a proven operator, a passive lease structure, below-market rent, and a premier downtown location that continues to serve as one of La Crosse's most recognizable commercial corridors.