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Freddy's | Oshkosh, WI 525 S Washburn St 2,500 SF 4-Star Retail Building Oshkosh, WI 54904 $2,960,000 ($1,184/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-Tenant Drive-Thru Freddy’s Frozen Custard & Steakburgers
- Long-Term 15-Year Absolute NNN Lease - Zero Landlord Responsibilities
- Three 5-Year Options at 10% Rent Increases Each
- New 2024 Construction - Store opened in January 2025
- 10% Rent Increases Every Five Years
- Full Lease Guarantee From Operator
EXECUTIVE SUMMARY
15-Year Absolute NNN Lease | Brand New Construction | Dominant Retail Corridor
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1981/1982
Price
$2,960,000
Price Per SF
$1,184
Cap Rate
6.25%
NOI
$184,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.99 AC
Zoning
C2
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-14610000 | Improvements Assessment | $428,100 |
| Land Assessment | $266,900 | Total Assessment | $695,000 |
PROPERTY TAXES
Parcel Number
06-14610000
Land Assessment
$266,900
Improvements Assessment
$428,100
Total Assessment
$695,000
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Freddy's | Oshkosh, WI | 525 S Washburn St
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