920 Washington Ave | Racine, WI 53403
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- LoopNet Team
920 Washington Ave
Racine, WI 53403
Popeyes · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Generous Rental Increases - 10% rental increases every 5 years in the primary term
- 20-Year Guaranty - 20-year lease with 19 years remaining, guaranteed by HZ Ops Holdings
- Absolute NNN Lease with No Landlord Responsibilities
- Top Restaurant Operator - The Group is the largest franchisee in the Popeyes system with over 25 years of franchisee experience
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,420 SF
Building Class
B
Year Built/Renovated
1982/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.58 AC
Zoning
B3
Parking
22 Spaces (8.56 Spaces per 1,000 SF Leased)
Frontage
130’ on 9th St
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 276-000003709000 | Improvements Assessment | $655,000 |
| Land Assessment | $140,000 | Total Assessment | $795,000 |
PROPERTY TAXES
Parcel Number
276-000003709000
Land Assessment
$140,000
Improvements Assessment
$655,000
Total Assessment
$795,000
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