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W249N6498 State Road 164 2,000 SF 100% Leased Retail Building Sussex, WI 53089 $1,155,537 ($577.77/SF) 4.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute triple net lease with zero landlord responsibilities
- Offered at an attractive low price per square foot for a 2016 construction quick service restaurant in the Milwaukee MSA
- Corporate guaranty from Taco Bell of America LLC for the full lease term
- Very low rent basis and well below market rental rate, providing long term security and strong residual value
- High image 2016 Taco Bell prototype with full drive thru, modern layout, and efficient operational design
- Four five year options with rental increases every five years, creating steady long term income growth
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity – TACO BELL GROUND LEASE, located at W249N6498 Wisconsin 164, Sussex, WI 53089. This property presents a lucrative Absolute NNN Ground Lease with Taco Bell of America, LLC as the corporate tenant, offering a very low rent basis of $54,888 per year and a 4.75% CAP rate. The 2,000 SF building sits on 0.79 Acres of land and boasts a high image 2016 Taco Bell prototype complete with a drive-thru. The lease includes a corporate guaranty from Taco Bell of America LLC and is operated by Albor Restaurant Group LLC. With four five-year options and rental increases every five years, this investment promises steady long-term income growth. Strategically located in Sussex, WI, in a high-income area near major national retailers, this property enjoys excellent visibility and access. Don't miss out on this rare opportunity to acquire a prime retail asset with a strong tenant and promising potential.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,000 SF
Building Class
B
Year Built
2018
Price
$1,155,537
Price Per SF
$577.77
Cap Rate
4.75%
NOI
$54,888
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.03 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SUXV-0231-989-001 | Improvements Assessment | $684,900 |
| Land Assessment | $391,500 | Total Assessment | $1,076,400 |
PROPERTY TAXES
Parcel Number
SUXV-0231-989-001
Land Assessment
$391,500
Improvements Assessment
$684,900
Total Assessment
$1,076,400
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W249N6498 State Road 164
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