About This Restaurant
Investment Highlights
LONG-TERM NET LEASE WITH INCREASES PROXIMITY TO MAJOR TOURIST LOCATION BRAND NEW CONSTRUCTION WITH DRIVE-THRU LIMITED COMPETITION CORPORATE GUARANTEED LEASE BY STARBUCKS
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell a brand-new construction, 2,460 square foot Starbucks coffeehouse in Baraboo, Wisconsin. The property is ideally positioned near the corner of Highway 136 (WI-136) and Sauk Avenue.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant Fast Food
- Building Size 2,460
- Year Built 2023
- Price 2,166,667
- Price Per SF 881
- Cap Rate 6
- NOI 130,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.06
- Land Acres 0.90 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Taxes
| Parcel Number | 206 1152-50000 | Improvements Assessment | $266,000 |
| Land Assessment | $180,900 | Total Assessment | $446,900 |
| Date Created: | 2024-07-16 04:25:42 | Last Updated: | 2024-07-16 04:25:42 |
| Address: | 795 -136 , Baraboo, Wisconsin, 53913 | ||