Taco John's 6211 75th St

6211 75th St , Kenosha, Wisconsin, 53142 | 2,439 sq.f | $ 1,454,000

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About This Restaurant

Investment Highlights

Tremendous Opportunity Pentex Restaurant Group Guaranty (45 Units) Excellent Retail Corridor Brand New Construction Coupon Clip Investment Dense, Affluent Customer Base

Executive Summary

CBRE?s Net Lease Property Group is pleased to extend the opportunity to acquire a brand-new 20-year absolute NNN ground lease with Taco John?s in Kenosha, Wisconsin. The lease features strong 10% rental increases every five years during the base term as well as in each of the four, 5-year options to renew.Taco John?s is strategically located with unmatched access and visibility from 75th Street, a major east-west thoroughfare that boasts strong traffic counts of 33,500 vehicles per day. The site is also just east of the signalized intersection of 75th Street and Green Bay Road, with combined traffic counts of 60,700 vehicles per day.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    2,439
  • Year Built    2023
  • Price    1,454,000
  • Price Per SF    596
  • Cap Rate    5.50
  • NOI    80,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    0.75 AC

Nearby Amenities & Transportation

Retail Meijer
Retail U.S. Bank
Retail Golden Corral Buffet & Grill
Retail ALDI
Retail Mission BBQ
Retail Huntington National Bank
Retail Applebee's
Retail Wingstop
Retail Chili's
Retail Huhot Mongolian Grill

Property Taxes

Parcel Number 03-122-10-127-003 Improvements Assessment $183,600
Land Assessment $0 Total Assessment $183,600
Date Created: 2024-07-16 04:25:41 Last Updated: 2024-07-16 04:25:41
Address: 6211 75th St , Kenosha, Wisconsin, 53142