About This Restaurant
Investment Highlights
Long Term Lease: Property being offered on a 20 year sale lease back, with lease starting on the date of sale. This lease will be executed with AES Midwest, LLC, which plays a pivotal role within the AES Restaurant Group Family. AES Midwest, LLC Above Average Store Sales: This Arby?s most recent sales reports greatly exceed the national unit average. Ease of Management: NNN Lease With No Landlord Responsibilities Arby?s is a part of the Inspire Food Brands Family, joined by other notable brand such as Dunkin?, Jimmy Johns, Sonic, and Buffalo Wild Wings. Rankings: This Arby?s unit ranks 66th percentile in the nation and 88th percentile in the state of Wisconsin.
Executive Summary
Matt FitzgeraldLicense No. 938105-91 (WI)(866) 889-0550Matthews Real Estate Investment Services, Inc1600 West End,Ste. 1500 Nashville, TN 37203
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 1,544
- Building Class B
- Year Built 2004
- Price 2,120,927
- Price Per SF 1,374
- Cap Rate 5.50
- NOI 116,651
- Tenancy Single
- Building Height 1 Story
- Slab To Slab 11?
- Building FAR 0.03
- Land Acres 1.03 AC
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Nearby Amenities & Transportation
| Retail | Wingstop | ||
| Retail | Biggby Coffee | ||
| Retail | Piggly Wiggly | ||
| Retail | Panda Express | ||
| Retail | Starbucks | ||
| Retail | Chase Bank | ||
| Retail | Bakers Square Restaurant & Pies | ||
| Retail | Pick 'N Save | ||
| Retail | BMO Harris Bank | ||
| Retail | Bambu |
Property Taxes
| Parcel Number | 519-9995-004 | Improvements Assessment | $401,700 |
| Land Assessment | $763,600 | Total Assessment | $1,165,300 |
| Date Created: | 2024-07-16 04:25:41 | Last Updated: | 2024-07-16 04:25:41 |
| Address: | 10743 W National Ave , Milwaukee, Wisconsin, 53227 | ||