414-443-0700
17685 W Bluemound Rd, Brookfield, WI for Sale
Commercial LAND - FOR SALE
1/10
103,237 SF

17685 W Bluemound Rd
Brookfield, WI 53045


HIGHLIGHTS

  • Long-term Absolute Net ground lease with Portillo's restaurant
  • STNL Investment
  • Located within The Corridor of Brookfield - a modern, mixed-use destination development

OVERVIEW

This is a rare opportunity to acquire a coveted land site that is under a long-term ground lease with a popular restaurant that opened to much fanfare in 2016. The initial lease term of 20 years expires in 2036 and the occupier has four, five year options to extend their lease. Key features of this offering include: - 12+ years remaining on the lease with four (4), five (5)-year options to extend for a high-quality, investment-grade Tenant (Portillo’s). - Project is in a high-traffic retail corridor in southeastern Wisconsin where there are strong demographics and desirable adjacencies. - Building is newly constructed. - Waukesha County is business-friendly, with low taxes and a great economic base. - This is a rare opportunity to acquire a ground lease for a sought-after retailer/restaurant.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Portillo's Restaurant Ground Lease

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Restaurant

LAND ACRES

2.37 AC

LAND SF

103,237 SF

OFFSITE IMPROVEMENTS

-

ZONING

PDD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim NelsonIrgens PartnersMore Info
414-443-0700

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Tim NelsonIrgens PartnersMore Info
414-443-0700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.