311 Hampton Ct - Restaurant FOR SALE


Onalaska, WI 54650
$2,142,000 USD
703-477-1315
311 Hampton Ct, Onalaska, WI for Sale
$2,142,000 USD
Restaurant - FOR SALE
1/10
null | 7% Cap Rate

311 Hampton Ct
Onalaska, WI 54650


HIGHLIGHTS

  • Absolute NNN Lease with Corporate Guaranty
  • The offering boasts rare annual rent increases of 1.80%
  • Affluent demographics with a population of 21,627and an average household income of $103,234 within a 3-mile radius
  • 3.5 MSF of retail, 1.7 MSF of industrial and 1,700+ multifamily units within a 3-mile radius
  • Publicly-Traded Parent Company

OVERVIEW

CBRE is pleased to offer for sale the 6,320 square-foot Outback Steakhouse situated on 1.81 acres in Onalaska, WI. Outback’s absolute NNN lease features ±12.1 years of primary term remaining with three, 5-year renewal options and a corporate guaranty from Bloomin’ Brands.

FOR SALE DETAILS

PRICE

$2,142,000 USD

PRICE/SF

$339 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Outback Steakhouse: Onalaska, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

123

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

AA

APN/PARCEL ID

018-004766-003

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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