3821 Tower Ave - Fast Food FOR SALE
Superior, WI 54880 |
$2,636,363 USD
310-626-1852
3821 Tower Ave
Superior, WI 54880
HIGHLIGHTS
- Outparcel to Walmart Supercenter, Driving Significant Regional Traffic to the Area
- Part of a Dense Retail Run and Surrounded By National Tenants Such as AT&T, Taco Bell, Great Clips, AutoZone, Aldi, Applebee's, Menards, Subway Etc.
- Arby's Group, Inc is the Arby's Franchisor/Operator Arm For Inspire Brands Family of Restaurants, Which Owns and Operates Nearly 33,000 Locations
- 3.5% Rent Bump Commencing in December, Yielding Immediate ROI Escalation
- New 10-Year Lease With 3 x 5 Year Options, Providing For a Long-Term Secured Asset Investment
- Arby's Has Ranked #1 in Its Category, Recognized By Entrepreneur's 'Franchise 500' in 2023
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,290 SF Arby's Located at 3821 Tower Avenue in Superior, WI. This Recently Renovated Property is an Outparcel to a Walmart Supercenter and Contains a Corporate-Backed Tenant With Visions For Significant Expansion Beyond 2025, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$2,636,363 USD
PRICE/SF
$801 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Arby's - Superior, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,422 SF
ZONING
-
APN/PARCEL ID
07-807-03014-05
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310-626-1852
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310-626-1852
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