7141 Durand Ave - Fast Food FOR SALE


Sturtevant, WI 53177
$2,011,943 USD
631-903-7137
7141 Durand Ave, Sturtevant, WI for Sale
$2,011,943 USD
Fast Food - FOR SALE
1/5
null | 5.5% Cap Rate

7141 Durand Ave
Sturtevant, WI 53177


OVERVIEW

CBRE is pleased to present an exclusive listing for the Arby’s located at 7141 Durand Ave in Sturtevant, Wisconsin. The site consists of 3,000 total square feet of building space and sits on 1.3 acres of land. The site will be subject to a 20-year sale-leaseback with AES Restaurants. Starting in year one, the base rent shall be $110,657. The lease will call for 10% rental escalations each five-year period during the base term and throughout each, five-year period.

FOR SALE DETAILS

PRICE

$2,011,943 USD

PRICE/SF

$671 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arbys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

B-3

APN/PARCEL ID

151-032226161071

ASK ABOUT THIS PROPERTY

631-903-7137

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631-903-7137

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