8660 US Highway 51 - Fast Food FOR SALE
Minocqua, WI 54548 |
$1,055,000 USD
844-585-7673
8660 US Highway 51
Minocqua, WI 54548
HIGHLIGHTS
- Newly Built Absolute NNN Taco Bell Ground Lease: Over 22 years remaining with 6 (5-year) options to extend
- Bite-Size Deal with Extremely Low Rent
- Main Retail Thoroughfare for the City of Minocqua (24,100 CPD) | Strong Retail Corridors with Large Pylon Signs and Excellent Visibility
- Excellent Demographics with Average Household Income Exceeding $109,000 in a 5-Mile Radius
- Oversized Parcel: Large 3.40 acre lot translating to strong intrinsic value
- Major Vacation Destination – Over $291 Million in Visitor Spending in Oneida County
FOR SALE DETAILS
PRICE
$1,055,000 USD
PRICE/SF
$368 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Taco Bell | Minocqua, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
24
LAND DETAILS
LAND ACRES
3.4 AC
LAND SF
148,069 SF
ZONING
C1
APN/PARCEL ID
MI 2171 6
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844-585-7673
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844-585-7673
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