Restaurant
Taco John's (New Construction - Now Open)
4650 S 5th St, Milwaukee, WI 53221
Listing Price: $1,619,000
Investment Overview
Marcus and Millichap is proud to offer for sale a brand new construction Taco John’s that operates on a ground lease in Milwaukee, WI. Pentex Restaurant Group, a leading 40+ unit Taco John’s franchisee, recently executed a long term 20-year ground lease on a 0.74 acre corner lot just blocks from the Milwaukee International Airport. The lease provides a landlord a completely passive investment and offers 10% rental increase every 5 years providing a hedge against inflation. Taco Johns is located adjacent to the 120 room Courtyard Mariott Milwaukee Airport Hotel and across from Old Dominion Freight. The corner lot is exposed to a combined 26,219 vehicles per day along West Layton Ave and South 6th Street.
Taco John's (New Construction - Now Open)
Investment Highlights
- Brand New 2023 Construction – Latest Taco John's Prototype, 2,400 SF Building, Corner Lot Spanning 0.74 Acres
- Long Term 19 Year Ground Lease - 10% Rental Increases Every 5 Years
- Operated by Pentex Restaurant Group – Leading Taco John's Franchisee Operating 40+ Units
- Exposed to a Combined 26,219 Vehicles Passing Daily Along West Layton Ave and South 6th Street
- Situated Adjacent to 120 Room Courtyard Marriott and 0.5 Miles From Milwaukee Airport (4.5 Million Travelers Annually)
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Listing Price: $1,619,000
Investment Highlights
- Brand New 2023 Construction – Latest Taco John's Prototype, 2,400 SF Building, Corner Lot Spanning 0.74 Acres
- Long Term 19 Year Ground Lease - 10% Rental Increases Every 5 Years
- Operated by Pentex Restaurant Group – Leading Taco John's Franchisee Operating 40+ Units
- Exposed to a Combined 26,219 Vehicles Passing Daily Along West Layton Ave and South 6th Street
- Situated Adjacent to 120 Room Courtyard Marriott and 0.5 Miles From Milwaukee Airport (4.5 Million Travelers Annually)
Investment Overview
Marcus and Millichap is proud to offer for sale a brand new construction Taco John’s that operates on a ground lease in Milwaukee, WI. Pentex Restaurant Group, a leading 40+ unit Taco John’s franchisee, recently executed a long term 20-year ground lease on a 0.74 acre corner lot just blocks from the Milwaukee International Airport. The lease provides a landlord a completely passive investment and offers 10% rental increase every 5 years providing a hedge against inflation. Taco Johns is located adjacent to the 120 room Courtyard Mariott Milwaukee Airport Hotel and across from Old Dominion Freight. The corner lot is exposed to a combined 26,219 vehicles per day along West Layton Ave and South 6th Street.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
