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Restaurant

McDonald's w/ Dual Drive-Thru & SQRL C-Store, Fuel Station & Car Wash | Accelerated Depreciation

13 South Street, Crivitz, WI 54114

Listing Price: $3,256,707

Cap Rate
7.50%
Tenant Name
McDonald's & SQRL
Years Remaining On Lease
18.7
Gross SF
7,808
Guarantor
Corporate Guarantee
Rentable SF
7,808
Price/Gross SF
$417.10
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.28

Investment Overview

Crivitz is a city in Marinette County, Wisconsin and is part of the Marinette, WI–MI Micropolitan Statistical Area. It is located in the northeastern part of Wisconsin, near the border with Michigan's Upper Peninsula. It is approximately 75 miles north of Green Bay, Wisconsin's largest city. The town is surrounded by picturesque forests, lakes, and rivers, making it a popular destination for outdoor enthusiasts. The landscape is characterized by dense forests, including a mix of hardwoods and conifers, and numerous bodies of water. The tourism industry and outdoor activities such as fishing, snowmobiling, and hunting are important to the Crivitz economy. Several area businesses specialize in outdoor activities, such as hunting, fishing, snowmobiling, whitewater rafting, tubing, ATV trail upkeep, and boat rental services. Due to its natural beauty and recreational opportunities, Crivitz attracts tourists throughout the year, with summer and winter being particularly busy seasons. Visitors come to enjoy the pristine wilderness, go camping, and take part in various water sports.

Investment Highlights

  • NNN Leases w/ Favorable Rental Increases. McDonald's (23 Year Historical Occupancy) Completed Exterior Double Drive-Thru in 2021.
  • Full Interior Remodel in 2023 Demonstrating a Strong Commitment to the Location. Large Lot with Excellent Frontage.
  • McDonald's (NYSE: MCD) is Ranked #169 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $23.1 Billion.
  • Strong Tenant Profile - the Lease is Corporately Signed By the Parent Company with more than 350 Locations Currently Operating in 14 States.
  • Strategically Positioned Along Route 141 which Connects Crivitz to Green Bay, WI- Features Easy Access & Excellent Visibility.
  • Adjacent to Crivitz High School, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Restaurant

McDonald's w/ Dual Drive-Thru & SQRL C-Store, Fuel Station & Car Wash | Accelerated Depreciation

Listing Price: $3,256,707

Cap Rate
7.50%
Tenant Name
McDonald's & SQRL
Years Remaining On Lease
18.7
Gross SF
7,808
Guarantor
Corporate Guarantee
Rentable SF
7,808
Price/Gross SF
$417.10
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.28

Investment Highlights

  • NNN Leases w/ Favorable Rental Increases. McDonald's (23 Year Historical Occupancy) Completed Exterior Double Drive-Thru in 2021.
  • Full Interior Remodel in 2023 Demonstrating a Strong Commitment to the Location. Large Lot with Excellent Frontage.
  • McDonald's (NYSE: MCD) is Ranked #169 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $23.1 Billion.
  • Strong Tenant Profile - the Lease is Corporately Signed By the Parent Company with more than 350 Locations Currently Operating in 14 States.
  • Strategically Positioned Along Route 141 which Connects Crivitz to Green Bay, WI- Features Easy Access & Excellent Visibility.
  • Adjacent to Crivitz High School, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Crivitz is a city in Marinette County, Wisconsin and is part of the Marinette, WI–MI Micropolitan Statistical Area. It is located in the northeastern part of Wisconsin, near the border with Michigan's Upper Peninsula. It is approximately 75 miles north of Green Bay, Wisconsin's largest city. The town is surrounded by picturesque forests, lakes, and rivers, making it a popular destination for outdoor enthusiasts. The landscape is characterized by dense forests, including a mix of hardwoods and conifers, and numerous bodies of water. The tourism industry and outdoor activities such as fishing, snowmobiling, and hunting are important to the Crivitz economy. Several area businesses specialize in outdoor activities, such as hunting, fishing, snowmobiling, whitewater rafting, tubing, ATV trail upkeep, and boat rental services. Due to its natural beauty and recreational opportunities, Crivitz attracts tourists throughout the year, with summer and winter being particularly busy seasons. Visitors come to enjoy the pristine wilderness, go camping, and take part in various water sports.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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