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Restaurant

Chick-fil-A Ground Lease

225306 Lilac Ave, Wausau, WI 54401

Listing Price: $3,000,000

Cap Rate
4.00%
Tenant Name
Chick-fil-A
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
5,304
Lease Type
NNN Ground Lease
Rent Per Square Feet
$22.62

Investment Overview

Marcus & Millichap is pleased to present this brand-new construction Chick-fil-A, backed by a corporate guarantee. The tenant has executed a 15-year ground lease with zero landlord responsibilities, offering truly passive ownership. The property is located within a dense retail corridor off Highway 51, near Rib Mountain State Park and Granite Peak Ski Resort—two major year-round demand drivers that attract consistent visitor traffic to Wausau.

Investment Highlights

  • Brand New Construction with Tenant Expected to Open in February
  • Absolute Net Ground Lease Through 1/31/2041
  • 7.5% Rent Increases Every Five Years Throughout Base Term and Eight Five-Year Options
  • Corporate Guarantee – Over 3,000 Locations
  • Located in Dense Retail Corridor off of Highway 51 near Rib Mountain State Park and Granite Peak Ski Resort

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

Restaurant

Chick-fil-A Ground Lease

Listing Price: $3,000,000

Cap Rate
4.00%
Tenant Name
Chick-fil-A
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
5,304
Lease Type
NNN Ground Lease
Rent Per Square Feet
$22.62

Investment Highlights

  • Brand New Construction with Tenant Expected to Open in February
  • Absolute Net Ground Lease Through 1/31/2041
  • 7.5% Rent Increases Every Five Years Throughout Base Term and Eight Five-Year Options
  • Corporate Guarantee – Over 3,000 Locations
  • Located in Dense Retail Corridor off of Highway 51 near Rib Mountain State Park and Granite Peak Ski Resort

Investment Overview

Marcus & Millichap is pleased to present this brand-new construction Chick-fil-A, backed by a corporate guarantee. The tenant has executed a 15-year ground lease with zero landlord responsibilities, offering truly passive ownership. The property is located within a dense retail corridor off Highway 51, near Rib Mountain State Park and Granite Peak Ski Resort—two major year-round demand drivers that attract consistent visitor traffic to Wausau.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

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