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Restaurant

Burger King

109 Frances Ln, Beaver Dam, WI 53916

Listing Price: $2,400,000

Cap Rate
5.00%
Tenant Name
Cave Enterprises
Years Remaining On Lease
17.1
Guarantor
Franchisee Guarantee
Rentable SF
3,150
Lease Type
Absolute Net
Rent Per Square Feet
$38.10

Investment Overview

Marcus & Millichap is pleased to present a 3,150 square foot freestanding Burger King Restaurant located in Beaver Dam, WI. The building was constructed in late 2018. There are currently 17 years remaining on an original 20-year NNN lease which calls for landlord friendly 1% annual increases in rent and 4 5-year renewal options. The tenant, Cave Enterprises, currently operates 170+ locations with in place expansion plans that will provide an investor with continued credit enhancement.

Investment Highlights

  • Absolute NNN Lease with zero landlord responsibilities
  • New 2018 construction
  • Lease executed by entire 170+ unit entity, Cave Enterprises, Inc.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s) WI: 56163-90

    Wisconsin

Restaurant

Burger King

Listing Price: $2,400,000

Cap Rate
5.00%
Tenant Name
Cave Enterprises
Years Remaining On Lease
17.1
Guarantor
Franchisee Guarantee
Rentable SF
3,150
Lease Type
Absolute Net
Rent Per Square Feet
$38.10

Investment Highlights

  • Absolute NNN Lease with zero landlord responsibilities
  • New 2018 construction
  • Lease executed by entire 170+ unit entity, Cave Enterprises, Inc.

Investment Overview

Marcus & Millichap is pleased to present a 3,150 square foot freestanding Burger King Restaurant located in Beaver Dam, WI. The building was constructed in late 2018. There are currently 17 years remaining on an original 20-year NNN lease which calls for landlord friendly 1% annual increases in rent and 4 5-year renewal options. The tenant, Cave Enterprises, currently operates 170+ locations with in place expansion plans that will provide an investor with continued credit enhancement.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s): WI: 56163-90

    Wisconsin

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