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Restaurant

Burger King (Milwaukee)

N83 w15550 Appleton Ave, Menomonee Falls, WI 53051

Listing Price: $2,526,000

Cap Rate
4.75%
Tenant Name
Cave Enterprises
Years Remaining On Lease
17.3
Guarantor
Franchisee Guarantee
Rentable SF
3,167
Lease Type
Absolute Net
Rent Per Square Feet
$37.89

Investment Overview

Marcus & Millichap is pleased to present a 3,167 square foot freestanding Burger King Restaurant located in Menomonee Falls (Milwaukee), WI. The building was constructed in 2019. There are currently 17.5 years remaining on an original 20-year NNN lease which calls for landlord friendly one percent annual increases in rent and four 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

  • Lease executed by 170+ unit entity, Cave Enterprises, Inc.
  • Absolute NNN Lease with zero landlord responsibilities
  • Adjacent to CVS Drugstore along major retail thoroughfare

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Restaurant

Burger King (Milwaukee)

Listing Price: $2,526,000

Cap Rate
4.75%
Tenant Name
Cave Enterprises
Years Remaining On Lease
17.3
Guarantor
Franchisee Guarantee
Rentable SF
3,167
Lease Type
Absolute Net
Rent Per Square Feet
$37.89

Investment Highlights

  • Lease executed by 170+ unit entity, Cave Enterprises, Inc.
  • Absolute NNN Lease with zero landlord responsibilities
  • Adjacent to CVS Drugstore along major retail thoroughfare

Investment Overview

Marcus & Millichap is pleased to present a 3,167 square foot freestanding Burger King Restaurant located in Menomonee Falls (Milwaukee), WI. The building was constructed in 2019. There are currently 17.5 years remaining on an original 20-year NNN lease which calls for landlord friendly one percent annual increases in rent and four 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

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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