1033 Chippewa Crossing - Fast Food FOR SALE
Chippewa Falls, WI 54729 |
1033 Chippewa Crossing
Chippewa Falls, WI 54729
HIGHLIGHTS
- This newly constructed build-to-suit asset is 100% leased to Caribou Coffee corporate
- The tenant signed a 12-year NNN lease, which features 10% rent escalations every five years and is estimated to commence in January of 2024
- This grocery-anchored property is an outparcel to a newly developed Festival Foods, one of the largest grocery chains in Wisconsin
- The site features Caribou Coffee’s new “Cabin” concept, which is a drive-thru and walk-up only design
- Caribou Coffee has over 700 locations worldwide with over 350 of those locations being in Minnesota and Wisconsin
- The property is located on and highly visible from the signalized corner of WI-29 BUS and Chippewa Crossing Blvd
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
554
STORIES
1
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
22808-0841-75547004
